North Main Street Office
505-13453 N Main St Jacksonville, FL 32233
505-13453 N Main St, Jacksonville, FL, 32233
$278,000
Pending
For Sale
$278,000
Pending
Commercial office condo investment opportunity, fully occupied until 2029.
Property Size1,250 SF
Days on Market377
Property Features for 505-13453 N Main St
General Information
- Standard status
- Pending
- Size
- 1,250 SF
Listing Agency
CENTURY 21 INTEGRA
(904) 614-8585
Listed by
DEBBIE FARAH · License #3519428
(904) 614-8585
Source
Exprealty
Added: Jul 8, 2025 Checked: Jul 18 at 8:08 pm
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 CENTURY 21 INTEGRA
Investment Insights
Based on property information with market context.
This commercial office condo, situated on North Main Street, offers an investment opportunity. The property is currently fully occupied until 2029, with annual rent increases. The property offers a competitive 7% cap rate.
Key Highlights
- Prime commercial office condo: Excellent investment opportunity.
- Located on prestigious North Main Street.
- Competitive 7% cap rate.
Local Financial Insights For Office B
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 | $30.0k | $24.00 |
| − Vacancy | −$6.0k | −$4.82 |
| EGI | $24.0k | $19.18 |
| − OpEx | −$6.0k | −$4.79 |
| NOI | $18.0k | $14.38 |
1,250 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$256.8K
$224.7K – $299.6K
NOI $17,978 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.4K
$299.6K – $399.5K
NOI $23,970 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial office condo investment opportunity, fully occupied until 2029.
Where is this office units located?
The property is located at 505-13453 N Main St Jacksonville, FL.
What is the asking price?
The asking price for this property is $278,000.
What are key features of this property?
This property features: Prime commercial office condo: **Excellent investment opportunity**.; Located on prestigious North Main Street.; Competitive 7% cap rate.
