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Concrete Block Flex Building
For Sale
$400,000
Pending

2936 JERRY Lane, Jacksonville, FL 32218

Commercial Sale, Jacksonville, FL

Property Size2,400 SF
Lot Size0.46 Acres
Days on Market97

Property Features for 2936 JERRY Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Off Street
Security features Security System
Subdivision Trout River
Directions FROM I95N TO LEM TURNER (R) onto Lem Turner; Once cross the Trout River bridge(L) on Jerry Lane.
Standard status Pending
APN 0210420000
Size 2,400 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2199

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Amenities

multiple private rooms
two restrooms
central heat and air
flexible floor plan

Building Details

Year built 1965
Floors in Building 1
Number of units 1
Flooring type Vinyl, Carpet
Building materials Block
Roof type Shingle
Listing Agency: MIDTOWNE REALTY GROUP INC
Listed By: CLEMENTINE JACKSON
Added: Jul 7 Changed: Oct 8 Last Checked: Oct 11 at 12:06AM
MLS# 2154213

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,400-square-foot concrete block flex building occupies a 0.46-acre parcel and includes multiple private rooms, two restrooms, vinyl and carpet flooring, central heating, and central air conditioning. The property was built in 1965 and has a shingle roof, off-street parking, public water, and a septic tank. Its CCG-2 zoning provides a commercial-use framework, while the interior configuration supports a range of office and service-oriented layouts.

Located at 2936 Jerry Lane in Jacksonville, the property is in Duval County and carries a Jacksonville 32218 postal address. The building’s existing room arrangement and core systems provide a defined starting point for an owner-user or commercial repositioning project.

Key Highlights

  • 2,400 square feet on a 0.46‑acre lot
  • CCG‑2 (Community/General Commercial) zoning
  • Concrete block construction, built in 1965

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,610
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,200 $672.2K
Cap Rate 7%
$480,143 $480.1K
Cap Rate 9%
$373,444 $373.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.6K $24.00/SF
− Vacancy
−$12.8K −$5.33/SF
EGI
$44.8K $18.67/SF
− OpEx
−$11.2K −$4.67/SF
NOI
$33.6K $14.00/SF
Area
ZIP 32218
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,200
Cap Rate 7%
$480,143
Cap Rate 9%
$373,444

Alternative Uses

Best Use
Office B
$480.1K
$420.1K – $560.2K (±1% cap)
NOI $33,610 @ 7.0% cap · market cap 8.40%
Second Best
Healthcare Medical
$477.9K
$418.2K – $557.6K (±1% cap)
NOI $33,454 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$640.2K
$560.2K – $746.9K (±1% cap)
NOI $44,813 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Buggs-Bellamy Funeral Service Social Service Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Restaurant Spa & Massage Center

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

167
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32218, FL

67,040
Population
27,895
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
96.7 sq mi
ZIP Area
693
Density / Sq Mi
$68,363
Median Household Income
$37,322
Median Earnings
$1,416
Median Rent
$260,300
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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Similar Off Market Nearby

  • Nana's Food 4 Da-Soul — 1765 Bassett Rd, Jacksonville, FL 32208

Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial building with private rooms, two restrooms, central HVAC, and CCG-2 commercial zoning.
Where is this flex space 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: 2,400 square feet on a 0.46‑acre lot; CCG‑2 (Community/General Commercial) zoning; Concrete block construction, built in 1965
More about this property
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