Two-Suite Office
New
For Sale
$290,000
5346 TIMUQUANA Road, Jacksonville, FL 32210
A compact office property pairs two suites with central HVAC, on-site parking, and a fenced rear yard.
Property Size1,080 SF
Lot Size0.77 Acres
Price / SF$268.52
Days on Market6
Property Features for 5346 TIMUQUANA Road
General Information
Standard status
Active
Size
1,080 SF
Lot size
0.77 Acres
Property subtype
Office
Zoning
CCG-1, RLD-60
Site & Location
Neighborhood
Wesconnett
Additional Details
Office Units
2
Property Use
Office
Building Details
Year Built
1970
Buildings
1
Construction
concrete block
Tenancy
Multi
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
(904) 739-0717
Listed By:
ARCHIE LEE STALEY · License #3620098
(904) 251-9944
Source:
Endlesssummerrealty
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 24 at 6:38PM
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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
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Investment Insights
Based on property information with market context.
Set on 0.77 acres, this office property includes a 1,080 SF concrete-block building constructed in 1970 and configured as two suites. One suite has a private restroom and shower; the other has its own private restroom. Interior features include central HVAC and tile flooring, with asphalt and concrete parking on site and a fenced area behind the building.
The property fronts Timuquana Rd and is near Roosevelt Blvd, NAS Jacksonville, and established residential neighborhoods. Zoning varies across the site: the front portion is CCG 1, while the rear portion is RLD 60. The property is offered for sale on a commercial contract; zoning and permitted uses are subject to buyer verification.
The property fronts Timuquana Rd and is near Roosevelt Blvd, NAS Jacksonville, and established residential neighborhoods. Zoning varies across the site: the front portion is CCG 1, while the rear portion is RLD 60. The property is offered for sale on a commercial contract; zoning and permitted uses are subject to buyer verification.
Key Highlights
- 0.77‑acre office property with a 1,080 SF concrete‑block building
- Two suites; one has a private restroom and shower, and the other has a private restroom
- Built in 1970; central HVAC and tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,124
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
$302.5K
Cap Rate 7%
$216,057
$216.1K
Cap Rate 9%
$168,044
$168.0K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$25.9K $24.00/SF
− Vacancy
−$5.8K −$5.33/SF
EGI
$20.2K $18.67/SF
− OpEx
−$5.0K −$4.67/SF
NOI
$15.1K $14.00/SF
Area
ZIP 32210
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,480
Cap Rate 7%
$216,057
Cap Rate 9%
$168,044
Alternative Uses
Best Use
Office B
$216.1K
$189.1K – $252.1K
NOI $15,124 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,710 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office building - A compact office property pairs two suites with central HVAC, on-site parking, and a fenced rear yard.
Where is this office building located?
The property is located at 5346 TIMUQUANA Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 0.77‑acre office property with a 1,080 SF concrete‑block building; Two suites; one has a private restroom and shower, and the other has a private restroom; Built in 1970; central HVAC and tile flooring
