Updated Office Building with Florida
For Sale
$300,000
1739 Cassat Avenue, Jacksonville, FL 32210
Office building features two large rooms plus a large great room, with new paint and flooring throughout.
Days on Market45
Property Features for 1739 Cassat Avenue
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Building Size
920 SF
Year Built
1949
Listing Agency:
LANDCO PROPERTIES, INC.
(904) 448-0251
Listed By:
GLORIA VINSON · License #0677238
(904) 448-0251
Source:
Bluekeypro
Added: Jun 17
Changed: Jul 27
Last Checked: Jul 31 at 12:30PM
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 LANDCO PROPERTIES, INC.
Investment Insights
Based on property information with market context.
This updated office building includes two large rooms and a large great room, along with a full bathroom and a Florida room in front. The property has new paint and new flooring throughout, and the AC unit was replaced in August 2023.
The sale also includes additional vehicle parking/land assets: the car lot next door (MLS 2151070) that fits over 30 vehicles, and a vacant corner lot on Cassat and Cardinal (MLS 2151075) that fits approximately 12 vehicles.
The property is also separately available for lease under MLS 2151659.
The sale also includes additional vehicle parking/land assets: the car lot next door (MLS 2151070) that fits over 30 vehicles, and a vacant corner lot on Cassat and Cardinal (MLS 2151075) that fits approximately 12 vehicles.
The property is also separately available for lease under MLS 2151659.
Key Highlights
- Office building built in 1949 with two large rooms plus a large great room
- New paint and new flooring throughout
- Full bathroom plus front Florida room
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 | $22.1k | $24.00 |
| − Vacancy | −$4.9k | −$5.33 |
| EGI | $17.2k | $18.67 |
| − OpEx | −$4.3k | −$4.67 |
| NOI | $12.9k | $14.00 |
920 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$184.1K
$161.1K – $214.7K
NOI $12,884 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.0K
$220.5K – $294.0K
NOI $17,642 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building features two large rooms plus a large great room, with new paint and flooring throughout.
Where is this office building located?
The property is located at 1739 Cassat Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Office building built in 1949 with two large rooms plus a large great room; New paint and new flooring throughout; Full bathroom plus front Florida room
