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    Professional Office Space on Blanding Title is generated by Realmo AI

    3811 Blanding Blvd, Jacksonville, FL 32210

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    For Sale
    $650,000

    3620 SF office space, investment or owner-occupy opportunity.

    Property size:
    3,620 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $179/SF
    Added:
    Jan 17, 2025
    Days on Market:
    519
    Last Refresh:
    Jan 20 at 10:12 am

    Property Features for 3811 Blanding Blvd

    General Information

    Standard status
    Active
    Size
    3,620 SF
    Lot size
    0.25 Acres

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    Listing Contact
    CYNTHIA MCLAIN

    Listing agent CYNTHIA MCLAIN

    Listing office KAHLE COMMERCIAL GROUP, INC

    Listing date Jan 17, 2025

    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 KAHLE COMMERCIAL GROUP, INC

    HighLights

    • Excellent frontage on Blanding Blvd near Cedar River
    • Great Investment property or Owner Occupy opportunity with a 7.85% CAP
    • New Roof 2024
    • 3620sf Professional Office Space
    • Ample storage in office
    • 12‑15 parking spaces

    Overview

    This 3620 square-foot professional office space is currently occupied by two tenants. As of July 2024, both tenants will be on month-to-month leases. The property offers an opportunity for investment or partial owner occupancy with the ability to lease the remaining space. It features prominent frontage on Blanding Boulevard, situated near the Cedar River. The property includes ample storage within the office space and provides 12 to 15 parking spaces. A new roof was installed in 2024, and the exterior has been freshly painted. The property has a 7.85% CAP.

    Local 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 $86.9k $24.00
    − Vacancy −$19.3k −$5.33
    EGI $67.6k $18.67
    − OpEx −$16.9k −$4.67
    NOI $50.7k $14.00
    3,620 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $724.2K
    $633.7K – $844.9K (±1% cap)
    NOI $50,694 @ 7.0% cap · market cap 7.80%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $991.7K
    $867.7K – $1.16M (±1% cap)
    NOI $69,417 @ 7.0% cap · market cap 10.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    STEGY GROUP LLC Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7369
    Latitude
    30.2678

    FAQs

    What type of property is this?
    Office units - 3620 SF office space, investment or owner-occupy opportunity.
    Where is this office units located?
    The property is located at 3811 Blanding Blvd Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Excellent frontage on Blanding Blvd near Cedar River; Great Investment property or Owner Occupy opportunity with a 7.85% CAP; New Roof 2024
    More about this property
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