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 Market555
Property Features for 1044 Cassat Ave
General Information
Standard status
Active
Size
3,034 SF
Lot size
0.28 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
Hillcrest
Properties For Sale
at 1044 Cassat Ave
1044 Cassat Ave
AVAILABLE, Now
Floor
1
Size
3,034 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Sublease
No
- Flex Design
- High visibility for business exposure
- Easy accessibility from major highways
- Ideal for retail, office, or flex use
- Convenient central location for businesses
- Competitive Rates
Contact us
Listing Agency:
SVR Commercial
(904) 454-3856
Listed By:
Vasha Carter
(202) 905-8578
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Aug 8
Last Checked: Oct 28 at 7:13AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$43,635
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,700
$872.7K
Cap Rate 7%
$623,357
$623.4K
Cap Rate 9%
$484,833
$484.8K
Market Conditions
NOI Build-Up for 3,034 SF
Gross rent
$72.8K $24.00/SF
− Vacancy
−$14.6K −$4.82/SF
EGI
$58.2K $19.18/SF
− OpEx
−$14.5K −$4.79/SF
NOI
$43.6K $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 Rate 5%
$872,700
Cap Rate 7%
$623,357
Cap Rate 9%
$484,833
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - Adaptable space suitable for retail, office, or flex use.
Where is this office unit 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.
