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    2777 W University Blvd Jacksonville, FL 32216

    Sponsored
    Picture of Retail space at W University Blvd 2777, Jacksonville, FL
    For Lease
    $3,636 /Mo ($27 SF/Yr)

    Commercial Lease - Jacksonville, FL

    Property size:
    1,600 SF
    Days on Market:
    16
    Last Refresh:
    Jan 31 at 4:06 pm

    Property Features for 2777 W University Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    147857-0200
    Parking features
    Garage
    Size
    1,600 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Melesia Ziller
    Melesia Ziller

    Partnership Realty Inc (561) 355-0270

    Listing agent Melesia Ziller (561) 355-0270

    Listing date Jan 16, 2026

    MLS# 11618349 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Class-Ready Studio in Jacksonville, FL

    Available for sublease is a 1,600 square foot inline suite in Shoppes of San Jose, ideally suited for schedule-driven operators such as youth instruction, enrichment academies, tutoring/learning centers, boutique fitness, wellness/therapy groups, or personal services practices. The existing configuration features an open training studio, a small office/reception area, storage space, and multiple restrooms, allowing for conversions with minimal capital expenditure. The center benefits from an established, family-oriented trade area characterized by strong household density and demographic stability within 1-3-5 mile trade rings, a strong daytime population, consistent neighborhood traffic, and direct access from University Blvd W. The location offers visibility, convenient parking, and synergistic co-tenancy, supporting operators that monetize recurring appointments, memberships, after-school programs, evening/weekend classes, and insurance-based outpatient services. Neighboring uses include food, medical, fitness, and daily-needs retail, collectively supporting high visit frequency and strong trip-chaining behavior. The existing lease term provides rate stability. This space is suitable for operators focused on memberships, recurring appointments, multi-daypart scheduling, and parent drop-off convenience. It is ideal for class-based youth concepts, tutoring/STEM labs, performance/arts academies, PT/OT/speech therapy, boutique fitness, wellness, and appointment-driven personal services. The property benefits from direct access and visibility on University Blvd W with steady daily traffic counts and a Publix-shadow neighborhood setting with strong co-tenancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amy Annelle McCoy, ... Family Practice Physician Brandon All-Stars Jacksonville Sports Club Pinch A Penny Pool ... Swimming Pool Supply Store First Coast Divers Travel Agency Max’s Oriental Mart Asian Grocery Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.630811
    Latitude
    30.261421

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    FAQs

    What type of property is this?
    Retail space - 1,600 SF sublease opportunity in Publix-shadowed neighborhood center.
    Where is this retail space located?
    The property is located at 2777 W University Blvd Jacksonville, FL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Class-ready 1,600 SF studio space ideal for youth instruction, fitness, therapy, or personal services, minimizing initial investment.; - Located in a Publix-shadowed neighborhood center with strong co-tenancy, high visibility, and convenient parking.; - Benefits from a family-oriented trade area with strong daytime population and consistent neighborhood traffic.
    (904) 903-8755
    Request Owner's contact information
    2777 W University Blvd Jacksonville, FL 32216
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    Jacksonville, FL 32216
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2777 W University Blvd Jacksonville, FL 32216
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    We can help!
    Listing Contact
    Melesia Ziller
    Melesia Ziller
    Real Estate License ID: 3460531
    (904) 903-8755
    Learn more
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