Office Unit with Unfinished
14011 Beach Blvd. Unit #240, Jacksonville, FL 32250
For Sale
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Open-plan office unit with reception, waiting area, two offices or exam rooms, and two restrooms.
Property Size2,562 SF
Price / SF$350
Days on Market120
Property Features for 14011 Beach Blvd. Unit #240
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Units
Tenancy
Owner Occupied
Abandoned
Listing Agency:
Strategic Sites, LLC
Listed By:
Kate Clifford · License FL BK634085
Source:
Crexi
Added: Jul 16
Changed: Nov 11
Last Checked: Nov 12 at 6:47AM
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 Strategic Sites, LLC
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Investment Insights
Based on property information with market context.
Morgar Professional Center includes this 2562-SF office unit with an open-plan interior. The existing arrangement provides a reception area, waiting area, two offices or exam rooms, and two restrooms. Approximately 1,000 SF is unfinished storage, creating a substantial area within the unit that has not been completed.
The property is located at 14011 Beach Blvd., Unit #240, Jacksonville, FL 32250, along Beach Blvd. between San Pablo Rd. and Hodges Blvd. Built in 2008, the unit is currently occupied by the seller and will be delivered vacant at closing. The suite’s existing layout and unfinished storage area are the primary physical components of the offering.
The property is located at 14011 Beach Blvd., Unit #240, Jacksonville, FL 32250, along Beach Blvd. between San Pablo Rd. and Hodges Blvd. Built in 2008, the unit is currently occupied by the seller and will be delivered vacant at closing. The suite’s existing layout and unfinished storage area are the primary physical components of the offering.
Key Highlights
- 2562 SF office unit in Morgar Professional Center
- Open‑plan layout with reception and waiting areas
- Two offices or exam rooms and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,847
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,940
$736.9K
Cap Rate 7%
$526,386
$526.4K
Cap Rate 9%
$409,411
$409.4K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$61.5K $24.00/SF
− Vacancy
−$12.4K −$4.82/SF
EGI
$49.1K $19.18/SF
− OpEx
−$12.3K −$4.79/SF
NOI
$36.8K $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 Rate 5%
$736,940
Cap Rate 7%
$526,386
Cap Rate 9%
$409,411
Alternative Uses
Best Use
Office B
$526.4K
$460.6K – $614.1K
NOI $36,847 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$701.8K
$614.1K – $818.8K
NOI $49,129 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Explore this area
Business Placement
Demographics for 32250, FL
30,080
Population
14,935
Households
2
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,342
Density / Sq Mi
$111,553
Median Household Income
$55,396
Median Earnings
$1,805
Median Rent
$526,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Jacksonville, FL
Properties on Market for Office Units in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - Open-plan office unit with reception, waiting area, two offices or exam rooms, and two restrooms.
Where is this office unit located?
The property is located at 14011 Beach Blvd. Unit #240 Jacksonville, FL.
What is the asking price?
The asking price for this property is $896,700.
What are key features of this property?
This property features: 2562 SF office unit in Morgar Professional Center; Open‑plan layout with reception and waiting areas; Two offices or exam rooms and two restrooms
