Built-Out School and
2804 Saint Johns Bluff Road South Suite 103 Jacksonville, FL 32246
For Sale
Contact for pricing
Fully built-out property currently operating as a college prep school for grades 4 through 12.
Property Size5,200 SF
Price / SF$224.81
Days on Market44
Property Features for 2804 Saint Johns Bluff Road South Suite 103
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Property subtype
- Special Purpose
Listing Agency:
Pine Street / RPS
(904) 398-1044
Listed By:
Jack Robison · License #SL3480686
Source:
Crexi
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 23 at 12:26PM
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 Pine Street / RPS
Investment Insights
Based on property information with market context.
This school property is fully built out for school use and is currently operating as a college prep school serving grades 4 through 12. The offering is priced without the playground located at the rear of the property, with the option to include it.
The layout supports ongoing operations as a school, and the property description also notes it could be used as office space.
As presented, the building is ready for an education-style tenant, with the key differentiator being whether the rear playground area is included with the sale.
The layout supports ongoing operations as a school, and the property description also notes it could be used as office space.
As presented, the building is ready for an education-style tenant, with the key differentiator being whether the rear playground area is included with the sale.
Key Highlights
- Fully built‑out school property currently operating as a college prep school for grades 4–12
- Can be used for school or office purposes based on the current built‑out layout
- Listed price is $1,169,000, priced without the playground at the rear of the property
Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $124.8k | $24.00 |
| − Vacancy | −$25.1k | −$4.82 |
| EGI | $99.7k | $19.18 |
| − OpEx | −$24.9k | −$4.79 |
| NOI | $74.8k | $14.38 |
5,200 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.07M
$934.8K – $1.25M
NOI $74,786 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,715 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Schools
FAQs
What type of property is this?
School - Fully built-out property currently operating as a college prep school for grades 4 through 12.
Where is this school located?
The property is located at 2804 Saint Johns Bluff Road South Suite 103 Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,169,000.
What are key features of this property?
This property features: Fully built‑out school property currently operating as a college prep school for grades 4–12; Can be used for school or office purposes based on the current built‑out layout; Listed price is $1,169,000, priced without the playground at the rear of the property
