2-Unit Office
4540 Southside Boulevard 603 & 604 # 603 & 604, Jacksonville, FL 32216
For Sale
New
$749,000
Pending
The units can function independently or connect for a larger office layout, with shared breakroom and coffee-bar areas.
Property Size2,400 SF
Days on Market5
Property Features for 4540 Southside Boulevard 603 & 604 # 603 & 604
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Additional Details
Office Units
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
kitchen breakroom
coffee bar area
Carpet,Tile
2
No
Cleared,Other
0.03
Additional Parking,Parking Lot
City Street
Building Details
Year Built
Stories
Listing Agency:
MARSH VIEW REAL ESTATE
(904) 525-2638
Listed By:
LINDA HALTER · License FL BK0667568
(904) 568-1470
Source:
Sievarealty
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 12 at 5:03AM
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 MARSH VIEW REAL ESTATE
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 2,400-square-foot office property comprises two units that may remain separate or be combined into a layout with up to 10 offices. Each unit has its own entrance and bathroom; the combined space also includes a kitchen breakroom and a coffee bar. A 500-square-foot heated and cooled area on the second floor is currently used for storage. One unit has a month-to-month tenant. The property was built in 1996 and is zoned Professional/Office.
The complex has a parking lot with additional parking and accommodates a range of professional businesses, including a title company and a dentist office. Water and sewer service are covered by the annual dues.
The complex has a parking lot with additional parking and accommodates a range of professional businesses, including a title company and a dentist office. Water and sewer service are covered by the annual dues.
Key Highlights
- 2,400 SF across two office units, with a layout that can accommodate up to 10 offices
- Each unit has a separate entrance and bathroom
- Includes a kitchen breakroom and coffee bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,517
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,340
$690.3K
Cap Rate 7%
$493,100
$493.1K
Cap Rate 9%
$383,522
$383.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.6K $24.00/SF
− Vacancy
−$11.6K −$4.82/SF
EGI
$46.0K $19.18/SF
− OpEx
−$11.5K −$4.79/SF
NOI
$34.5K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,340
Cap Rate 7%
$493,100
Cap Rate 9%
$383,522
Alternative Uses
Best Use
Office B
$493.1K
$431.5K – $575.3K
NOI $34,517 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
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
$244,800
Median Home Value
Market
Average Price Trend$/SF for Office Units in Jacksonville, FL
Properties on Market for Office Units in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - The units can function independently or connect for a larger office layout, with shared breakroom and coffee-bar areas.
Where is this office unit located?
The property is located at 4540 Southside Boulevard 603 & 604 # 603 & 604 Jacksonville, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,400 SF across two office units, with a layout that can accommodate up to 10 offices; Each unit has a separate entrance and bathroom; Includes a kitchen breakroom and coffee bar
