Connected Office Condominium
12443 SAN JOSE BLVD, Jacksonville, FL 32223
For Sale
Contact for pricing
A multi-room office layout combines two adjoining suites with shared conference space and separate entrances.
Property Size2,280 SF
Price / SF$278.51
Days on Market17
Property Features for 12443 SAN JOSE BLVD
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Amenities
conference room
ADA restrooms
Listing Agency:
Blue Key Properties
Listed By:
Carmen Mantay · License FL SL3147796
(904) 553-5238
Source:
Crexi
Added: Oct 27
Changed: Nov 9
Last Checked: Nov 10 at 9:06AM
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 Blue Key Properties
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Investment Insights
Based on property information with market context.
This 2,280-square-foot office condominium comprises two adjoining units, 603 and 604, joined through a conference room accessible from both sides. The layout contains nine rooms, including the large conference area, along with two ADA restrooms and two entrances. Updates have been made throughout the property.
The office is located in San Jose Business Park in Jacksonville, Florida.
The office is located in San Jose Business Park in Jacksonville, Florida.
Key Highlights
- 2,280‑square‑foot office condominium
- Two adjacent units, 603 and 604, connected through a conference room
- Nine rooms, including a conference room with access from both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,791
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,820
$655.8K
Cap Rate 7%
$468,443
$468.4K
Cap Rate 9%
$364,344
$364.3K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$54.7K $24.00/SF
− Vacancy
−$11.0K −$4.82/SF
EGI
$43.7K $19.18/SF
− OpEx
−$10.9K −$4.79/SF
NOI
$32.8K $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%
$655,820
Cap Rate 7%
$468,443
Cap Rate 9%
$364,344
Alternative Uses
Best Use
Office B
$468.4K
$409.9K – $546.5K
NOI $32,791 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.6K
$546.5K – $728.7K
NOI $43,721 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
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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
$377,500
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Jacksonville, FL
Properties on Market for Office Units in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - A multi-room office layout combines two adjoining suites with shared conference space and separate entrances.
Where is this office unit located?
The property is located at 12443 SAN JOSE BLVD Jacksonville, FL.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: 2,280‑square‑foot office condominium; Two adjacent units, 603 and 604, connected through a conference room; Nine rooms, including a conference room with access from both units
