Versatile Flex Space
For Sale
Contact for pricing
1044 Cassat Ave, Jacksonville, FL
Adaptable space suitable for retail, office, or flex use.
Property Size3,034 SF
Lot Size0.28 Acres
Price / SF$354.32
Days on Market464
Property Features for 1044 Cassat Ave
General Information
Standard status
Active
Size
3,034 SF
Lot size
0.28 Acres
Property subtype
OFFICE
Listing Agency:
SVR Commercial
(202) 905-8578
Listed By:
Vasha Carter
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVR Commercial
Investment Insights
Based on property information with market context.
This 3,034 square foot property is designed with flexibility in mind, making it suitable for retail, office, or flex use. The property benefits from high visibility, enhancing business exposure. Its central location provides convenient access for businesses, complemented by easy accessibility from major highways. The property is located at 1044 Cassat Ave, Jacksonville, FL.
Key Highlights
- Flex Design suitable for retail, office, or flex use.
- High visibility for business exposure.**
- Easy accessibility from major highways.
Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.8k | $24.00 |
| − Vacancy | −$14.6k | −$4.82 |
| EGI | $58.2k | $19.18 |
| − OpEx | −$14.5k | −$4.79 |
| NOI | $43.6k | $14.38 |
3,034 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$623.4K
$545.4K – $727.3K
NOI $43,635 @ 7.0% cap · market cap 4.06%
Second Best
Retail
$489.9K
$428.6K – $571.5K
NOI $34,291 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$831.1K
$727.3K – $969.7K
NOI $58,180 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Adaptable space suitable for retail, office, or flex use.
Where is this office units located?
The property is located at 1044 Cassat Ave Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Flex Design suitable for retail, office, or flex use.; High visibility for business exposure.**; Easy accessibility from major highways.
