Two-Unit Office Condo
11555 Central Pkwy Jacksonville, FL 32224
For Sale
Contact for pricing
Well-maintained office condo units with recent roof updates and multiple private offices for professional use.
Property Size2,310 SF
Price / SF$270.56
Days on Market53
Property Features for 11555 Central Pkwy
General Information
- Standard status
- Active
- Size
- 2,310 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing Agency:
Harrison Commercial Properties
Listed By:
Fernanda Biselli · License #FL
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 22 at 6:25AM
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 Harrison Commercial Properties
Investment Insights
Based on property information with market context.
This property consists of two functional office units configured as office condo spaces. The buildings have been well maintained, and recent updates include a roof renovation. Unit 603 includes three individual offices, a conference room, and an additional office layout designed for team-based work. Unit 604 offers a lobby or reception area, additional workspace, a large executive office, and further associate-level office space. Both units are set up to support professional services and day-to-day office operations.
The property is located in the Southeast Jacksonville market, across from the University of North Florida campus. It is positioned within the offices at East Park, which provides context for an established professional setting in the St. Johns area.
For buyers seeking turnkey office space, the two-unit layout can support an owner-occupant strategy or provide flexibility for separate tenants within the same property. The mix of private offices, conference space in Unit 603, and reception-oriented entry in Unit 604 can accommodate a range of office users that require structured workspace and client-ready presentation. Recent roof renovations further support ongoing maintenance considerations for an office condo ownership.
The property is located in the Southeast Jacksonville market, across from the University of North Florida campus. It is positioned within the offices at East Park, which provides context for an established professional setting in the St. Johns area.
For buyers seeking turnkey office space, the two-unit layout can support an owner-occupant strategy or provide flexibility for separate tenants within the same property. The mix of private offices, conference space in Unit 603, and reception-oriented entry in Unit 604 can accommodate a range of office users that require structured workspace and client-ready presentation. Recent roof renovations further support ongoing maintenance considerations for an office condo ownership.
Key Highlights
- Two office condo units in Southeast Jacksonville, built in 2004
- Unit 603 layout includes 3 individual offices plus a conference room
- Unit 603 includes 1 ADA restroom and a breakroom
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 | $55.4k | $24.00 |
| − Vacancy | −$11.1k | −$4.82 |
| EGI | $44.3k | $19.18 |
| − OpEx | −$11.1k | −$4.79 |
| NOI | $33.2k | $14.38 |
2,310 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$474.6K
$415.3K – $553.7K
NOI $33,222 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$632.8K
$553.7K – $738.3K
NOI $44,297 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tracy Riley Counseling
Marriage Or Relationship Counselor
Tom Paterson Insurance: ...
Insurance Agency
Darryl Wakefield - State ...
Insurance Agency
The Pincomb Group
Consultant
First Coast Association ...
Property Management Company
FAQs
What type of property is this?
Office units - Well-maintained office condo units with recent roof updates and multiple private offices for professional use.
Where is this office units located?
The property is located at 11555 Central Pkwy Jacksonville, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two office condo units in Southeast Jacksonville, built in 2004; Unit 603 layout includes 3 individual offices plus a conference room; Unit 603 includes 1 ADA restroom and a breakroom
