Multitenant Office
For Sale
Contact for pricing
4540 Southside Boulevard Units 501-504, Jacksonville, FL 32216
Single-story professional office space with flexible ownership or user occupancy options.
Property Size4,732 SF
Price / SF$294.80
Days on Market46
Property Features for 4540 Southside Boulevard Units 501-504
General Information
Standard status
Active
Size
4,732 SF
Property subtype
Office
Zoning
PUD
Occupancy
25%
Investment Type
Value Add
Additional Details
Highway Access
Yes
Office Units
4
Building Details
Year Built
1996
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
NAI Hallmark
Listed By:
Daniel Burkhardt · License #FL 3260896
(904) 806-9977
Source:
Crexi
Added: Aug 24
Changed: Sep 9
Last Checked: Oct 7 at 9:22AM
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 NAI Hallmark
Investment Insights
Based on property information with market context.
Units 501–504 comprise 4,732 square feet within a single-story, multitenant office condominium building at Southside Professional Center. Constructed in 1996, the property is currently 25% occupied and carries PUD zoning, supporting consideration by both investors and owner-users.
The property is located at 4540 Southside Boulevard in Jacksonville, Florida, less than one mile from J. Turner Butler Boulevard and I-95. Its position within the Southside Professional Center places the office units in an established professional corridor with direct proximity to two major transportation routes.
The property is located at 4540 Southside Boulevard in Jacksonville, Florida, less than one mile from J. Turner Butler Boulevard and I-95. Its position within the Southside Professional Center places the office units in an established professional corridor with direct proximity to two major transportation routes.
Key Highlights
- 4,732 SF of office condominium space across Units 501–504
- Single‑story, multitenant office condominium building
- 25% current occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,056
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,361,120
$1.4M
Cap Rate 7%
$972,229
$972.2K
Cap Rate 9%
$756,178
$756.2K
Market Conditions
NOI Build-Up for 4,732 SF
Gross rent
$113.6K $24.00/SF
− Vacancy
−$22.8K −$4.82/SF
EGI
$90.7K $19.18/SF
− OpEx
−$22.7K −$4.79/SF
NOI
$68.1K $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%
$1,361,120
Cap Rate 7%
$972,229
Cap Rate 9%
$756,178
Alternative Uses
Best Use
Office B
$972.2K
$850.7K – $1.13M
NOI $68,056 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,741 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,167
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
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Single-story professional office space with flexible ownership or user occupancy options.
Where is this office units located?
The property is located at 4540 Southside Boulevard Units 501-504 Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 4,732 SF of office condominium space across Units 501–504; Single‑story, multitenant office condominium building; 25% current occupancy
