Veterinary Medical
For Sale
$849,900
Pending
3130 NEW BERLIN Road, Jacksonville, FL 32226
COMMERCIAL - Jacksonville, FL
Property Size3,030 SF
Lot Size1.00 Acre
Days on Market95
Property Features for 3130 NEW BERLIN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street, Assigned, Parking Lot
Accessibility
Accessible Approach with Ramp
Lot features
Cleared, Few Trees, Uplands
Directions
From 295N East Loop take exit 40 & go north (Alta Bluff) - continue North. Alta Bluff becomes Yellow Bluff Rd. Turn right at intersection of Yellow Bluff Rd & New Berlin Rd. Property is on right just past Walgreens.
Subdivision
096-Ft George/Blount Island/Cedar Point
Standard status
Pending
APN
1065650200
Size
3,030 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14323
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Flooring type
Vinyl, Tile
Building materials
Block, Fiber Cement, Frame, Stucco
Roof type
Composition
Listing Agency:
COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
(904) 269-7117
Listed By:
HENRY HAMMOND, JR · License #3336763
(904) 806-1218
Added: May 15
Changed: Aug 4
Last Checked: Aug 17 at 10:06AM
MLS# 2145686
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 offering is for the business only for an operating veterinary hospital. The listing states that the building and land will be available later, with a national master tenant required to have an NNN lease in place before the property is listed. The veterinary hospital has been operating since 2008 and is described as being in good shape.
The facility sits on a 1-acre lot with a 3,030 SF property size. Construction includes block, fiber cement, frame, and stucco, with tile and vinyl flooring. It is served by public water and public sewer, and cooling is provided by central air. The roof is composition.
Operational convenience is supported by a parking lot with assigned, off-street parking and an accessible approach with a ramp.
The facility sits on a 1-acre lot with a 3,030 SF property size. Construction includes block, fiber cement, frame, and stucco, with tile and vinyl flooring. It is served by public water and public sewer, and cooling is provided by central air. The roof is composition.
Operational convenience is supported by a parking lot with assigned, off-street parking and an accessible approach with a ramp.
Key Highlights
- Business only; building and land will be available later
- Operating veterinary hospital since 2008, described as in good shape
- National master tenant to have an NNN lease in place before the property is listed
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,086
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$981,720
$981.7K
Cap Rate 7%
$701,229
$701.2K
Cap Rate 9%
$545,400
$545.4K
Market Conditions
NOI Build-Up for 3,030 SF
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.
Gross rent
$90.9K $30.00/SF
− Vacancy
−$9.1K −$3.00/SF
EGI
$81.8K $27.00/SF
− OpEx
−$32.7K −$10.80/SF
NOI
$49.1K $16.20/SF
Area
Jacksonville, FL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$981,720
Cap Rate 7%
$701,229
Cap Rate 9%
$545,400
Alternative Uses
Best Use
Healthcare Medical
$701.2K
$613.6K – $818.1K
NOI $49,086 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$830.0K
$726.3K – $968.4K
NOI $58,103 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 32226, FL
20,306
Population
7,707
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
85.7 sq mi
ZIP Area
237
Density / Sq Mi
$109,375
Median Household Income
$53,400
Median Earnings
$2,062
Median Rent
$340,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Business for an operating veterinary hospital since 2008, with central air and an accessible ramp.
Where is this medical center located?
The property is located at 3130 NEW BERLIN Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Business only; building and land will be available later; Operating veterinary hospital since 2008, described as in good shape; National master tenant to have an NNN lease in place before the property is listed
