Jacksonville Retail and Office
For Sale
$1,600,000
2255 Dunn Ave, Jacksonville, FL 32218
Retail and office space available for lease in North Jacksonville.
Property Size11,900 SF
Price / SF$134.45
Days on Market255
Property Features for 2255 Dunn Ave
General Information
Standard status
Active
Size
11,900 SF
Property subtype
Commercial
Building Details
Year Built
2005
Listing Agency:
CB ISAAC REALTY
Listed By:
JESSICA GENHOLD · License #3390875
(352) 478-4488
Source:
Jacksonvilleflhomeguide
Added: Jan 26
Changed: Oct 1
Last Checked: Oct 7 at 12:45PM
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 CB ISAAC REALTY
Investment Insights
Based on property information with market context.
Up to 4,980 square feet of retail and office space is available for lease in North Jacksonville, situated off the Dunn Avenue corridor. The property features 3,250 square feet of partially completed medical office buildout, which can be leased as a single suite or divided into two 1,625-square-foot office suites. Additionally, there is 1,730 square feet of shell space available that requires a full buildout. The shell space may be leased individually or in combination with the existing office space. The property's flexible configurations make it suitable for medical, professional, or retail users.
Key Highlights
- High‑traffic location off Dunn Avenue in North Jacksonville.
- Up to 4,980± SF of retail and office space available.
- Includes 3,250± SF of partially completed MEDICAL OFFICE buildout.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,496
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,689,920
$2.7M
Cap Rate 7%
$1,921,371
$1.9M
Cap Rate 9%
$1,494,400
$1.5M
Market Conditions
NOI Build-Up for 11,900 SF
Gross rent
$214.2K $18.00/SF
− Vacancy
−$22.1K −$1.85/SF
EGI
$192.1K $16.15/SF
− OpEx
−$57.6K −$4.84/SF
NOI
$134.5K $11.30/SF
Area
ZIP 32218
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,689,920
Cap Rate 7%
$1,921,371
Cap Rate 9%
$1,494,400
Alternative Uses
Best Use
Office B
$2.38M
$2.08M – $2.78M
NOI $166,648 @ 7.0% cap · market cap 10.42%
Second Best
Healthcare Medical
$2.37M
$2.07M – $2.76M
NOI $165,876 @ 7.0% cap · market cap 10.37%
Theoretical Best
Office A
$3.17M
$2.78M – $3.70M
NOI $222,197 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32218, FL
67,040
Population
27,895
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
96.7 sq mi
ZIP Area
693
Density / Sq Mi
$68,363
Median Household Income
$37,322
Median Earnings
$1,416
Median Rent
$260,300
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 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?
Medical Office Space - Retail and office space available for lease in North Jacksonville.
Where is this medical office space located?
The property is located at 2255 Dunn Ave Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High‑traffic location off Dunn Avenue in North Jacksonville.; Up to 4,980± SF of retail and office space available.; Includes 3,250± SF of partially completed MEDICAL OFFICE buildout.
