Multi-Unit Office
3890 Dunn Avenue Jacksonville, FL 32218
3890 Dunn Avenue, Jacksonville, FL, 32218
Contact for pricing
For Sale
Contact for pricing
Pending
Multi-tenant building with four units and full occupancy, positioned for office or medical operations at 3890 Dunn Avenue.
Property Size9,120 SF
Days on Market56
Property Features for 3890 Dunn Avenue
General Information
- Standard status
- Pending
- Size
- 9,120 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing agency
SVR Commercial LLC Ponte Vedra Beach
(904) 930-4459
Listed by
Vasha Carter · License #FLSL 3429129
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:49PM Checked: Jul 20 at 6:57AM
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 SVR Commercial LLC Ponte Vedra Beach
Investment Insights
Based on property information with market context.
This for-sale multi-unit office building contains four separate units within a total 4,560 SF property. The offering is currently 100% occupied, with the existing configuration supporting office and medical use.
Located at 3890 Dunn Avenue in Jacksonville, FL 32218, the property is presented as a turnkey option for buyers seeking an income-producing office asset with established tenancy. The public remarks describe the site as being in a sought-after area.
For prospective tenants, the four-unit layout can align well with professional needs that support either office or medical operations, depending on individual space requirements. For buyers, the key operational feature is the fully leased status, with the property positioned to support continued occupancy under its current unit-based arrangement. Please note that further details on unit mix, interior condition, and any specific tenant terms are not included in the provided information.
Located at 3890 Dunn Avenue in Jacksonville, FL 32218, the property is presented as a turnkey option for buyers seeking an income-producing office asset with established tenancy. The public remarks describe the site as being in a sought-after area.
For prospective tenants, the four-unit layout can align well with professional needs that support either office or medical operations, depending on individual space requirements. For buyers, the key operational feature is the fully leased status, with the property positioned to support continued occupancy under its current unit-based arrangement. Please note that further details on unit mix, interior condition, and any specific tenant terms are not included in the provided information.
Key Highlights
- 4,560 SF multi‑tenant building built in 2007
- 4 total units and currently 100% occupied
- Address: 3890 Dunn Avenue in Jacksonville, FL
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $218.9k | $24.00 |
| − Vacancy | −$48.6k | −$5.33 |
| EGI | $170.3k | $18.67 |
| − OpEx | −$42.6k | −$4.67 |
| NOI | $127.7k | $14.00 |
9,120 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.60M – $2.13M
NOI $127,716 @ 7.0% cap · market cap 8.51%
Second Best
Healthcare Medical
$1.82M
$1.59M – $2.12M
NOI $127,126 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
NOI $170,289 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Multi-tenant building with four units and full occupancy, positioned for office or medical operations at 3890 Dunn Avenue.
Where is this office units located?
The property is located at 3890 Dunn Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,560 SF multi‑tenant building built in 2007; 4 total units and currently 100% occupied; Address: 3890 Dunn Avenue in Jacksonville, FL
