Riverside Office Space For
711 MARGARET Street, Jacksonville, FL 32204
COMMERCIAL - Jacksonville, FL
Property size:
4,490 SFLot size:
0.23 AcresPrice / SF:
$199/SF- Added:
- May 11, 2026
- Days on Market:
- 8
- Last Refresh:
- May 18 at 6:06 am
Property Features for 711 MARGARET Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 0904740000
- Size
- 4,490 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4483
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Heat Pump, Central Air, Multi Units, Electric
- Water source
- Public
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate, Tile
- Building materials
- Block
- Roof type
- Membrane
Listing agent WANDA FRANKLIN License #391684 (904) 389-7311
Listing office SPECTRUM REALTY SERVICES 9803 OLD ST. AUGUSTINE ROAD SUITE 1, Jacksonville, FL (904) 389-7311
Listing date May 11, 2026
MLS# 2144740
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.
HighLights
- Convenient location near downtown, in Historic Riverside District, walking distance to Five Points Shopping, and close to Fuller Warren and I‑95 onramp.
- Ample parking with 8/1000 sf +/-.
- New Roof (3 +/- years) with 20‑Year Warranty.
- 4490 sq ft of office space with high ceilings.
- Two Conference Rooms, numerous perimeter offices, and a bullpen area.
- Full Kitchen Break Room and ADA compliant Bathrooms.
Overview
This commercial property offers 4490 square feet of office space. It is located in Jacksonville, Florida, in the Historic Riverside District, within walking distance of Five Points Shopping and approximately 1/4 mile from the onramp to Fuller Warren and I-95. The building features high ceilings and ample parking, with approximately 8 spaces per 1000 square feet. The layout includes two conference rooms, one of which is 'on the glass', numerous perimeter offices, and a bullpen area. A full kitchen break room is available. The property is ADA compliant and includes new vinyl plank flooring, as well as administrative and work rooms. The building is equipped with three HVAC units, one 7-ton and two 2-ton. A new roof was installed approximately 3 years ago and comes with a 20-year warranty. The lot size is 0.23 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$717.5K
NOI $64,575 @ 9.00% cap · cautious / downside scenario
Moderate
$922.5K
NOI $64,575 @ 7.00% cap · market / base-case scenario
Aggressive
$1.29M
NOI $64,575 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.8k | $24.00 |
| − Vacancy | −$21.7k | −$4.82 |
| EGI | $86.1k | $19.18 |
| − OpEx | −$21.5k | −$4.79 |
| NOI | $64.6k | $14.38 |
4,490 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$922.5K
$807.2K – $1.08M
NOI $64,575 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,100 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Heth Realty, Inc
Real Estate Agency
Quality Commercial Refrigeration
Electronics & Wireless Store
Wanda Franklin, Realtor ...
Real Estate Agency
Leonard's Lawnscape & Irrigation
General Contractor
Bonnie K Brady, ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.682822
- Latitude
- 30.319266
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - 4490 SF office space in Jacksonville's Historic Riverside District.
Where is this office units located?
The property is located at 711 MARGARET Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Convenient location near downtown, in Historic Riverside District, walking distance to Five Points Shopping, and close to Fuller Warren and I‑95 onramp.; Ample parking with 8/1000 sf +/-.; New Roof (3 +/- years) with 20‑Year Warranty.
