Retail/Office Frontage
For Sale
Contact for pricing
4228 Blanding Blvd, Jacksonville, FL 32210
Commercial property with 100+ feet of frontage on Blanding Blvd and flexible zoning for retail, office, or service uses.
Property Size1,740 SF
Lot Size0.44 Acres
Price / SF$186.78
Days on Market291
Property Features for 4228 Blanding Blvd
General Information
Standard status
Active
Size
1,740 SF
Lot size
0.44 Acres
Property subtype
RETAIL
Additional Details
Traffic Count
40,000 vehicles/day
Listing Agency:
SVR Commercial
(904) 454-3856
Listed By:
Dean McCarthy · License #SL3568480
(904) 735-3326
Source:
Moodyscre
Added: Dec 1, 2025
Changed: Sep 15
Last Checked: Sep 18 at 12:05PM
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 SVR Commercial
Investment Insights
Based on property information with market context.
4228 Blanding Blvd is a commercial property designed for flexible occupancy, with zoning that allows for a range of retail, office, and service uses. The site is positioned with generous parking and a flexible configuration to support a variety of operations.
The property offers more than 100 feet of frontage on Blanding Blvd, supported by reported traffic counts exceeding 40,000 vehicles per day, providing prominent exposure for potential tenants or buyers.
With approximately 0.44 acres and a stated size of 1,740 square feet, the asset offers a straightforward footprint for businesses seeking a front-facing commercial location with on-site parking.
The property offers more than 100 feet of frontage on Blanding Blvd, supported by reported traffic counts exceeding 40,000 vehicles per day, providing prominent exposure for potential tenants or buyers.
With approximately 0.44 acres and a stated size of 1,740 square feet, the asset offers a straightforward footprint for businesses seeking a front-facing commercial location with on-site parking.
Key Highlights
- Over 100 ft of frontage on Blanding Blvd with traffic counts exceeding 40,000 vehicles per day
- Commercial zoning supports a wide range of retail, office, or service uses
- ±0.44‑acre lot with flexible site configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,666
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$393,320
$393.3K
Cap Rate 7%
$280,943
$280.9K
Cap Rate 9%
$218,511
$218.5K
Market Conditions
NOI Build-Up for 1,740 SF
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.
Gross rent
$31.3K $18.00/SF
− Vacancy
−$3.2K −$1.85/SF
EGI
$28.1K $16.15/SF
− OpEx
−$8.4K −$4.84/SF
NOI
$19.7K $11.30/SF
Area
ZIP 32210
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$393,320
Cap Rate 7%
$280,943
Cap Rate 9%
$218,511
Alternative Uses
Best Use
Retail
$280.9K
$245.8K – $327.8K
NOI $19,666 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.7K
$417.1K – $556.1K
NOI $33,366 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
40,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 35%
Electronics 4%
Burger King
Dining
7,742 visits/mo
0.1 miles
Wells Fargo
Shops & Services
7,462 visits/mo
0.0 miles
Ellianos Coffee
Dining
6,914 visits/mo
0.5 miles
BP
Shops & Services
5,174 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
4,859 visits/mo
0.4 miles
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property with 100+ feet of frontage on Blanding Blvd and flexible zoning for retail, office, or service uses.
Where is this retail space located?
The property is located at 4228 Blanding Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Over 100 ft of frontage on Blanding Blvd with traffic counts exceeding 40,000 vehicles per day; Commercial zoning supports a wide range of retail, office, or service uses; ±0.44‑acre lot with flexible site configuration
