Jacksonville Office Building For
For Sale
$1,885,000
13121 Atlantic Blvd, Jacksonville, FL 32225
6,768 SF office building on 0.6 acres in Jacksonville.
Property Size6,768 SF
Lot Size0.60 Acres
Price / SF$278.52
Days on Market217
Property Features for 13121 Atlantic Blvd
General Information
Standard status
Active
Size
6,768 SF
Lot size
0.60 Acres
Property subtype
Office
Site & Location
Neighborhood
East Arlington
Amenities
Located In the Only Professional Office Park in The Area
Heavy Commercial and Residential Use Nearby
Atlantic Blvd Fronts the Property, 54,000 Vehicles Per Day
Below Market Rents With Lease Flexibility
4.0% Vacancy Rate for Office Space Between 500-10,000SF in the Surrounding Area
Building Details
Building Size
6,768 SF
Year Built
2002
Listing Agency:
Jacksonville Office
Listed By:
Edwinn Bruchman · License #License(s): FL: SL3486353
(904) 672-1402
Source:
Marcusmillichap
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 28 at 5:51AM
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 Jacksonville Office
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Investment Insights
Based on property information with market context.
The subject property, located at 13121 Atlantic Blvd. Jacksonville, FL 32225, is situated on 0.6 acres and contains 6,798 square feet. The structure is occupied by two tenants in four suites. Proactive Life Skills is in year two of their seven-year lease and occupies neighboring space in the office park. Pacifica Care has been in their space since 2011. This property is in the only exclusive professional office park in the area, with heavy commercial and residential use nearby.
Key Highlights
- Located in the only exclusive professional office park in the area.
- Property is 6,798 square feet on 0.6 acres.
- Two tenants already in place, providing immediate income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,883
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,857,660
$1.9M
Cap Rate 7%
$1,326,900
$1.3M
Cap Rate 9%
$1,032,033
$1.0M
Market Conditions
NOI Build-Up for 6,768 SF
Gross rent
$159.2K $23.52/SF
− Vacancy
−$35.3K −$5.22/SF
EGI
$123.8K $18.30/SF
− OpEx
−$31.0K −$4.57/SF
NOI
$92.9K $13.72/SF
Area
ZIP 32225
Vacancy
22.20%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,857,660
Cap Rate 7%
$1,326,900
Cap Rate 9%
$1,032,033
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $92,883 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,196 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 32225, FL
57,441
Population
23,289
Households
2.5
Avg Household Size
39
Median Age
42%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
2,184
Density / Sq Mi
$87,715
Median Household Income
$46,778
Median Earnings
$1,673
Median Rent
$324,300
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
Frequently Asked Questions
What type of property is this?
Office building - 6,768 SF office building on 0.6 acres in Jacksonville.
Where is this office building located?
The property is located at 13121 Atlantic Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,885,000.
What are key features of this property?
This property features: Located in the only exclusive professional office park in the area.; Property is 6,798 square feet on 0.6 acres.; Two tenants already in place, providing immediate income.
