Versatile Office and Service
2936 Jerry Lane Jacksonville, FL 32218
2936 Jerry Lane, Jacksonville, FL, 32218
$400,000
For Sale
$400,000
Concrete block commercial building with private rooms, two restrooms, and central heat and air on a CCG-2 lot.
Property Size2,400 SF
Lot Size0.50 Acres
Price / SF$166.67
Days on Market15
Property Features for 2936 Jerry Lane
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing agency
MIDTOWNE REALTY GROUP INC
(904) 381-8525
Listed by
CLEMENTINE JACKSON
(904) 381-8525
Source
Giffordproperties
Added: Jul 7 Updated: Jul 21 at 5:47AM Checked: Jul 21 at 5:47AM
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 MIDTOWNE REALTY GROUP INC
Investment Insights
Based on property information with market context.
This versatile concrete block building offers approximately 2,400 square feet and is suitable for a range of commercial uses. The interior includes multiple private rooms, two restrooms, and central heat and air, supported by a flexible floor plan that can be adapted for different operations.
The property is zoned CCG-2 (Community/General Commercial) and was formerly operated as a funeral home. Its configuration also lends itself to uses such as medical or professional office space, counseling or therapy services, ministry or church use, daycare or community center activities, and certain retail, service, or specialty businesses.
Set on a nearly half-acre lot, the building provides an adaptable setup for an owner-occupant or an investor seeking a flexible commercial asset.
The property is zoned CCG-2 (Community/General Commercial) and was formerly operated as a funeral home. Its configuration also lends itself to uses such as medical or professional office space, counseling or therapy services, ministry or church use, daycare or community center activities, and certain retail, service, or specialty businesses.
Set on a nearly half-acre lot, the building provides an adaptable setup for an owner-occupant or an investor seeking a flexible commercial asset.
Key Highlights
- Concrete block commercial building built in 1965 with approx. 2,400 SF
- Nearly 1/2‑acre lot in CCG‑2 (Community/General Commercial) zoning for a wide range of commercial uses
- Former funeral home layout with multiple private rooms and flexible floor plan
Local 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 | $57.6k | $24.00 |
| − Vacancy | −$12.8k | −$5.33 |
| EGI | $44.8k | $18.67 |
| − OpEx | −$11.2k | −$4.67 |
| NOI | $33.6k | $14.00 |
2,400 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$480.1K
$420.1K – $560.2K
NOI $33,610 @ 7.0% cap · market cap 8.40%
Second Best
Healthcare Medical
$477.9K
$418.2K – $557.6K
NOI $33,454 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$640.2K
$560.2K – $746.9K
NOI $44,813 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Buggs-Bellamy Funeral Service
Social Service Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Concrete block commercial building with private rooms, two restrooms, and central heat and air on a CCG-2 lot.
Where is this office building located?
The property is located at 2936 Jerry Lane Jacksonville, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Concrete block commercial building built in 1965 with approx. 2,400 SF; Nearly 1/2‑acre lot in CCG‑2 (Community/General Commercial) zoning for a wide range of commercial uses; Former funeral home layout with multiple private rooms and flexible floor plan
