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2715 Oak St., Jacksonville, FL 32205

CRO-zoned office property constructed in 1988.

Property Size6,292 SF
Price / SF$254.29
Days on Market193

Property Features for 2715 Oak St.

General Information

Standard status Active
Size 6,292 SF
Total Parking Spaces 22
Property subtype Office
Zoning CRO (Commercial, Residential, Office)
Investment Type Owner/User

Building Details

Year Built 1988
Stories 1
Tenancy Single
Listing Agency: Three Lions Real Estate Group
Listed By: Luke Feldman · License #FL 3368872
Source: Crexi
Added: Apr 6 Changed: Oct 1 Last Checked: Oct 14 at 10:59PM

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 Three Lions Real Estate Group

Investment Insights

Based on property information with market context.

This office building contains 6,292 square feet and was constructed in 1988. The property carries CRO zoning, designated for Commercial, Residential, Office use.

The building is located at 2715 Oak St in Jacksonville, Florida 32205.

Key Highlights

  • 6,292‑square‑foot office building
  • CRO (Commercial, Residential, Office) zoning
  • Constructed in 1988

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,492
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,809,840 $1.8M
Cap Rate 7%
$1,292,743 $1.3M
Cap Rate 9%
$1,005,467 $1.0M
Market Conditions
NOI Build-Up for 6,292 SF
Gross rent
$151.0K $24.00/SF
− Vacancy
−$30.4K −$4.82/SF
EGI
$120.7K $19.18/SF
− OpEx
−$30.2K −$4.79/SF
NOI
$90.5K $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%
$1,809,840
Cap Rate 7%
$1,292,743
Cap Rate 9%
$1,005,467

Alternative Uses

Best Use
Office B
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,492 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,655 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Elizabeth Parker Social Service Agency Northeast Florida Aids ... Social Service Agency Latoya Mccray Social Service Agency Jasmine Byard Foster Care Service Riverside Orthopedic Massage Alternative Medicine Practice

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Pet Grooming Service Florist Butcher

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

2,431
Businesses Nearby

Demographics for 32205, FL

29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
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

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - CRO-zoned office property constructed in 1988.
Where is this office building located?
The property is located at 2715 Oak St. 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: 6,292‑square‑foot office building; CRO (Commercial, Residential, Office) zoning; Constructed in 1988
(215) 534-8245 Call to check price and availability
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