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Office Units with New Roof

3811 BLANDING Boulevard STE 1 & 2, Jacksonville, FL 32210

For Sale
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Two office suites are scheduled for occupancy September 1st, while Suite 3 is leased month to month.

Property Size2,870 SF
Price / SF$1.67
Days on Market88

Property Features for 3811 BLANDING Boulevard STE 1 & 2

General Information

Standard status Active
Size 2,870 SF
Total Parking Spaces 15
Property subtype Office

Site & Location

Neighborhood Confederate Point

Additional Details

Office Units 2

Building Details

Year Built 1989
Listing Agency: KAHLE COMMERCIAL GROUP, INC
Listed By: CYNTHIA MCLAIN · License FL #3578198
Source: Endlesssummerrealty
Added: Aug 17 Changed: Nov 10 Last Checked: Nov 10 at 8:15AM

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 KAHLE COMMERCIAL GROUP, INC

Rey
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Investment Insights

Based on property information with market context.

This office property includes 2870sf across Suite 1 and Suite 2, with occupancy scheduled for September 1st. Suite 3 is occupied under a month-to-month lease, creating a multi-suite configuration for an owner-user or investor. The building was constructed in 1989 and has a new roof completed in 2024 along with new HVAC installed in 2025.

The property is located on Blanding Boulevard in Jacksonville, near Cedar River. On-site parking accommodates 12-15 vehicles. The combination of separate suites, current month-to-month occupancy, and recently updated roof and HVAC systems provides a straightforward office configuration for continued occupancy or repositioning.

Key Highlights

  • 2870sf in Suite 1 and Suite 2
  • Suite 3 tenant occupying on a month to month lease
  • Occupancy scheduled for September 1st

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,191
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,820 $803.8K
Cap Rate 7%
$574,157 $574.2K
Cap Rate 9%
$446,567 $446.6K
Market Conditions
NOI Build-Up for 2,870 SF
Gross rent
$68.9K $24.00/SF
− Vacancy
−$15.3K −$5.33/SF
EGI
$53.6K $18.67/SF
− OpEx
−$13.4K −$4.67/SF
NOI
$40.2K $14.00/SF
Area
ZIP 32210
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,820
Cap Rate 7%
$574,157
Cap Rate 9%
$446,567

Alternative Uses

Best Use
Office B
$574.2K
$502.4K – $669.9K (±1% cap)
NOI $40,191 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$786.2K
$687.9K – $917.3K (±1% cap)
NOI $55,035 @ 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

STEGY GROUP LLC Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Gym & Fitness Center Skin Care Clinic

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

2
Office units

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 32210, FL

66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
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

$240 Jul
$244 Aug
$223 Sep
$209 Oct

Properties on Market for Office Units in Jacksonville

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two office suites are scheduled for occupancy September 1st, while Suite 3 is leased month to month.
Where is this office unit located?
The property is located at 3811 BLANDING Boulevard STE 1 & 2 Jacksonville, FL.
What are key features of this property?
This property features: 2870sf in Suite 1 and Suite 2; Suite 3 tenant occupying on a month to month lease; Occupancy scheduled for September 1st
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