End Unit Office
For Sale
Contact for pricing
3840 Williamsburg Park Blvd, Jacksonville, FL 32257
End unit office space with a new roof and abundant on-site parking, ready for immediate occupancy.
Property Size1,430 SF
Price / SF$174.83
Days on Market27
Property Features for 3840 Williamsburg Park Blvd
General Information
Standard status
Active
Size
1,430 SF
Property subtype
OFFICE
Listing Agency:
Kinkade Commercial Real Estate
(904) 635-6376
Listed By:
Amanda C. Kinkade
Source:
Moodyscre
Added: Jul 15
Changed: Jul 31
Last Checked: Aug 10 at 7:37AM
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
Investment Insights
Based on property information with market context.
This end unit office space offers a practical layout for office use in a move-in ready condition. The property includes a new roof and is supported by an abundance of on-site parking, helping reduce day-to-day access friction for employees and visitors. The space totals 1,430 SF.
Located at 3840 Williamsburg Park Blvd in Jacksonville, FL 32257, the property’s end unit configuration can provide convenient identity and access for an individual office tenant or small suite operator. Parking availability is a key operational benefit for tenant and customer traffic.
Overall, the combination of end unit positioning, a recent roof replacement, and on-site parking supports straightforward occupancy for an office user seeking a ready-to-use space.
Located at 3840 Williamsburg Park Blvd in Jacksonville, FL 32257, the property’s end unit configuration can provide convenient identity and access for an individual office tenant or small suite operator. Parking availability is a key operational benefit for tenant and customer traffic.
Overall, the combination of end unit positioning, a recent roof replacement, and on-site parking supports straightforward occupancy for an office user seeking a ready-to-use space.
Key Highlights
- End unit office configuration
- New roof
- Move‑in ready condition
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
$20,566
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
8.23%
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%
$411,320
$411.3K
Cap Rate 7%
$293,800
$293.8K
Cap Rate 9%
$228,511
$228.5K
Market Conditions
NOI Build-Up for 1,430 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
$34.3K $24.00/SF
− Vacancy
−$6.9K −$4.82/SF
EGI
$27.4K $19.18/SF
− OpEx
−$6.9K −$4.79/SF
NOI
$20.6K $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 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%
$411,320
Cap Rate 7%
$293,800
Cap Rate 9%
$228,511
Alternative Uses
Best Use
Office B
$293.8K
$257.1K – $342.8K
NOI $20,566 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.7K
$342.8K – $457.0K
NOI $27,422 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
969
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
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - End unit office space with a new roof and abundant on-site parking, ready for immediate occupancy.
Where is this office units located?
The property is located at 3840 Williamsburg Park Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: End unit office configuration; New roof; Move‑in ready condition
