Office Unit with On-Site
For Sale
$359,000
4131 UNIVERSITY Boulevard S 5, Jacksonville, FL 32216
Flexible office unit within a multi-tenant complex, offering on-site parking and access to Beach Boulevard and I-95.
Property Size1,840 SF
Days on Market202
Property Features for 4131 UNIVERSITY Boulevard S 5
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$4,143
Building Details
Building Size
1,840 SF
Year Built
1974
Listing Agency:
NEXTHOME ENDLESS SUMMER
Listed By:
ANDREW BELL · License #3618738,PersonLicenseNumber
(904) 294-3739
Source:
Houseandhavenrealty
Added: Apr 2
Changed: Oct 7
Last Checked: Oct 19 at 4:09PM
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 NEXTHOME ENDLESS SUMMER
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Investment Insights
Based on property information with market context.
Unit 5 is an office-oriented commercial space within a multi-tenant complex on University Boulevard South in Jacksonville. The property offers a flexible layout that can be adapted to business requirements, with on-site parking supporting daily access for occupants and visitors. The building dates to 1974.
The property is positioned along University Boulevard South with access to Beach Boulevard, identified as US-90, and I-95. Established businesses operate nearby within the complex, creating a commercial setting for professional office, medical or wellness, retail, and specialty service uses described for the unit. Its Jacksonville location places the space near residential communities and major thoroughfares.
The property is positioned along University Boulevard South with access to Beach Boulevard, identified as US-90, and I-95. Established businesses operate nearby within the complex, creating a commercial setting for professional office, medical or wellness, retail, and specialty service uses described for the unit. Its Jacksonville location places the space near residential communities and major thoroughfares.
Key Highlights
- Office Unit #5 within a multi‑tenant commercial complex
- Flexible layout suitable for customization
- On‑site parking for occupants and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,463
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,260
$529.3K
Cap Rate 7%
$378,043
$378.0K
Cap Rate 9%
$294,033
$294.0K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$44.2K $24.00/SF
− Vacancy
−$8.9K −$4.82/SF
EGI
$35.3K $19.18/SF
− OpEx
−$8.8K −$4.79/SF
NOI
$26.5K $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%
$529,260
Cap Rate 7%
$378,043
Cap Rate 9%
$294,033
Alternative Uses
Best Use
Office B
$378.0K
$330.8K – $441.1K
NOI $26,463 @ 7.0% cap · market cap 7.37%
Second Best
Retail
$297.1K
$260.0K – $346.6K
NOI $20,796 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$504.1K
$441.1K – $588.1K
NOI $35,284 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
Explore this area
Business Placement
Demographics for 32216, FL
42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office unit within a multi-tenant complex, offering on-site parking and access to Beach Boulevard and I-95.
Where is this office unit located?
The property is located at 4131 UNIVERSITY Boulevard S 5 Jacksonville, FL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Office Unit #5 within a multi‑tenant commercial complex; Flexible layout suitable for customization; On‑site parking for occupants and visitors
