Renovated Office Building in Historic
1354 North Laura Street Jacksonville, FL 32206
1354 North Laura Street, Jacksonville, FL, 32206
$1,600,000
For Sale
$1,600,000
9,000 SF renovated office in Jacksonville's Historic District.
Property Size9,000 SF
Price / SF$177.78
Days on Market115
Property Features for 1354 North Laura Street
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Office
Listing Agency
CBRE | Jacksonville
(904) 630-6346
Listed by
Oliver Barakat · License #633995
(904) 630-6346
Source
Cbre
Added: Mar 25 Checked: Jul 17 at 4:17 am
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 CBRE | Jacksonville
Investment Insights
Based on property information with market context.
This Class 'A' office building, totaling approximately 9,000 square feet, is situated in the Historic District, within walking distance of Klutho Park and the Main Street Retail District. The property was fully renovated and reconstructed in 2005. Interior features include high ceilings and built-in shelving in offices. Parking is available in the rear, as well as on-street parking. The location provides convenient access to restaurants, Interstates, San Marco, Five Points, Riverside, and Arlington.
Key Highlights
- Seller financing with favorable terms is available.
- Located in desirable Historic District, walking distance to Klutho Park and Main Street Retail District.
- Fully renovated/reconstructed in 2005 (Class 'A' building).
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 | $216.0k | $24.00 |
| − Vacancy | −$43.4k | −$4.82 |
| EGI | $172.6k | $19.18 |
| − OpEx | −$43.1k | −$4.79 |
| NOI | $129.4k | $14.38 |
9,000 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.85M
$1.62M – $2.16M
NOI $129,438 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,584 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Total Business Planning ...
Financial Advisor
Urban Living Jacksonville
Property Management Company
Austin Law Firm
Law Firm
M&M Homes Realty ...
Real Estate Agency
Fuller Financial Services
Financial Advisor
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FAQs
What type of property is this?
Office building - 9,000 SF renovated office in Jacksonville's Historic District.
Where is this office building located?
The property is located at 1354 North Laura Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Seller financing with favorable terms is available.; Located in desirable Historic District, walking distance to Klutho Park and Main Street Retail District.; **Fully renovated/reconstructed in 2005 (Class 'A' building).**
