Multi-Tenant Office
4131 University Boulevard South Jacksonville, FL 32216
4131 University Boulevard South, Jacksonville, FL, 32216
$379,000
For Sale
$379,000
Commercial Sale, Other - Jacksonville, FL
Property Size1,840 SF
Lot Size0.26 Acres
Price / SF$205.98
Days on Market107
Property Features for 4131 University Boulevard South
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,840 SF
- Lot size
- 0.26 Acres
Building Details
- Year built
- 1974
- Architectural style
- Other
Listing Agency
NextHome Endless Summer
(386) 871-8888
4869 Palm Coast Parkway Northwest, FL
Listed by
Andrew Bell · License #3618738,PersonLicenseNumber
(904) 294-3739
Added: Apr 2 Checked: Jul 17 at 6:06 am
MLS# FC317154
Listing URL
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Investment Insights
Based on property information with market context.
Located in a multi-tenant commercial complex, suite #5 at 4131 University Boulevard South offers a versatile interior layout for a range of professional and service-oriented uses. The space is positioned to support flexible buildout needs while providing convenient on-site parking for clients and employees.
The suite sits along the well-traveled University Boulevard South corridor, with convenient access to Beach Boulevard (US-90) and I-95. The location places the property in proximity to surrounding residential areas and established neighboring businesses.
Offered for sale as a commercial unit with a stated size of 1,840 square feet and an overall site size of 0.26 acres, this suite is a straightforward option for owner-users or investors seeking space within a busy Jacksonville commercial corridor.
The suite sits along the well-traveled University Boulevard South corridor, with convenient access to Beach Boulevard (US-90) and I-95. The location places the property in proximity to surrounding residential areas and established neighboring businesses.
Offered for sale as a commercial unit with a stated size of 1,840 square feet and an overall site size of 0.26 acres, this suite is a straightforward option for owner-users or investors seeking space within a busy Jacksonville commercial corridor.
Key Highlights
- Commercial unit in a multi‑tenant complex at 4131 University Blvd S #5
- Year built: 1974
- On‑site parking and easy accessibility for clients and employees
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 | $55.2k | $30.00 |
| − Vacancy | −$5.5k | −$3.00 |
| EGI | $49.7k | $27.00 |
| − OpEx | −$19.9k | −$10.80 |
| NOI | $29.8k | $16.20 |
1,840 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$425.8K
$372.6K – $496.8K
NOI $29,808 @ 7.0% cap · market cap 7.86%
Second Best
Office B
$378.0K
$330.8K – $441.1K
NOI $26,463 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$504.1K
$441.1K – $588.1K
NOI $35,284 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Office suite in a multi-tenant complex with on-site parking and a flexible layout near major thoroughfares.
Where is this office units located?
The property is located at 4131 University Boulevard South Jacksonville, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Commercial unit in a multi‑tenant complex at 4131 University Blvd S #5; Year built: 1974; On‑site parking and easy accessibility for clients and employees
