Air-Conditioned Flex
3653 REGENT Boulevard, Jacksonville, FL 32224
For Sale
$495,000
Commercial Sale, Jacksonville, FL
Property Size2,400 SF
Lot Size0.04 Acres
Price / SF$206.25
Days on Market965
Property Features for 3653 REGENT Boulevard
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
ANNALYECE REALTY LLC
Listed By:
ED MANSON
(904) 371-4962
Added: Mar 22, 2024
Changed: Nov 5
Last Checked: Nov 11 at 1:06AM
MLS# 2015842
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Investment Insights
Based on property information with market context.
Built in 2004, this 2,400-square-foot flex property combines conditioned workspace with warehouse functionality. The approximately 578-square-foot office/showroom component supports customer-facing or administrative activity, while a single bay door provides direct access for loading and movement of materials. Ceiling clearance reaches 29 feet, and HVAC serves the building for year-round comfort.
The property is located within Eastpark Business Center with access to I-295 and I-95. Public water and public sewer serve the site. Construction includes block, concrete, and frame components, and assigned parking is available for the premises.
The property is located within Eastpark Business Center with access to I-295 and I-95. Public water and public sewer serve the site. Construction includes block, concrete, and frame components, and assigned parking is available for the premises.
Key Highlights
- 2,400‑square‑foot flex property with approximately 578 sf of office/showroom area
- Ceiling height reaches up to 29'
- One bay door provides direct loading access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,517
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,340
$690.3K
Cap Rate 7%
$493,100
$493.1K
Cap Rate 9%
$383,522
$383.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.6K $24.00/SF
− Vacancy
−$11.6K −$4.82/SF
EGI
$46.0K $19.18/SF
− OpEx
−$11.5K −$4.79/SF
NOI
$34.5K $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%
$690,340
Cap Rate 7%
$493,100
Cap Rate 9%
$383,522
Alternative Uses
Best Use
Office B
$493.1K
$431.5K – $575.3K
NOI $34,517 @ 7.0% cap · market cap 6.97%
Second Best
Flex RnD
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
29 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32224, FL
42,395
Population
17,221
Households
2.5
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
20.9 sq mi
ZIP Area
2,028
Density / Sq Mi
$80,774
Median Household Income
$48,043
Median Earnings
$1,690
Median Rent
$425,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Jacksonville, FL
Properties on Market for Flex space in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned workspace combines office/showroom area with a warehouse bay and assigned parking.
Where is this flex space located?
The property is located at 3653 REGENT Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,400‑square‑foot flex property with approximately 578 sf of office/showroom area; Ceiling height reaches up to 29'; One bay door provides direct loading access
