Redevelopment Office Land
4402 Old Salisbury Road Jacksonville, FL 32216
4402 Old Salisbury Road, Jacksonville, FL, 32216
$600,000
For Sale
$600,000
An I-95 visible parcel with an existing 3,000 SF freestanding building, expansive paved parking, and an as-is rehab requirement.
Property Size3,000 SF
Lot Size1.10 Acres
Price / SF$200
Days on Market9
Property Features for 4402 Old Salisbury Road
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 1.10 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing agency
KELLER WILLIAMS ST JOHNS
(904) 404-1640
Listed by
CHRISTINA WELCH · License #3186165
(904) 404-1640
Source
Giffordproperties
Added: Jul 14 Updated: Jul 22 at 6:43PM Checked: Jul 22 at 6:43PM
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 KELLER WILLIAMS ST JOHNS
Investment Insights
Based on property information with market context.
This offering includes a 1.10-acre commercial land parcel with an existing freestanding building totaling approximately 3,000 SF. The building was most recently used as a dental practice and requires a full rehabilitation to be useful. The property also features an expansive paved parking lot, providing immediate on-site parking capacity for future redevelopment plans.
The site is positioned for high-visibility exposure directly along the I-95 corridor. The property is described as having highly flexible CCG-1 zoning, which is noted in the remarks as supporting a range of potential development directions, including medical, professional office, retail, and potential hotel and multifamily development.
The property is being sold as-is, with the purchase value presented primarily on land value and highway presence. The last two photos are identified as concepts.
The site is positioned for high-visibility exposure directly along the I-95 corridor. The property is described as having highly flexible CCG-1 zoning, which is noted in the remarks as supporting a range of potential development directions, including medical, professional office, retail, and potential hotel and multifamily development.
The property is being sold as-is, with the purchase value presented primarily on land value and highway presence. The last two photos are identified as concepts.
Key Highlights
- 1.10‑acre commercial parcel with high‑traffic exposure directly along the I‑95 corridor
- Includes a 3,000 SF freestanding building (former dental practice)
- Expansive paved parking lot for on‑site customer/visitor parking
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 | $90.0k | $30.00 |
| − Vacancy | −$9.0k | −$3.00 |
| EGI | $81.0k | $27.00 |
| − OpEx | −$32.4k | −$10.80 |
| NOI | $48.6k | $16.20 |
3,000 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$694.3K
$607.5K – $810.0K
NOI $48,600 @ 7.0% cap · market cap 8.10%
Second Best
Office B
$616.4K
$539.3K – $719.1K
NOI $43,146 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$821.8K
$719.1K – $958.8K
NOI $57,528 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coastal Dental Services
Physician
Aaple Dental
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - An I-95 visible parcel with an existing 3,000 SF freestanding building, expansive paved parking, and an as-is rehab requirement.
Where is this commercial land located?
The property is located at 4402 Old Salisbury Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1.10‑acre commercial parcel with high‑traffic exposure directly along the I‑95 corridor; Includes a 3,000 SF freestanding building (former dental practice); Expansive paved parking lot for on‑site customer/visitor parking
