Southside/Mandarin Office/Medical Space
2965 Plummer Cove Road Jacksonville, FL 32223
2965 Plummer Cove Road, Jacksonville, FL, 32223
$599,000
For Sale
$599,000
Office/medical space for sale in a high-demand location.
Property Size3,600 SF
Price / SF$166.39
Days on Market171
Property Features for 2965 Plummer Cove Road
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Office
Listing Agency
(904) 399-5222
Listed by
Jeff Frandsen
Source
Nmrk
Added: Jan 27 Checked: Jul 15 at 1:20 pm
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 Jeff Frandsen
Investment Insights
Based on property information with market context.
This office/medical space, totaling approximately 3,600 square feet across two stories, is available for purchase. The property is situated in the Southside/Mandarin area, adjacent to I-295, providing convenient access to major transportation routes for both staff and clients. The location benefits from strong demographics and a stable residential base within the Mandarin submarket. The limited commercial inventory in this area contributes to the desirability of properties for long-term value and tenant demand. The property is suitable for a small business, medical or professional office, or an owner-user seeking low overhead and ease of operation. The local retail area along San Jose Boulevard provides additional amenities and services.
Key Highlights
- High‑demand Mandarin submarket location with strong demographics and limited commercial inventory.
- Convenient Southside/Mandarin location next to I‑295 with immediate access to major corridors.
- ±3,600 SF space suitable for office, medical, or owner‑user.
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 | $86.4k | $24.00 |
| − Vacancy | −$17.4k | −$4.82 |
| EGI | $69.0k | $19.18 |
| − OpEx | −$17.3k | −$4.79 |
| NOI | $51.8k | $14.38 |
3,600 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$833.1K
$729.0K – $972.0K
NOI $58,320 @ 7.0% cap · market cap 9.74%
Second Best
Office B
$739.6K
$647.2K – $862.9K
NOI $51,775 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$986.2K
$862.9K – $1.15M
NOI $69,034 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Capital Veterinary Specialists, JAX and Animal ER — 3001 Hartley Rd, Jacksonville, FL 32257
- Vet Wellcare Vaccinations Clinic at Pet Supermarket — 10485 San Jose Blvd, Jacksonville, FL 32257
- Petco Vaccination Clinic — 11111 San Jose Blvd #57, Jacksonville, FL 32223
FAQs
What type of property is this?
Medical Office Space - Office/medical space for sale in a high-demand location.
Where is this medical office space located?
The property is located at 2965 Plummer Cove Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: High‑demand Mandarin submarket location with strong demographics and limited commercial inventory.; Convenient Southside/Mandarin location next to I‑295 with immediate access to major corridors.; **±3,600 SF space suitable for office, medical, or owner‑user.**
