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    Move-in Ready Medical Office Building Title is generated by Realmo AI

    4131 University Blvd S, Jacksonville, FL

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    Renovated medical office near hospitals, high visibility location.

    Type:OFFICE
    Property size:
    6,686 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $192/SF
    Added:
    Jun 13, 2023
    Days on Market:
    1101
    Last Refresh:
    May 20 at 8:05 pm

    Property Features for 4131 University Blvd S

    General Information

    Standard status
    Active
    Size
    6,686 SF
    Lot size
    0.26 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 4131 University Blvd S Contact us

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    Listing Contact
    Brent Dennis

    Listing agent Brent Dennis License #FL 3382471

    Listing office Prime Realty

    Listing date Jun 13, 2023

    Source Moodyscre

    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 Prime Realty

    HighLights

    • Move‑in ready medical office building with newly renovated interior.
    • Prime location near major healthcare providers (Memorial Hospital, Brooks Rehabilitation) and the South Bank medical corridor.
    • High visibility location with 40,000+ vehicles per day.
    • Multiple exam rooms with sinks, seven restrooms, large waiting room, and private offices.
    • New roof, floors, windows, and interior paint.
    • Building can be divided to accommodate multiple tenants.

    Overview

    This move-in ready medical office building features a newly renovated interior and can be delivered furnished. The building has a new roof, floors, windows, and interior paint. It contains seven restrooms, a large waiting room, and multiple private offices. All exam rooms include sinks. All three HVACs are in working order, with two HVACs being two years old. The 6,686 square foot building can be divided to accommodate multiple tenants. Medical furniture is in place and can be leased or sold separately. The office park is located just five minutes from large healthcare providers including Memorial Hospital, Brooks Rehabilitation, and the dense medical corridor of Jacksonville's South Bank. Situated just off University Blvd S, the building benefits from high visibility, with over 40,000 vehicles per day. This location is suitable for healthcare professionals looking to provide their services in one of the fastest-growing submarkets of Jacksonville.

    Local Financial Insights For Healthcare Medical

    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 $200.6k $30.00
    − Vacancy −$20.1k −$3.00
    EGI $180.5k $27.00
    − OpEx −$72.2k −$10.80
    NOI $108.3k $16.20
    6,686 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.55M
    $1.35M – $1.81M (±1% cap)
    NOI $108,313 @ 7.0% cap · market cap 8.43%
    Second Best
    Office B
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,158 @ 7.0% cap · market cap 7.48%
    Theoretical Best
    Office A
    $1.83M
    $1.60M – $2.14M (±1% cap)
    NOI $128,211 @ 7.0% cap · market cap 9.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Carlos J Santiago ... Dental Office Women's Care Florida ... Physician SilverLink Consulting Nursing Home Dr. John C. ... Pediatrician American Hearing Care Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6
    Latitude
    30.2822

    FAQs

    What type of property is this?
    Medical Office Space - Renovated medical office near hospitals, high visibility location.
    Where is this medical office space located?
    The property is located at 4131 University Blvd S Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: Move‑in ready medical office building with newly renovated interior.; Prime location near major healthcare providers (Memorial Hospital, Brooks Rehabilitation) and the South Bank medical corridor.; High visibility location with 40,000+ vehicles per day.
    (904) 352-1400 Call to check price and availability
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