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Commercial Land with Existing Building
For Sale
$600,000

4402 OLD SALISBURY Road, Jacksonville, FL 32216

Commercial Sale, Jacksonville, FL

Property Size3,000 SF
Lot Size1.10 Acres
Price / SF$200
Days on Market94

Property Features for 4402 OLD SALISBURY Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking features Parking Lot
Subdivision Southside Farms
Lot features Uplands
Directions From Downtown Jacksonville, take I-95 south. Take exit 346A / University W. Take a right on Spring Park, a left on Bowden, a right on Southpoint and a right on Old Salisbury Rd.
Standard status Active
APN 1528400010
Size 3,000 SF
Lot size 1.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7215

Utilities

Sewer type Septic Tank
Cooling system Central Air
Water source Public
Water front 1

Building Details

Year built 1975
Floors in Building 1
Building materials Concrete
Listing Agency: KELLER WILLIAMS ST JOHNS · Keller Williams Realty
Listed By: CHRISTINA WELCH · License #3186165
Added: Jul 14 Changed: Oct 2 Last Checked: Oct 15 at 11:06AM
MLS# 2155224

Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.10-acre commercial land parcel includes a 3,000-square-foot freestanding concrete building constructed in 1975. The structure was formerly used as a dental practice and requires full rehabilitation before use. Central air is installed, and the property includes a paved parking lot.

The site is positioned directly along the I-95 corridor in Jacksonville, providing highway-facing exposure. CCG-1 zoning is identified for medical, professional office, and retail applications, with the property offered in its existing condition. Public water is available, while wastewater service is provided by a septic tank.

Key Highlights

  • 1.10‑acre commercial land parcel along the I‑95 corridor
  • Existing 3,000 SF freestanding concrete building
  • Building constructed in 1975 and requiring full rehabilitation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,600
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,000 $972.0K
Cap Rate 7%
$694,286 $694.3K
Cap Rate 9%
$540,000 $540.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$90.0K $30.00/SF
− Vacancy
−$9.0K −$3.00/SF
EGI
$81.0K $27.00/SF
− OpEx
−$32.4K −$10.80/SF
NOI
$48.6K $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 Rate 5%
$972,000
Cap Rate 7%
$694,286
Cap Rate 9%
$540,000

Alternative Uses

Best Use
Healthcare Medical
$694.3K
$607.5K – $810.0K (±1% cap)
NOI $48,600 @ 7.0% cap · market cap 8.10%
Second Best
Office B
$616.4K
$539.3K – $719.1K (±1% cap)
NOI $43,146 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$821.8K
$719.1K – $958.8K (±1% cap)
NOI $57,528 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Coastal Dental Services Physician Aaple Dental Dental Office

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,356
Businesses Nearby

Demographics for 32216, FL

42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - CCG-1-zoned parcel with an existing structure requiring full rehabilitation.
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 land parcel along the I‑95 corridor; Existing 3,000 SF freestanding concrete building; Building constructed in 1975 and requiring full rehabilitation
More about this property
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