2121 FLESHER Avenue, Jacksonville, FL 32207

Building Details

Year Built 1918 More

Listing Agency: RE/MAX SPECIALISTS m***@agentlink.net Show Phone

Listed By: FRANKIE GUERRIDO · License #3478041 Show Phone

Source: Endlesssummerrealty

Added: Nov 2 Changed: Nov 6 Last Checked: Nov 6 at 10:13AM

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Investment Insights

Based on property information with market context.

This 720-square-foot mixed-use property in Jacksonville was built in 1918 and has been updated. Interior features include high ceilings and natural light, with a new roof and air-conditioning system. The CCG-2 zoning allows residential and commercial use, and the layout can accommodate a live-work arrangement or professional office use.

The property is one block from a main intersection and has access to a commercial corridor. It is located at 2121 Flesher Avenue, Jacksonville, Florida 32207.

Key Highlights

• CCG‑2 zoning allows residential and commercial use
• 720‑square‑foot building, constructed in 1918
• New roof and air‑conditioning system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,664

Cap Rate

5.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$233,280 $233.3K

Cap Rate 7%

$166,629 $166.6K

Cap Rate 9%

$129,600 $129.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 720 SF

Gross rent

$21.6K $30.00/SF

− Vacancy

−$2.2K −$3.00/SF

EGI

$19.4K $27.00/SF

− OpEx

−$7.8K −$10.80/SF

NOI

$11.7K $16.20/SF

Area

Jacksonville, FL

Vacancy

10.00%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$233,280

Cap Rate 7%

$166,629

Cap Rate 9%

$129,600

Alternative Uses

Best Use

Healthcare Medical

$166.6K

$145.8K – $194.4K (±1% cap)

NOI $11,664 @ 7.0% cap · market cap 5.43%

Second Best

Office B

$147.9K

$129.4K – $172.6K (±1% cap)

NOI $10,355 @ 7.0% cap · market cap 4.82%

Theoretical Best

Office A

$197.2K

$172.6K – $230.1K (±1% cap)

NOI $13,807 @ 7.0% cap · market cap 6.42%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Live-work space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Dental Office Garden Center Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

716

Businesses Nearby

Explore this area Business Placement

Demographics for 32207, FL

36,207

Population

18,866

Households

1.9

Avg Household Size

39

Median Age

38%

College-Educated

86%

High-School Grad

11.4 sq mi

ZIP Area

3,176

Density / Sq Mi

$60,875

Median Household Income

$45,478

Median Earnings

$1,139

Median Rent

$254,800

Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Jacksonville, FL

$235 Jul

$198 Aug

$222 Sep

$222 Oct

Properties on Market for Mixed-use properties in Jacksonville

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019

15.8% 2020

21% 2021

20.1% 2022

19.8% 2023

21.3% 2024

22.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - CCG-2 zoning supports residential and commercial uses, with a layout suited to either occupancy.

Where is this mixed-use property located?

The property is located at 2121 FLESHER Avenue Jacksonville, FL.

What is the asking price?

The asking price for this property is $215,000.

What are key features of this property?

This property features: CCG‑2 zoning allows residential and commercial use; 720‑square‑foot building, constructed in 1918; New roof and air‑conditioning system