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Fully Leased Quadplex
For Sale
$410,000

5340 WESTCHASE Court, Jacksonville, FL 32210

Commercial Sale, Jacksonville, FL

Property Size2,916 SF
Lot Size1.00 Acre
Price / SF$140.60
Days on Market52

Property Features for 5340 WESTCHASE Court

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi Family
Parking features Parking Lot
Lot features Cleared
Directions From I-10 W, take I-295 S to 134 W/103rd St. Take exit 16 from I-295 S Head W on 103 St. and take a right onto Westchase Ct.
Subdivision 063-Jacksonville Heights/Oak Hill/English Estates
Standard status Active
APN 013843-0505
Size 2,916 SF
Lot size 1.00 Acre

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 2
Number of units 4
Building materials Stucco
Roof type Shingle
Listing Agency: KELLER WILLIAMS ST JOHNS · Keller Williams Realty
Listed By: CHRISTINA WELCH · License #3186165
Added: Aug 27 Changed: Sep 1 Last Checked: Oct 17 at 5:06PM
MLS# 2162840

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.

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Investment Insights

Based on property information with market context.

This quadplex contains 2,916 square feet on a 1-acre parcel in Jacksonville, Florida. Built in 1984, the stucco-clad property has central heating and central air conditioning, along with a shingle roof, public water service, and an on-site parking lot. The asset is currently fully leased with 100% occupancy and active tenants in place.

The property is located near major logistics routes, retail centers, and commercial hubs in West Jacksonville. Its parcel size supports resident parking and provides additional land area within the existing site configuration.

Key Highlights

  • 2,916‑square‑foot quadplex on a 1‑acre parcel
  • 100% occupancy with active leases in place
  • Built in 1984 with stucco construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,380
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600 $547.6K
Cap Rate 7%
$391,143 $391.1K
Cap Rate 9%
$304,222 $304.2K
Market Conditions
NOI Build-Up for 2,916 SF
Gross rent
$43.0K $14.76/SF
− Vacancy
−$3.9K −$1.35/SF
EGI
$39.1K $13.41/SF
− OpEx
−$11.7K −$4.02/SF
NOI
$27.4K $9.39/SF
Area
ZIP 32210
Vacancy
9.12%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,600
Cap Rate 7%
$391,143
Cap Rate 9%
$304,222

Alternative Uses

Best Use
Multifamily LT 5
$391.1K
$342.3K – $456.3K (±1% cap)
NOI $27,380 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$308.2K
$269.7K – $359.6K (±1% cap)
NOI $21,574 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$798.8K
$699.0K – $932.0K (±1% cap)
NOI $55,917 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Dental Office

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 32210, FL

66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Residential property includes central HVAC, a parking lot, and public water service.
Where is this quadplex located?
The property is located at 5340 WESTCHASE Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 2,916‑square‑foot quadplex on a 1‑acre parcel; 100% occupancy with active leases in place; Built in 1984 with stucco construction
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