Second-Floor Office
419A COLLEGE Drive, Middleburg, FL 32068
For Sale
New
Contact for pricing
A compact professional workspace with utilities included and a restriction against retail use.
Property Size120 SF
Price / SF$3.33
Days on Market4
Property Features for 419A COLLEGE Drive
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Property Use
Building Details
Year Built
Listing Agency:
NORTH FLORIDA REALTY ADVISORS
(904) 206-7653
Listed By:
STANLEY H BISHOP · License FL #3131038
(904) 237-2933
Source:
Endlesssummerrealty
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 4:37PM
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 NORTH FLORIDA REALTY ADVISORS
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 second-floor office unit at 419A College Drive offers approximately 120 square feet, with dimensions of about 12 by 10 feet. Utilities are included, and retail use is not permitted.
The property is located on College Drive in Middleburg, Florida. The space is suited to office and administrative activity.
The property is located on College Drive in Middleburg, Florida. The space is suited to office and administrative activity.
Key Highlights
- Approximately 120 square feet, measuring about 12 feet by 10 feet
- Second‑floor office space at 419A College Drive in Middleburg
- Utilities included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$33,600
$33.6K
Cap Rate 7%
$24,000
$24.0K
Cap Rate 9%
$18,667
$18.7K
Market Conditions
NOI Build-Up for 120 SF
Gross rent
$2.9K $24.00/SF
− Vacancy
−$639 −$5.33/SF
EGI
$2.2K $18.67/SF
− OpEx
−$560 −$4.67/SF
NOI
$1.7K $14.00/SF
Area
Clay County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$33,600
Cap Rate 7%
$24,000
Cap Rate 9%
$18,667
Alternative Uses
Best Use
Office B
$24.0K
$21.0K – $28.0K
NOI $1,680 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$32.0K
$28.0K – $37.4K
NOI $2,241 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 32068, FL
57,458
Population
21,830
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
115.5 sq mi
ZIP Area
497
Density / Sq Mi
$82,410
Median Household Income
$42,615
Median Earnings
$1,411
Median Rent
$264,300
Median Home Value
Market
Average Price Trend$/SF for Office Units in Clay County, FL
Properties on Market for Office Units in Clay County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A compact professional workspace with utilities included and a restriction against retail use.
Where is this office unit located?
The property is located at 419A COLLEGE Drive Middleburg, FL.
What are key features of this property?
This property features: Approximately 120 square feet, measuring about 12 feet by 10 feet; Second‑floor office space at 419A College Drive in Middleburg; Utilities included
