Office Building with Generous
For Sale
$1,300,000
2820 Spring Glen Rd, Jacksonville, FL 32207
CCG-2 zoning supports office, retail, automotive, and service-related uses.
Property Size5,571 SF
Lot Size0.93 Acres
Price / SF$233.35
Days on Market48
Property Features for 2820 Spring Glen Rd
General Information
Standard status
Active
Size
5,571 SF
Total Parking Spaces
52
Lot size
0.93 Acres
Zoning
CCG-2
Site & Location
Neighborhood
Spring Glen
Highway Access
Yes
Additional Details
Office Units
16
Amenities
conference room
kitchen/breakroom
Building Details
Year Built
1960
Listing Agency:
RYAN REAL ESTATE
Listed By:
NICOLE RYAN · License #3323105
(904) 210-5989
Source:
Onewinningteam
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 7 at 4:10PM
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 RYAN REAL ESTATE
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Investment Insights
Based on property information with market context.
This 1960 office property combines professional workspace with substantial on-site parking and an approximately .93-acre site. The building contains 16 offices, 5 restrooms, a conference room, and a kitchen/breakroom, along with 52 parking spaces. The site also provides land for storage, equipment, or future expansion, as described in the property information.
CCG-2 zoning allows commercial retail sales, new or used automobile sales, service stations, truck stops, automated car washes, professional offices, and business offices. The property is located at 2820 Spring Glen Rd in Jacksonville, with access to I-95, Atlantic Blvd, Arlington Expressway, Beach Blvd, and Southside Blvd.
CCG-2 zoning allows commercial retail sales, new or used automobile sales, service stations, truck stops, automated car washes, professional offices, and business offices. The property is located at 2820 Spring Glen Rd in Jacksonville, with access to I-95, Atlantic Blvd, Arlington Expressway, Beach Blvd, and Southside Blvd.
Key Highlights
- 16‑office building with 5 restrooms
- 52 parking spaces on a .93‑acre site
- Conference room and kitchen/breakroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,122
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,602,440
$1.6M
Cap Rate 7%
$1,144,600
$1.1M
Cap Rate 9%
$890,244
$890.2K
Market Conditions
NOI Build-Up for 5,571 SF
Gross rent
$133.7K $24.00/SF
− Vacancy
−$26.9K −$4.82/SF
EGI
$106.8K $19.18/SF
− OpEx
−$26.7K −$4.79/SF
NOI
$80.1K $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%
$1,602,440
Cap Rate 7%
$1,144,600
Cap Rate 9%
$890,244
Alternative Uses
Best Use
Office B
$1.14M
$1.00M – $1.34M
NOI $80,122 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,829 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,336
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
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office building - CCG-2 zoning supports office, retail, automotive, and service-related uses.
Where is this office building located?
The property is located at 2820 Spring Glen Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 16‑office building with 5 restrooms; 52 parking spaces on a .93‑acre site; Conference room and kitchen/breakroom included
