Office Building with Existing
For Sale
Contact for pricing
2442 Atlantic Blvd, Jacksonville, FL 32207
Office property includes adjacent land for expansion, parking, or redevelopment.
Property Size3,614 SF
Price / SF$248.75
Days on Market59
Property Features for 2442 Atlantic Blvd
General Information
Standard status
Active
Size
3,614 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
NAI Hallmark | Jacksonville
(904) 363-9002
Listed By:
Daniel Burkhardt · License #3260896
(904) 404-4455
Source:
Moodyscre
Added: Aug 12
Changed: Oct 9
Last Checked: Oct 7 at 2:16PM
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 NAI Hallmark | Jacksonville
Investment Insights
Based on property information with market context.
This office property offers 3,614 square feet with an existing office buildout ready for use. The sale also includes adjacent land, providing additional area for expansion, parking, or redevelopment beyond the current building.
The property has direct frontage and access along Atlantic Blvd and is immediately near I-95. It is located in Jacksonville’s San Marco submarket, with Downtown Jacksonville and San Marco Square only minutes away.
The property has direct frontage and access along Atlantic Blvd and is immediately near I-95. It is located in Jacksonville’s San Marco submarket, with Downtown Jacksonville and San Marco Square only minutes away.
Key Highlights
- 3,614 square feet of existing office improvements
- Adjacent land included with the sale
- Direct frontage and access along Atlantic Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,977
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,540
$1.0M
Cap Rate 7%
$742,529
$742.5K
Cap Rate 9%
$577,522
$577.5K
Market Conditions
NOI Build-Up for 3,614 SF
Gross rent
$86.7K $24.00/SF
− Vacancy
−$17.4K −$4.82/SF
EGI
$69.3K $19.18/SF
− OpEx
−$17.3K −$4.79/SF
NOI
$52.0K $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%
$1,039,540
Cap Rate 7%
$742,529
Cap Rate 9%
$577,522
Alternative Uses
Best Use
Office B
$742.5K
$649.7K – $866.3K
NOI $51,977 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$990.0K
$866.3K – $1.16M
NOI $69,302 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
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
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property includes adjacent land for expansion, parking, or redevelopment.
Where is this office building located?
The property is located at 2442 Atlantic Blvd 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: 3,614 square feet of existing office improvements; Adjacent land included with the sale; Direct frontage and access along Atlantic Blvd
