Mixed-Use Property in San
1834 ARCADIA Place Jacksonville, FL 32207
For Sale
$378,800
Mixed-use property with income-producing duplex in growing San Marco area.
Property Size1,890 SF
Price / SF$200.42
Days on Market985
Property Features for 1834 ARCADIA Place
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1939
Listing Agency:
FUTURE REALTY GROUP, LLC.
(407) 927-8417
Listed By:
ANTHONY SIFAKIS · License #3227060
(407) 927-8417
Source:
Exitrealty
Added: Nov 16, 2023
Changed: Jul 6
Last Checked: Jul 27 at 4:06AM
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 FUTURE REALTY GROUP, LLC.
Investment Insights
Based on property information with market context.
This mixed-use property is zoned CRO and features a home with an income-producing duplex located in the backyard. Situated in the rapidly growing San Marco area, the property offers potential for various business uses. The home includes replaced windows and CPVC plumbing. The roofs were replaced in 2012. The property has a size of 1890 square feet and requires some cosmetic repairs. The duplex has one occupied unit.
Key Highlights
- Zoned CRO, allowing for commercial or residential use.
- Includes an income‑producing duplex.
- Located in the rapidly growing San Marco area.
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 | $45.4k | $24.00 |
| − Vacancy | −$9.1k | −$4.82 |
| EGI | $36.2k | $19.18 |
| − OpEx | −$9.1k | −$4.79 |
| NOI | $27.2k | $14.38 |
1,890 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$388.3K
$339.8K – $453.0K
NOI $27,182 @ 7.0% cap · market cap 7.18%
Second Best
Mixed Use
$356.4K
$311.9K – $415.8K
NOI $24,948 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$517.8K
$453.0K – $604.1K
NOI $36,243 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with income-producing duplex in growing San Marco area.
Where is this mixed-use property located?
The property is located at 1834 ARCADIA Place Jacksonville, FL.
What is the asking price?
The asking price for this property is $378,800.
What are key features of this property?
This property features: Zoned CRO, allowing for commercial or residential use.; Includes an income‑producing duplex.; Located in the rapidly growing San Marco area.
