Flex Property with
For Sale
$499,000
15325 N Main St, Jacksonville, FL 32218
Office and warehouse areas are combined within a CCG-2-zoned commercial property.
Property Size3,116 SF
Lot Size0.31 Acres
Price / SF$160.14
Days on Market93
Property Features for 15325 N Main St
General Information
Standard status
Active
Size
3,116 SF
Lot size
0.31 Acres
Zoning
CCG-2
Site & Location
Neighborhood
First Coast Center
Warehouse & Industrial
Warehouse Space
1,600 SF
Office Build-Out
1,574 SF
Building Details
Year Built
1951
Buildings
1
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Listed By:
GARY DENMAN · License #3274941
(904) 710-6322
Source:
Onewinningteam
Added: Aug 3
Changed: Oct 25
Last Checked: Oct 5 at 9:03PM
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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
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Investment Insights
Based on property information with market context.
Located at 15325 N MAIN Street in Jacksonville, this flex property combines dedicated office space with a rear warehouse. The 1,574-square-foot office area includes a conference room, multiple work areas, a reception zone, kitchen, and bathroom. The adjoining warehouse provides an additional 1,600 square feet, creating a practical office-and-storage configuration on 0.31 acres.
The property carries CCG-2 Commercial zoning, identified as Community/General-2. Permitted uses listed for this zoning include auto sales and repair, large retail centers, restaurants, offices, and storage yards. Built in 1951, the property offers a combination of enclosed commercial improvements and land within Jacksonville’s 32218 ZIP code.
The property carries CCG-2 Commercial zoning, identified as Community/General-2. Permitted uses listed for this zoning include auto sales and repair, large retail centers, restaurants, offices, and storage yards. Built in 1951, the property offers a combination of enclosed commercial improvements and land within Jacksonville’s 32218 ZIP code.
Key Highlights
- 1,574 SF office area with conference room, work areas, reception zone, kitchen, and bathroom
- 1,600 SF warehouse positioned behind the office portion
- 0.31 acres of commercial land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,636
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,720
$872.7K
Cap Rate 7%
$623,371
$623.4K
Cap Rate 9%
$484,844
$484.8K
Market Conditions
NOI Build-Up for 3,116 SF
Gross rent
$74.8K $24.00/SF
− Vacancy
−$16.6K −$5.33/SF
EGI
$58.2K $18.67/SF
− OpEx
−$14.5K −$4.67/SF
NOI
$43.6K $14.00/SF
Area
ZIP 32218
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,720
Cap Rate 7%
$623,371
Cap Rate 9%
$484,844
Alternative Uses
Best Use
Office B
$623.4K
$545.5K – $727.3K
NOI $43,636 @ 7.0% cap · market cap 8.74%
Second Best
Flex RnD
$312.5K
$273.4K – $364.6K
NOI $21,874 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$831.2K
$727.3K – $969.7K
NOI $58,182 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 32218, FL
67,040
Population
27,895
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
96.7 sq mi
ZIP Area
693
Density / Sq Mi
$68,363
Median Household Income
$37,322
Median Earnings
$1,416
Median Rent
$260,300
Median Home Value
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are combined within a CCG-2-zoned commercial property.
Where is this flex space located?
The property is located at 15325 N Main St Jacksonville, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,574 SF office area with conference room, work areas, reception zone, kitchen, and bathroom; 1,600 SF warehouse positioned behind the office portion; 0.31 acres of commercial land
