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Air-Conditioned Flex Space
For Sale
$495,000

403-3653 Regent Blvd, Jacksonville, FL 32224

Office/showroom space and a bay door provide a practical setup for business operations or storage.

Property Size2,400 SF
Price / SF$206.25
Days on Market939

Property Features for 403-3653 Regent Blvd

General Information

Standard status Active
Size 2,400 SF

Warehouse & Industrial

Clear Height 29 ft
Office Build-Out 578 SF
Conditioned Warehouse Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $4,211
Listing Agency: ANNALYECE REALTY LLC
Listed By: ED MANSON
Source: Exprealty
Added: Mar 22, 2024 Changed: Oct 6 Last Checked: Oct 15 at 3:23AM

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 ANNALYECE REALTY LLC

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Investment Insights

Based on property information with market context.

This flex-space property at Eastpark Business Center combines a 2,400-square-foot air-conditioned workspace with approximately 578 square feet configured for office or showroom use. The suite includes HVAC, one bay door, and ceiling clearance reaching up to 29 feet, creating a functional blend of finished workspace and warehouse capacity.

Located at 403-3653 Regent Blvd in Jacksonville, the property provides access to I-295 and I-95, with beaches also identified as part of the surrounding access profile. The combination of office improvements, loading access, and substantial ceiling height supports a range of business and storage functions within one commercial unit.

Key Highlights

  • 2,400 square feet of air‑conditioned flex space
  • Approximately 578 SF of office/showroom area
  • Ceiling height reaches up to 29'

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,517
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,340 $690.3K
Cap Rate 7%
$493,100 $493.1K
Cap Rate 9%
$383,522 $383.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.6K $24.00/SF
− Vacancy
−$11.6K −$4.82/SF
EGI
$46.0K $19.18/SF
− OpEx
−$11.5K −$4.79/SF
NOI
$34.5K $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%
$690,340
Cap Rate 7%
$493,100
Cap Rate 9%
$383,522

Alternative Uses

Best Use
Office B
$493.1K
$431.5K – $575.3K (±1% cap)
NOI $34,517 @ 7.0% cap · market cap 6.97%
Second Best
Flex RnD
$373.1K
$326.4K – $435.2K (±1% cap)
NOI $26,114 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$657.5K
$575.3K – $767.0K (±1% cap)
NOI $46,022 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Auto Repair Shop Electrical Service

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

29 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

615
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32224, FL

42,395
Population
17,221
Households
2.5
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
20.9 sq mi
ZIP Area
2,028
Density / Sq Mi
$80,774
Median Household Income
$48,043
Median Earnings
$1,690
Median Rent
$425,500
Median Home Value

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?
Flex space - Office/showroom space and a bay door provide a practical setup for business operations or storage.
Where is this flex space located?
The property is located at 403-3653 Regent Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,400 square feet of air‑conditioned flex space; Approximately 578 SF of office/showroom area; Ceiling height reaches up to 29'
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