Historic Office Building with
1334 WALNUT Street Jacksonville, FL 32206
1334 WALNUT Street, Jacksonville, FL, 32206
Contact for pricing
For Sale
Contact for pricing
1928 office building with two professional suites, including ADA-compliant restrooms and a shared rear patio.
Property Size3,500 SF
Price / SF$176.86
Days on Market73
Property Features for 1334 WALNUT Street
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- Office, Retail, Mixed Use, Special Purpose
Building Details
- Year Built
- 1928
Listing agency
BELLE EPOQUE REALTY SERVICES LLC
(904) 382-7695
Listed by
Thomas Love · License #3118560
Source
Crexi
Added: May 11 Updated: Jul 22 at 7:39AM Checked: Jul 22 at 7:39AM
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 BELLE EPOQUE REALTY SERVICES LLC
Investment Insights
Based on property information with market context.
Built in 1928, this historic office building offers approximately 3,500 SF across two professional suites. One suite is currently tenant-occupied on a month-to-month basis, while the second suite is available and includes soaring ceilings, a reception area, multiple private offices, a dedicated conference room, a kitchenette, and two ADA-compliant restrooms.
The building includes a shared rear patio and is located on a quiet, tree-lined street just off Main Street in Jacksonville’s Springfield district, within walkable distance of Downtown Jacksonville’s central business district.
The space is configured to support traditional office use, with separate suite areas that allow an owner to occupy one suite while retaining rental income from the other.
The building includes a shared rear patio and is located on a quiet, tree-lined street just off Main Street in Jacksonville’s Springfield district, within walkable distance of Downtown Jacksonville’s central business district.
The space is configured to support traditional office use, with separate suite areas that allow an owner to occupy one suite while retaining rental income from the other.
Key Highlights
- 1928 office building in Jacksonville’s historic Springfield district with two professional suites totaling approx. 3,500 SF
- One suite totals approx. 2,333 SF and includes reception area, multiple private offices, conference room, kitchenette, and 2 ADA‑compliant restrooms
- Second suite totals approx. 1,167 SF and is rented to a sitting tenant on a month‑to‑month basis
Local 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 | $84.0k | $24.00 |
| − Vacancy | −$16.9k | −$4.82 |
| EGI | $67.1k | $19.18 |
| − OpEx | −$16.8k | −$4.79 |
| NOI | $50.3k | $14.38 |
3,500 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$719.1K
$629.2K – $839.0K
NOI $50,337 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$958.8K
$839.0K – $1.12M
NOI $67,116 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bold City Yoga
Gym & Fitness Center
Acro Fit
Gym & Fitness Center
TerraWise Homes
Construction Company
Terrawise Homes- Corporate
Construction Company
Travelers
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 1928 office building with two professional suites, including ADA-compliant restrooms and a shared rear patio.
Where is this office units located?
The property is located at 1334 WALNUT Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: 1928 office building in Jacksonville’s historic Springfield district with two professional suites totaling approx. 3,500 SF; One suite totals approx. 2,333 SF and includes reception area, multiple private offices, conference room, kitchenette, and 2 ADA‑compliant restrooms; Second suite totals approx. 1,167 SF and is rented to a sitting tenant on a month‑to‑month basis
