Medical Office Building For
2561 Oak Street, Jacksonville, FL 32204
Medical office building in Riverside, near Ascension St. Vincent’s Hospital.
Type:Medical / Professional Office
Property size:
2,675 SFPrice / SF:
$259/SF- Added:
- Mar 6, 2026
- Days on Market:
- 73
- Last Refresh:
- Apr 5 at 11:20 pm
Property Features for 2561 Oak Street
General Information
- Standard status
- Active
- Size
- 2,675 SF
- Property subtype
- Medical / Professional Office
Building Details
- Year Built
- 1907
Listing agent Austin Kay License #3281187 (904) 493-4495
Listing office NAI Hallmark | Jacksonville (904) 493-4495
Listing date Mar 6, 2026
Source Naihallmark
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
HighLights
- Prime location in the heart of Riverside's healthcare district, one block from Ascension St. Vincent’s Hospital.
- High visibility at the signalized corner of Oak Street and Barrs Street.
- 2,675± SF medical office building available for sale or lease.
- On‑site parking with additional street‑side parking.
- Designated space for a mobile medical imaging unit with a separately metered 220V connection.
- Convenient access to major highways and public transportation.
Overview
This medical office building offers approximately 2,675 square feet of space available for sale or lease. The property is situated at the signalized corner of Oak Street and Barrs Street, providing high visibility. Located in the center of Riverside healthcare offices, it is just one block from Ascension St. Vincent’s Hospital. On-site parking is available, with additional street-side parking along both Oak and Barrs Streets. The property includes a designated space for a mobile medical imaging unit, complete with a separately metered 220V connection. With convenient access to major highways and public transportation, commuting is convenient for employees and clients. Nearby attractions include the Cummer Museum of Art & Gardens and the Riverside Arts Market. This location is suitable for healthcare providers or office professionals.
Financial Insights
Value Estimation Calculated for Healthcare Medical
Conservative
$481.5K
NOI $43,335 @ 9.00% cap · cautious / downside scenario
Moderate
$619.1K
NOI $43,335 @ 7.00% cap · market / base-case scenario
Aggressive
$866.7K
NOI $43,335 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $30.00 |
| − Vacancy | −$8.0k | −$3.00 |
| EGI | $72.2k | $27.00 |
| − OpEx | −$28.9k | −$10.80 |
| NOI | $43.3k | $16.20 |
2,675 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Use Scenarios
Best Use
Healthcare Medical
$619.1K
$541.7K – $722.3K
NOI $43,335 @ 7.0% cap · market cap 6.24%
Second Best
Office B
$549.6K
$480.9K – $641.2K
NOI $38,472 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$732.8K
$641.2K – $854.9K
NOI $51,296 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical Office Space
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- Forever Vets Animal Hospital - Riverside — 580 College St, Jacksonville, FL 32204
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6899
- Latitude
- 30.3102
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Medical office building in Riverside, near Ascension St. Vincent’s Hospital.
Where is this medical office space located?
The property is located at 2561 Oak Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime location in the heart of Riverside's healthcare district, one block from Ascension St. Vincent’s Hospital.; High visibility at the signalized corner of Oak Street and Barrs Street.; 2,675± SF medical office building available for sale or lease.
