Technical
Financial
Distress signals
Property profile

1914 Southside Blvd Jacksonville, FL 32216

OFF-MARKET
Medical Office Space
Property ID
US18-0514134
5,824 SF 1.18 ac lot Built 2001
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A, multi-tenant medical office building presents a compelling sale-leaseback investment opportunity in Jacksonville, Florida. The 5,824 square foot property, built in 2001 and situated on a 1.16-acre lot, boasts 100% occupancy with two strong tenants. Ankle & Foot Associates, a 16-unit operator, will sign a new 10-year NNN lease at closing, featuring 2% annual rent increases. Netco Holding Company (dba Mason Title & Escrow), an AmTrust Financial Company, holds a lease extending to April 30, 2027, also with 2% annual increases and monthly CAM reimbursements. The property enjoys excellent visibility on Southside Boulevard, a high-traffic road with approximately 35,000 vehicles per day. Its strategic location in Jacksonville's Southside area, a thriving business center near shopping, recreational areas, and historical sites, is further enhanced by its proximity (5 miles) to HCA Florida Memorial Hospital. The property features a new roof (installed in 2021) and offers a weighted average lease term (WALT) of approximately 6.7 years. The asking price is $1,173,690, projecting a pro-forma cap rate of 7.75% and a pro-forma net operating income (NOI) of $90,961. This investment provides a stable, high-yield return with built-in growth potential in a rapidly developing area.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,824 SF
Lot 1.18 ac (51,203 SF)
Zoning code CO
APN 123385-0000
UPID US18-0514134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Title Company Escrow Service
  • Physician
  • Courier Service Postal Service

Location

1914 Southside Blvd Jacksonville, FL 32216-1996
Jacksonville metro Census 15805 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2025
Last sale
$1.0M
4 recorded transactions
2025
$1.1M
2021
$1.0M
2010
Price N/A
2005
$249,000

Zoning & alternative use

CO · Jacksonville, FL
Zoning description

In CO, RO, and CRO Districts changing message devices and illuminated and indirect lighting signs are also prohibited. (d) Industrial zoning districts: The allowable signs and the sign restrictions and requirements shall…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.5M +27.4%
Auto repair, garage $1.2M +7.7%
Office building $1.2M +4.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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