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    Private Office Suites in Blackstone Building Title is generated by Realmo AI

    1101o-233 E Bay St, Jacksonville, FL 32202

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    For Lease
    $550 /Mo

    Full-service private office suites with parking and Wi‑Fi included, plus maintained restrooms and in-suite garbage collection.

    Added:
    Mar 19, 2026
    Days on Market:
    81
    Last Refresh:
    Jun 7 at 1:48 am

    Property Features for 1101o-233 E Bay St

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Eric Maimo

    Listing agent Eric Maimo License #3254822

    Listing office Coldwell Banker Commercial Premier Properties

    Listing date Mar 19, 2026

    Source Exprealty

    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 Coldwell Banker Commercial Premier Properties

    HighLights

    • Full‑service private office suites in the Blackstone Building with parking and Wi‑Fi included
    • Suite pricing and sizes: A 200 SF $1,200/mo, B 315 SF $1,500/mo, C 213 SF $1,000/mo, D 206 SF $1,000/mo
    • Additional suites: E 216 SF $1,000/mo and F 195 SF $1,000/mo (full service)
    • In‑suite garbage collection and fully maintained restrooms
    • Unit 1101 includes parking and Wi‑Fi for individual offices
    • Available immediately

    Overview

    Available for lease within the Blackstone Building, these private office suites offer self-contained workspaces ranging from approximately 195 to 315 square feet. Suites are offered on a full-service basis, and the building includes in-suite garbage collection and fully maintained restrooms. Parking and Wi‑Fi are included for the individual office in Unit 1101, with availability immediately.

    The space is presented as part of the Blackstone Building in the heart of Downtown Jacksonville, positioning the offices for professional day-to-day operations. The offering is structured to support a range of office users seeking an efficient, turnkey setup rather than building out a dedicated workspace.

    These suites are well suited for small teams, independent professionals, and other office-based tenants that value convenience and ongoing building services. With full-service pricing and key amenities handled, tenants can focus on staffing, client meetings, and daily workflow while relying on maintained restroom service and in-suite garbage collection for day-to-day operations.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6719234
    Latitude
    30.3289685

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    FAQs

    What type of property is this?
    Office units - Full-service private office suites with parking and Wi‑Fi included, plus maintained restrooms and in-suite garbage collection.
    Where is this office units located?
    The property is located at 1101o-233 E Bay St Jacksonville, FL.
    What is the lease rate?
    The lease rate is $550 /Mo.
    What are key features of this property?
    This property features: Full‑service private office suites in the Blackstone Building with parking and Wi‑Fi included; Suite pricing and sizes: A 200 SF $1,200/mo, B 315 SF $1,500/mo, C 213 SF $1,000/mo, D 206 SF $1,000/mo; Additional suites: E 216 SF $1,000/mo and F 195 SF $1,000/mo (full service)
    (904) 537-6443
    We can help!
    Listing Contact
    Eric Maimo
    Real Estate License ID: 3254822
    Learn More
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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.

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