Renovated Office Building with
2442 Atlantic Boulevard, Jacksonville, FL 32207
For Sale
$899,000
Flexible office configuration includes private rooms, meeting spaces, reception, a kitchen, and multiple entrances.
Property Size3,614 SF
Price / SF$256.86
Days on Market97
Property Features for 2442 Atlantic Boulevard
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Road Access
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Portal Realty
Listed By:
Caleb Noble, MSRE · License FL BK3563898
(352) 213-1995
Source:
Naihallmark
Added: Aug 8
Changed: Oct 30
Last Checked: Nov 10 at 6:53AM
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 Portal Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professionally renovated office building contains approximately 3,500 square feet with a practical mix of nine private offices, five conference rooms, reception, a kitchen, collaborative meeting areas, and four bathrooms. Two private entrances support the possibility of dividing the space into separate areas. The sale also includes adjacent land that can accommodate future expansion, parking, or outdoor amenities.
The property fronts Atlantic Boulevard in Jacksonville’s San Marco district, with direct access to the boulevard and proximity to Interstate 95. Downtown Jacksonville, the Southbank, and San Marco Square are minutes away. The building is currently occupied by First Coast Court Reporters, with the tenant scheduled to vacate on 10/31/27.
The property fronts Atlantic Boulevard in Jacksonville’s San Marco district, with direct access to the boulevard and proximity to Interstate 95. Downtown Jacksonville, the Southbank, and San Marco Square are minutes away. The building is currently occupied by First Coast Court Reporters, with the tenant scheduled to vacate on 10/31/27.
Key Highlights
- Approximately 3,500‑square‑foot renovated office building
- Nine private offices, five conference rooms, reception, kitchen, and four bathrooms
- Adjacent land included with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,337
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,740
$1.0M
Cap Rate 7%
$719,100
$719.1K
Cap Rate 9%
$559,300
$559.3K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$84.0K $24.00/SF
− Vacancy
−$16.9K −$4.82/SF
EGI
$67.1K $19.18/SF
− OpEx
−$16.8K −$4.79/SF
NOI
$50.3K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,740
Cap Rate 7%
$719,100
Cap Rate 9%
$559,300
Alternative Uses
Best Use
Office B
$719.1K
$629.2K – $839.0K
NOI $50,337 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$958.8K
$839.0K – $1.12M
NOI $67,116 @ 7.0% cap · market cap 7.47%
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
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
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
$254,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Jacksonville, FL
Properties on Market for Office buildings in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office building - Flexible office configuration includes private rooms, meeting spaces, reception, a kitchen, and multiple entrances.
Where is this office building located?
The property is located at 2442 Atlantic Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 3,500‑square‑foot renovated office building; Nine private offices, five conference rooms, reception, kitchen, and four bathrooms; Adjacent land included with the sale
