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Renovated Office Building
For Sale
$995,000

1923 Lejeune Boulevard, Jacksonville, NC 28546

Commercial Sale, Jacksonville, NC

Property Size6,253 SF
Lot Size0.69 Acres
Price / SF$159.12
Days on Market408

Property Features for 1923 Lejeune Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning CC
Parking features Parking Lot
Subdivision Not In Subdivision
Directions WESTERN BLVD LEFT ON LEJEUNE BLVD PROPERTY ON LEFT SIDE OF ROAD
Standard status Active
APN 352c-21
Size 6,253 SF
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description L3 TO L7 PT L8BC SHUGART & MORGAN TO INCLUDE 20 FT ALLEY
Legal Description L3 TO L7 PT L8BC SHUGART & MORGAN TO INCLUDE 20 FT ALLEY

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air, Zoned
Water source Public

Amenities

prominent oversized sign
reinforced concrete safe room

Building Details

Year built 1950
Flooring type Vinyl, Concrete, Carpet, Laminate
Building materials Block, Vinyl Siding, Steel Frame
Roof type Membrane
Listing Agency: Military Relocator, Inc.
Listed By: Rodney E Beckman · License #206065
Added: Aug 28, 2025 Changed: Sep 12 Last Checked: Oct 9 at 10:06AM
MLS# 100527630

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated office property at 1923 Lejeune Boulevard with 16 private offices, a 27' x 48' conference room, and a usable second floor for storage or future build-out. The building also includes a reinforced 9' x 25' concrete safe room, laminate, vinyl, concrete, and carpet flooring, zoned cooling, central air, heat-pump heating, and public water and sewer. Block, vinyl siding, and steel-frame construction were completed in 1950.

The 0.69-acre property is positioned 2.2 miles from the main gate of Marine Corps Base Camp Lejeune and 1 mile from the Wilson Gate. Lejeune Boulevard frontage, a traffic count exceeding 35,000 vehicles daily, an oversized sign, and a 37+ space parking lot provide substantial on-site exposure and access. The property is located within a designated HUBZone.

Key Highlights

  • 16 private offices with additional room for expansion
  • 27' x 48' conference room with capacity for up to 110 people
  • 37+ parking spaces with room to expand

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,753
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,435,060 $1.4M
Cap Rate 7%
$1,025,043 $1.0M
Cap Rate 9%
$797,256 $797.3K
Market Conditions
NOI Build-Up for 6,253 SF
Gross rent
$112.6K $18.00/SF
− Vacancy
−$16.9K −$2.70/SF
EGI
$95.7K $15.30/SF
− OpEx
−$23.9K −$3.82/SF
NOI
$71.8K $11.48/SF
Area
Onslow County, NC
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,435,060
Cap Rate 7%
$1,025,043
Cap Rate 9%
$797,256

Alternative Uses

Best Use
Office B
$1.03M
$896.9K – $1.20M (±1% cap)
NOI $71,753 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $95,086 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Jacksonville Real Estate ... Vocational School Military Relocator Real ... Real Estate Agency PCSing.com Real Estate Agency Shellie McKeown REALTOR Real Estate Agency ATM Atm

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Pharmacy HVAC Service Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

Demographics for 28546, NC

48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - HUBZone office property with Camp Lejeune proximity and prominent exposure along Lejeune Boulevard.
Where is this office building located?
The property is located at 1923 Lejeune Boulevard Jacksonville, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 16 private offices with additional room for expansion; 27' x 48' conference room with capacity for up to 110 people; 37+ parking spaces with room to expand
More about this property
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