Office Building with Side
204 E Bayshore Boulevard, Jacksonville, NC 28540
For Sale
$400,000
Commercial Sale, Jacksonville, NC
Property Size2,019 SF
Lot Size0.56 Acres
Price / SF$198.12
Days on Market205
Property Features for 204 E Bayshore Boulevard
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Amenities
two bathrooms
kitchen area
private side entrance
storage shed
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Coldwell Banker Sea Coast Advantage-Hampstead
(910) 270-8880
Listed By:
Diane M Castro-Perez · License NC #245995
(910) 467-7642
Added: Apr 20
Changed: Nov 6
Last Checked: Nov 10 at 5:06PM
MLS# 100568448
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.
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Investment Insights
Based on property information with market context.
This 2,019-square-foot office building dates to 1978 and sits on a 0.56-acre parcel. Its interior includes an open area, dedicated office space, a kitchen, and two bathrooms. A separate side entrance, on-site parking lot, and storage shed add practical features. Brick and wood-frame construction, laminate and LVT/LVP flooring, a shingle roof, heat-pump heating and cooling, and central air are also noted. The roof is listed as installed November 4, 2026.
The property is at 204 E Bayshore Boulevard in Jacksonville, North Carolina, and is zoned OI.
The property is at 204 E Bayshore Boulevard in Jacksonville, North Carolina, and is zoned OI.
Key Highlights
- 2,019 square feet on a 0.56‑acre lot
- Office area, open interior, kitchen, and two bathrooms
- Side entrance, parking lot, and storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,168
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,360
$463.4K
Cap Rate 7%
$330,971
$331.0K
Cap Rate 9%
$257,422
$257.4K
Market Conditions
NOI Build-Up for 2,019 SF
Gross rent
$36.3K $18.00/SF
− Vacancy
−$5.5K −$2.70/SF
EGI
$30.9K $15.30/SF
− OpEx
−$7.7K −$3.82/SF
NOI
$23.2K $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%
$463,360
Cap Rate 7%
$330,971
Cap Rate 9%
$257,422
Alternative Uses
Best Use
Office B
$331.0K
$289.6K – $386.1K
NOI $23,168 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.6K
$383.8K – $511.7K
NOI $30,702 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
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Business Placement
Demographics for 28540, NC
49,739
Population
21,466
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
92%
High-School Grad
110.3 sq mi
ZIP Area
451
Density / Sq Mi
$61,462
Median Household Income
$32,313
Median Earnings
$1,014
Median Rent
$201,700
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Jacksonville, NC
Properties on Market for Office buildings in Jacksonville
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - An open layout combines dedicated office space, a kitchen area, and two bathrooms.
Where is this office building located?
The property is located at 204 E Bayshore Boulevard Jacksonville, NC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,019 square feet on a 0.56‑acre lot; Office area, open interior, kitchen, and two bathrooms; Side entrance, parking lot, and storage shed
