Building Details

Building Size 6,000 SF

Year Built 1979

Buildings 1

Listing Agency: KINKADE COMMERCIAL REAL ESTATE

Listed By: CAMERON MESH · License #SL3619703 Show Phone

Source: Mandymorrowgroup

Added: Aug 1 Changed: Oct 31 Last Checked: Nov 1 at 3:12PM

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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 KINKADE COMMERCIAL REAL ESTATE

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Investment Insights

Based on property information with market context.

This freestanding flex property includes approximately 6,000 square feet within a single commercial building on approximately 0.25 acres. The 10'5" ceiling height supports a range of showroom, office, and flexible commercial configurations. Roof and HVAC systems were replaced in 2021.

Located at 3730 Kori Road in Jacksonville’s Mandarin area, the property sits just off San Jose Boulevard, which carries approximately 45,000 AADT. CCG-2 zoning accommodates commercial, showroom, office, and flex uses, providing a broad framework for business operations.

Key Highlights

• Approximately 6,000 square foot freestanding building
• Approximately 0.25‑acre site
• CCG‑2 zoning supports commercial, showroom, office, and flex uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$67,813

Cap Rate

6.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,356,260 $1.4M

Cap Rate 7%

$968,757 $968.8K

Cap Rate 9%

$753,478 $753.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,000 SF

Gross rent

$108.0K $18.00/SF

− Vacancy

−$11.1K −$1.85/SF

EGI

$96.9K $16.15/SF

− OpEx

−$29.1K −$4.84/SF

NOI

$67.8K $11.30/SF

Area

Jacksonville, FL

Vacancy

10.30%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,356,260

Cap Rate 7%

$968,757

Cap Rate 9%

$753,478

Alternative Uses

Best Use

Retail

$968.8K

$847.7K – $1.13M (±1% cap)

NOI $67,813 @ 7.0% cap · market cap 6.16%

Second Best

Flex RnD

$932.7K

$816.1K – $1.09M (±1% cap)

NOI $65,286 @ 7.0% cap · market cap 5.94%

Theoretical Best

Office A

$1.64M

$1.44M – $1.92M (±1% cap)

NOI $115,056 @ 7.0% cap · market cap 10.46%

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

Bodyline Comfort Systems Medical Supply Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Auto Repair Shop Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10 ft

Clear height

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,514

Businesses Nearby

Under-served

Demand for This Use

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

Market

Vacancy Rate% for Industrial in Jacksonville, FL

4.6% 2019

5.9% 2020

3.6% 2021

1.9% 2022

3.7% 2023

7.3% 2024

10.8% 2025

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Similar Off Market Nearby

• Margo's Catering — 3662 Crown Point Rd #5955, Jacksonville, FL 32257
• Firehouse Subs Mandarin — 9825 San Jose Blvd, Jacksonville, FL 32257
• Caterings by 1928 Cuban Bistro — 9721 San Jose Blvd, Jacksonville, FL 32257

Frequently Asked Questions

What type of property is this?

Flex space - CCG-2 zoning supports commercial, showroom, office, and flex uses.

Where is this flex space located?

The property is located at 3730 KORI Road Jacksonville, FL.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Approximately 6,000 square foot freestanding building; Approximately 0.25‑acre site; CCG‑2 zoning supports commercial, showroom, office, and flex uses