Office Condo with 11
For Sale
$759,000
12276 San Jose Boulevard Unit 301, Jacksonville, FL 32223
Two-level office condominium with ADA restrooms, a full kitchen, and a dedicated conference or storage area.
Property Size3,200 SF
Price / SF$237.19
Days on Market71
Property Features for 12276 San Jose Boulevard Unit 301
General Information
Standard status
Active
Size
3,200 SF
Additional Details
Office Units
1
Amenities
ADA Restrooms
full kitchen
2nd level conference or storage
Building Details
Year Built
2002
Listing Agency:
WATSON REALTY CORP
Listed By:
PATTI MOHR, JOHN MOHR
Source:
Onewinningteam
Added: Aug 6
Changed: Oct 10
Last Checked: Oct 7 at 1:35PM
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 WATSON REALTY CORP
Investment Insights
Based on property information with market context.
This 3,200-square-foot office condominium provides a substantial professional layout within a two-level configuration. The interior includes 11 offices, a defined entry area, ADA-compliant restrooms, and a full kitchen. The upper level is arranged for conference or storage use, adding flexibility to the floor plan.
Built in 2002, the property is located at 12276 San Jose Boulevard, Unit 301, in Jacksonville, Florida. Its existing office configuration can accommodate a range of professional business operations, subject to applicable requirements and approvals.
Built in 2002, the property is located at 12276 San Jose Boulevard, Unit 301, in Jacksonville, Florida. Its existing office configuration can accommodate a range of professional business operations, subject to applicable requirements and approvals.
Key Highlights
- 3,200 SF office condominium
- 11 offices within the interior layout
- Two‑level configuration with conference or storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,840
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,800
$1.0M
Cap Rate 7%
$740,571
$740.6K
Cap Rate 9%
$576,000
$576.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$96.0K $30.00/SF
− Vacancy
−$9.6K −$3.00/SF
EGI
$86.4K $27.00/SF
− OpEx
−$34.6K −$10.80/SF
NOI
$51.8K $16.20/SF
Area
Jacksonville, FL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,800
Cap Rate 7%
$740,571
Cap Rate 9%
$576,000
Alternative Uses
Best Use
Healthcare Medical
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 6.83%
Second Best
Office B
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$876.6K
$767.0K – $1.02M
NOI $61,363 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 32223, FL
25,600
Population
10,639
Households
2.4
Avg Household Size
47
Median Age
40%
College-Educated
95%
High-School Grad
11.5 sq mi
ZIP Area
2,226
Density / Sq Mi
$91,599
Median Household Income
$50,736
Median Earnings
$1,500
Median Rent
$377,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
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Frequently Asked Questions
What type of property is this?
Office units - Two-level office condominium with ADA restrooms, a full kitchen, and a dedicated conference or storage area.
Where is this office units located?
The property is located at 12276 San Jose Boulevard Unit 301 Jacksonville, FL.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 3,200 SF office condominium; 11 offices within the interior layout; Two‑level configuration with conference or storage area
