Renovated Office
For Sale
$862,654
Pending
6126 ATLANTIC Boulevard, Jacksonville, FL 32211
Commercial Sale, Jacksonville, FL
Property Size2,965 SF
Lot Size0.67 Acres
Days on Market165
Property Features for 6126 ATLANTIC Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bathroom 3, Bathroom 4
Parking features
Parking Lot
Fencing
Fenced
Lot features
Cleared, Few Trees
Directions
Off the corner of University and Atlantic Blvd. South side of the road when headed East at 6126 Atlantic Blvd.
Subdivision
022-Grove Park/Sans Souci
Standard status
Pending
APN
1341160000
Size
2,965 SF
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7857
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Heat Pump, Zoned, Multi Units
Water source
Public
Building Details
Year built
1947
Floors in Building
3
Number of units
2
Flooring type
Wood, Vinyl
Listing Agency:
REALTY ONE GROUP ELEVATE
(904) 439-9842
Listed By:
TANYA COSMINI · License #3415561
(904) 439-9842
Added: Mar 22
Changed: Aug 19
Last Checked: Sep 2 at 12:06AM
MLS# 2136143
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,965-square-foot office building occupies a 0.67-acre fenced lot in Jacksonville. The renovated interior includes a lobby, two expansive work areas, a separate 600-square-foot office, and four bathrooms. Wood and vinyl flooring are installed throughout, with central heating and cooling supported by zoned and multi-unit systems.
The property has road frontage along Atlantic Boulevard and an on-site parking lot. Public water and septic service are in place, with cable available. Built in 1947, the building is zoned CRO and offers a functional commercial layout with distinct areas for administrative, operational, and client-facing activities.
The property has road frontage along Atlantic Boulevard and an on-site parking lot. Public water and septic service are in place, with cable available. Built in 1947, the building is zoned CRO and offers a functional commercial layout with distinct areas for administrative, operational, and client-facing activities.
Key Highlights
- 2,965‑square‑foot office building on a 0.67‑acre fenced lot
- CRO zoning supports the property’s commercial office classification
- Two expansive work areas plus a separate 600‑square‑foot office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,643
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$852,860
$852.9K
Cap Rate 7%
$609,186
$609.2K
Cap Rate 9%
$473,811
$473.8K
Market Conditions
NOI Build-Up for 2,965 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.2K $24.00/SF
− Vacancy
−$14.3K −$4.82/SF
EGI
$56.9K $19.18/SF
− OpEx
−$14.2K −$4.79/SF
NOI
$42.6K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$852,860
Cap Rate 7%
$609,186
Cap Rate 9%
$473,811
Alternative Uses
Best Use
Office B
$609.2K
$533.0K – $710.7K
NOI $42,643 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$812.2K
$710.7K – $947.6K
NOI $56,857 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - CRO-zoned property with a lobby, multiple work areas, and on-site restrooms for commercial operations.
Where is this office building located?
The property is located at 6126 ATLANTIC Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $862,654.
What are key features of this property?
This property features: 2,965‑square‑foot office building on a 0.67‑acre fenced lot; CRO zoning supports the property’s commercial office classification; Two expansive work areas plus a separate 600‑square‑foot office
