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Five-Unit Office Building
New
For Sale
$1,350,000

12627 SAN JOSE Boulevard, Jacksonville, FL 32223

The five office units are offered together as one property, not as separate acquisitions.

Property Size5,700 SF
Price / SF$236.84
Days on Market4

Property Features for 12627 SAN JOSE Boulevard

General Information

Standard status Active
Size 5,700 SF
Property subtype Office

Site & Location

Neighborhood East Mandarin
Highway Access Yes
Public Transit No

Additional Details

Office Units 5
Property Use Office

Building Details

Year Built 2003
Buildings 1
Listing Agency: LOKATION
Listed By: MARIA ESTELA HENRIQUE FARIA · License #3468138
Source: Endlesssummerrealty
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 1 at 3:09AM

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 LOKATION

Rey
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Investment Insights

Based on property information with market context.

This office building contains five units totaling 5,644 square feet. Constructed in 2003, the property is located at 12627 San Jose Boulevard in Jacksonville’s Mandarin area, within Julington Creek Business Park.

The site is near the St. Johns County line, with access to I-295 and nearby residential communities, shops, and restaurants. Parking is available on site.

Key Highlights

  • 5,644‑square‑foot office building with five units, conveyed together
  • Built in 2003
  • Located in Julington Creek Business Park on San Jose Boulevard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,977
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,639,540 $1.6M
Cap Rate 7%
$1,171,100 $1.2M
Cap Rate 9%
$910,856 $910.9K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$136.8K $24.00/SF
− Vacancy
−$27.5K −$4.82/SF
EGI
$109.3K $19.18/SF
− OpEx
−$27.3K −$4.79/SF
NOI
$82.0K $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%
$1,639,540
Cap Rate 7%
$1,171,100
Cap Rate 9%
$910,856

Alternative Uses

Best Use
Office B
$1.17M
$1.02M – $1.37M (±1% cap)
NOI $81,977 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,303 @ 7.0% cap · market cap 8.10%
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

North East Florida ... Construction Company SBS Promotional Solutions Marketing & Advertising Quick Catch Garden Center Gavin J. McCutcheon, ... Alternative Medicine Practice Bold City Insurance Insurance Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

667
Businesses Nearby

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
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

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - The five office units are offered together as one property, not as separate acquisitions.
Where is this office building located?
The property is located at 12627 SAN JOSE Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,644‑square‑foot office building with five units, conveyed together; Built in 2003; Located in Julington Creek Business Park on San Jose Boulevard
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