Freestanding Medical Office
For Sale
$940,000
4365 Losco Road, Jacksonville, FL 32257
Seven bathrooms, private rooms, and paved parking support separated professional operations.
Property Size3,222 SF
Price / SF$291.74
Days on Market175
Property Features for 4365 Losco Road
General Information
Standard status
Active
Size
3,222 SF
Property subtype
Commercial
Zoning
PUD
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$940,000
Taxes and HOA fees
Annual Taxes
$500
Building Details
Building Size
3,222 SF
Year Built
1960
Buildings
1
Stories
1
Units
1
Construction
masonry
Listing Agency:
IRON VALLEY REAL ESTATE NORTH FLORIDA
(229) 444-4335
Listed By:
JENNIFER CHAMPAGNE
(229) 444-4335
Source:
Modernrealtyputnam
Added: Feb 16
Changed: Aug 3
Last Checked: Aug 9 at 1:12PM
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 IRON VALLEY REAL ESTATE NORTH FLORIDA
Investment Insights
Based on property information with market context.
This freestanding medical office property at 4365 Losco Road includes a 3,222 heated SF masonry building constructed in 1960. The interior is arranged with approximately seven private rooms, seven bathrooms, and two showers. A utility room provides washer/dryer hookups and a utility sink, while the paved parking area serves the building directly. The property is zoned PUD and is offered as real estate only, excluding the business.
The building is positioned approximately ¼ mile from I-295 and Old St. Augustine Rd, with frontage on Losco Rd. Its setting is within a high-traffic corridor serving established residential and commercial areas. A professional environmental assessment was completed February 5, 2026.
The building is positioned approximately ¼ mile from I-295 and Old St. Augustine Rd, with frontage on Losco Rd. Its setting is within a high-traffic corridor serving established residential and commercial areas. A professional environmental assessment was completed February 5, 2026.
Key Highlights
- 3,222 heated SF masonry medical office building constructed in 1960
- Approximately seven private rooms provide functional interior separation
- Seven (7) bathrooms, including two (2) showers
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
$52,196
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
5.55%
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%
$1,043,920
$1.0M
Cap Rate 7%
$745,657
$745.7K
Cap Rate 9%
$579,956
$580.0K
Market Conditions
NOI Build-Up for 3,222 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
$96.7K $30.00/SF
− Vacancy
−$9.7K −$3.00/SF
EGI
$87.0K $27.00/SF
− OpEx
−$34.8K −$10.80/SF
NOI
$52.2K $16.20/SF
Area
Jacksonville, FL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
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%
$1,043,920
Cap Rate 7%
$745,657
Cap Rate 9%
$579,956
Alternative Uses
Best Use
Healthcare Medical
$745.7K
$652.5K – $869.9K
NOI $52,196 @ 7.0% cap · market cap 5.55%
Second Best
Office B
$662.0K
$579.2K – $772.3K
NOI $46,339 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$882.6K
$772.3K – $1.03M
NOI $61,785 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32257, FL
41,439
Population
18,465
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
3,369
Density / Sq Mi
$75,180
Median Household Income
$45,772
Median Earnings
$1,441
Median Rent
$305,000
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Seven bathrooms, private rooms, and paved parking support separated professional operations.
Where is this medical office space located?
The property is located at 4365 Losco Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: 3,222 heated SF masonry medical office building constructed in 1960; Approximately seven private rooms provide functional interior separation; Seven (7) bathrooms, including two (2) showers
