Two-Suite Office
For Sale
$300,000
5346 TIMUQUANA Road, Jacksonville, FL 32210
Commercial Sale, Jacksonville, FL
Property Size1,080 SF
Lot Size0.77 Acres
Price / SF$277.78
Days on Market184
Property Features for 5346 TIMUQUANA Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot
Directions
.77 acre commercial site on Timuquana Rd. From Roosevelt Blvd US 17 head west on Timuquana Rd, property is just west of Ortega Farms Blvd.
Subdivision
056-Yukon/Wesconnett/oak Hill
Standard status
Active
APN
1032430010
Size
1,080 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2757
Utilities
Water source
Well
Amenities
private restroom and shower
private restroom
central HVAC
tile flooring
fenced rear yard area
Building Details
Year built
1970
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
(904) 739-0717
Listed By:
ARCHIE LEE STALEY
(904) 251-9944
Added: Feb 24
Changed: Aug 19
Last Checked: Aug 27 at 5:06PM
MLS# 2132186
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.
Investment Insights
Based on property information with market context.
This 1,080-square-foot concrete block office property contains two suites within a 1970 building. One suite has a dedicated restroom and shower, while the other includes its own restroom. Central HVAC and tile flooring serve the interior, with asphalt and concrete parking on site and a fenced rear yard for additional functional space.
The property occupies 0.77 acres along Timuquana Road in Jacksonville, near Roosevelt Boulevard, NAS Jacksonville, and established residential neighborhoods. The front portion carries CCG 1 zoning, supporting commercial uses such as retail, office, medical, and service businesses; the rear portion is zoned RLD 60. Buyers should verify zoning and permitted uses.
The property occupies 0.77 acres along Timuquana Road in Jacksonville, near Roosevelt Boulevard, NAS Jacksonville, and established residential neighborhoods. The front portion carries CCG 1 zoning, supporting commercial uses such as retail, office, medical, and service businesses; the rear portion is zoned RLD 60. Buyers should verify zoning and permitted uses.
Key Highlights
- 1,080 SF concrete block office building constructed in 1970
- Two suites with dedicated restroom access; one includes a shower
- Front portion zoned CCG 1; rear portion zoned RLD 60
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,124
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 5.04%
Second Best
Retail
$174.4K
$152.6K – $203.4K
NOI $12,206 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,710 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
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
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 - Two separately configured suites offer dedicated restroom access, central HVAC, tile flooring, and on-site parking.
Where is this office units located?
The property is located at 5346 TIMUQUANA Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,080 SF concrete block office building constructed in 1970; Two suites with dedicated restroom access; one includes a shower; Front portion zoned CCG 1; rear portion zoned RLD 60
