Commercial Office Building with Rental
For Sale
Contact for pricing
5209 San Jose Blvd, Jacksonville, FL 32207
Zoned Commercial Office (CO) property with frontage/exposure along San Jose Blvd and documented traffic counts of 24,500 AADT.
Property Size5,184 SF
Price / SF$192.11
Days on Market182
Property Features for 5209 San Jose Blvd
General Information
Standard status
Active
Size
5,184 SF
Property subtype
OFFICE
Listing Agency:
Kinkade Commercial Real Estate
(904) 801-3885
Listed By:
Cameron Mesh · License #SL3619703
(904) 460-7676
Source:
Moodyscre
Added: Apr 17
Changed: Oct 7
Last Checked: Oct 14 at 8:54PM
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 Kinkade Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial office building is zoned Commercial Office (CO) and offers a layout well-suited for an owner-user scenario with rental income. The property is positioned to capture visibility from its street frontage and offers income support alongside the option to occupy.
The asset has exposure along San Jose Blvd in the Mandarin area. Traffic counts are listed at 24,500 AADT, supporting its day-to-day visibility for office users and visitors.
If you’re looking for a CO-zoned office property with both occupancy flexibility and rental income potential, this San Jose Blvd-fronted building is worth considering.
The asset has exposure along San Jose Blvd in the Mandarin area. Traffic counts are listed at 24,500 AADT, supporting its day-to-day visibility for office users and visitors.
If you’re looking for a CO-zoned office property with both occupancy flexibility and rental income potential, this San Jose Blvd-fronted building is worth considering.
Key Highlights
- Zoned Commercial Office (CO)
- Frontage and exposure along San Jose Blvd.
- Documented traffic counts of 24,500 AADT along San Jose Blvd.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,556
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,491,120
$1.5M
Cap Rate 7%
$1,065,086
$1.1M
Cap Rate 9%
$828,400
$828.4K
Market Conditions
NOI Build-Up for 5,184 SF
Gross rent
$124.4K $24.00/SF
− Vacancy
−$25.0K −$4.82/SF
EGI
$99.4K $19.18/SF
− OpEx
−$24.9K −$4.79/SF
NOI
$74.6K $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%
$1,491,120
Cap Rate 7%
$1,065,086
Cap Rate 9%
$828,400
Alternative Uses
Best Use
Office B
$1.07M
$932.0K – $1.24M
NOI $74,556 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,408 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 32207, FL
36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
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
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Frequently Asked Questions
What type of property is this?
Office building - Zoned Commercial Office (CO) property with frontage/exposure along San Jose Blvd and documented traffic counts of 24,500 AADT.
Where is this office building located?
The property is located at 5209 San Jose Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $995,900.
What are key features of this property?
This property features: Zoned Commercial Office (CO); Frontage and exposure along San Jose Blvd.; Documented traffic counts of 24,500 AADT along San Jose Blvd.
