Professional Office
3390 KORI Road #1, Jacksonville, FL 32257
For Sale
Contact for pricing
The suite is within an executive office building offering full-service occupancy.
Property Size1,120 SF
Price / SF$2.68
Days on Market18
Property Features for 3390 KORI Road #1
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Office Units
Property Use
Building Details
Year Built
Listing Agency:
COLDWELL BANKER PREMIER PROPERTIES
(904) 392-5151
Listed By:
ERIC MAIMO · License FL #3254822
(904) 537-6443
Source:
Endlesssummerrealty
Added: Oct 26
Changed: Nov 10
Last Checked: Nov 12 at 8:18AM
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 COLDWELL BANKER PREMIER PROPERTIES
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 1 provides 1,120 square feet of office space in the Mandarin Executive Office Building, constructed in 1980. The property is at 3390 Kori Road in Jacksonville, Florida, and offers full-service office occupancy.
Key Highlights
- 1,120 SF of office space
- Suite 1 at 3390 Kori Road, Jacksonville, FL 32257
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,108
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,160
$322.2K
Cap Rate 7%
$230,114
$230.1K
Cap Rate 9%
$178,978
$179.0K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$26.9K $24.00/SF
− Vacancy
−$5.4K −$4.82/SF
EGI
$21.5K $19.18/SF
− OpEx
−$5.4K −$4.79/SF
NOI
$16.1K $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%
$322,160
Cap Rate 7%
$230,114
Cap Rate 9%
$178,978
Alternative Uses
Best Use
Office B
$230.1K
$201.4K – $268.5K
NOI $16,108 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.8K
$268.5K – $358.0K
NOI $21,477 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,463
Businesses Nearby
Explore this area
Business Placement
Demographics for 32257, FL
41,439
Population
18,465
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
3,369
Density / Sq Mi
$75,180
Median Household Income
$45,772
Median Earnings
$1,441
Median Rent
$305,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Jacksonville, FL
Properties on Market for Office Units in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - The suite is within an executive office building offering full-service occupancy.
Where is this office unit located?
The property is located at 3390 KORI Road #1 Jacksonville, FL.
What are key features of this property?
This property features: 1,120 SF of office space; Suite 1 at 3390 Kori Road, Jacksonville, FL 32257; Built in 1980
