Office Suites for
For Sale
$895,000
13241 Bartram Park Blvd Suite 1401/1405, Jacksonville, FL 32258
For-sale office suites offered as Suite 1401/1405, suited for businesses needing flexible, suite-level space.
Property Size2,280 SF
Days on Market49
Property Features for 13241 Bartram Park Blvd Suite 1401/1405
General Information
Standard status
Active
Size
2,280 SF
Class
A
Property subtype
Office
Building Details
Building Size
2,280 SF
Year Built
2006
Listing Agency:
Prime Realty
(904) 534-1523
Listed By:
Brent Dennis · License #3382471
(904) 534-1523
Source:
Primerealtyinc
Added: Jun 25
Changed: Aug 11
Last Checked: Aug 12 at 5:05AM
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 Prime Realty
Investment Insights
Based on property information with market context.
This offering presents for-sale office suites identified as Suite 1401/1405. The space is configured as multiple office units within a commercial building, providing suite-level options for an owner-occupant or an investment-minded buyer looking to acquire dedicated office space.
Located at 13241 Bartram Park Blvd in Jacksonville, Florida (32258), the property benefits from a commercial frontage setting along a major corridor. The suite identification supports straightforward tenant or operational planning, with the space marketed as distinct units rather than a single large floor plate.
For tenants or buyers, the practical appeal is the suite-level layout, which can be well-suited to professional services, back-office operations, or organizations that prefer operating from their own dedicated offices. As a for-sale opportunity, it can also be appropriate for parties seeking to consolidate operations within their own controlled space rather than leasing across multiple parties. Interested stakeholders should confirm the specific interior configuration and any building services details during due diligence.
Located at 13241 Bartram Park Blvd in Jacksonville, Florida (32258), the property benefits from a commercial frontage setting along a major corridor. The suite identification supports straightforward tenant or operational planning, with the space marketed as distinct units rather than a single large floor plate.
For tenants or buyers, the practical appeal is the suite-level layout, which can be well-suited to professional services, back-office operations, or organizations that prefer operating from their own dedicated offices. As a for-sale opportunity, it can also be appropriate for parties seeking to consolidate operations within their own controlled space rather than leasing across multiple parties. Interested stakeholders should confirm the specific interior configuration and any building services details during due diligence.
Key Highlights
- Year built: 2006
- Office suites offered as Suite 1401/1405 for suite‑level, flexible use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,791
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.6K
$546.5K – $728.7K
NOI $43,721 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 32258, FL
37,859
Population
16,257
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,127
Density / Sq Mi
$99,764
Median Household Income
$55,736
Median Earnings
$1,849
Median Rent
$347,500
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - For-sale office suites offered as Suite 1401/1405, suited for businesses needing flexible, suite-level space.
Where is this office units located?
The property is located at 13241 Bartram Park Blvd Suite 1401/1405 Jacksonville, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Year built: 2006; Office suites offered as Suite 1401/1405 for suite‑level, flexible use
