Office Condominium with Private
For Sale
$349,900
403-9471 Baymeadows Rd, Jacksonville, FL 32217
A reception area and conference room serve a flexible suite with four to five private offices.
Property Size1,200 SF
Price / SF$291.58
Days on Market37
Property Features for 403-9471 Baymeadows Rd
General Information
Standard status
Active
Size
1,200 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
HOA Fee
$514
Taxes and HOA fees
Annual Taxes
$3,800
Listing Agency:
KINKADE COMMERCIAL REAL ESTATE
(904) 801-3885
Listed By:
AMANDA CARR KINKADE · License #3084673
(904) 635-6376
Source:
Exprealty
Added: Sep 14
Changed: Oct 19
Last Checked: Oct 19 at 2:36PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium contains approximately 1,200 SF, arranged with a reception area, conference room, and four to five private offices. It is part of Baymeadows Place Office Park, where landscaped grounds surround the rear-positioned unit and provide a more secluded setting within the complex.
The property is accessible from the park’s main entrance to Baymeadows Road and is close to I-95. The office park is maintained, and the suite is configured for professional office use.
The property is accessible from the park’s main entrance to Baymeadows Road and is close to I-95. The office park is maintained, and the suite is configured for professional office use.
Key Highlights
- Approximately 1,200 SF of office condominium space
- Reception area and conference room
- Four to five private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,258
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,160
$345.2K
Cap Rate 7%
$246,543
$246.5K
Cap Rate 9%
$191,756
$191.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$28.8K $24.00/SF
− Vacancy
−$5.8K −$4.82/SF
EGI
$23.0K $19.18/SF
− OpEx
−$5.8K −$4.79/SF
NOI
$17.3K $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%
$345,160
Cap Rate 7%
$246,543
Cap Rate 9%
$191,756
Alternative Uses
Best Use
Office B
$246.5K
$215.7K – $287.6K
NOI $17,258 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$328.7K
$287.6K – $383.5K
NOI $23,011 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Explore this area
Business Placement
Demographics for 32217, FL
20,543
Population
9,632
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
3,804
Density / Sq Mi
$69,742
Median Household Income
$44,147
Median Earnings
$1,190
Median Rent
$291,300
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - A reception area and conference room serve a flexible suite with four to five private offices.
Where is this office unit located?
The property is located at 403-9471 Baymeadows Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approximately 1,200 SF of office condominium space; Reception area and conference room; Four to five private offices
