University Plaza Outparcel For
5730 University Blvd W Jacksonville, FL 32216
5730 University Blvd W, Jacksonville, FL, 32216
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For Sale
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Outparcel on University Blvd W with redevelopment potential.
Property Size6,424 SF
Lot Size1.23 Acres
Price / SF$342.47
Days on Market124
Property Features for 5730 University Blvd W
General Information
- Standard status
- Active
- Size
- 6,424 SF
- Lot size
- 1.23 Acres
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1974
Listing Agency
Ashco Centers
Listed by
Tiffany Ashurian · License #SL3469642
Source
Crexi
Added: Mar 16 Checked: Jul 15 at 2:08 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 Ashco Centers
Investment Insights
Based on property information with market context.
The University Plaza Outparcel is located at 5730 University Blvd W in Jacksonville, FL. The property is strategically positioned on University Blvd W, between I-95 and Beach Blvd, within a heavily commercialized corridor. The location neighbors St Vincent's Hospital and Memorial Hospital, with several retail projects nearby, including grocery stores such as Freshfield Farm, Harvey’s Supermarkets, and Save-a-lot. Memorial Hospital, with 418 beds, and Brooks Rehabilitation Hospital are approximately 1 mile to the north. The property includes a 6,424 square foot building with 4 drive-thru lanes, situated on a 1.23-acre lot. It features over 390 feet of frontage on University Blvd and access to Barnes Rd S traffic signal via a rear internal road. Zoned CCG-1, this property presents an opportunity to repurpose the existing building or redevelop the entire site.
Key Highlights
- Strategic location on heavily commercialized University Blvd W, between I‑95 and Beach Blvd.
- Boasts over 390 feet of frontage on University Blvd W.
- Access to Barnes Rd. S traffic signal via a rear internal road.
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 | $154.2k | $24.00 |
| − Vacancy | −$31.0k | −$4.82 |
| EGI | $123.2k | $19.18 |
| − OpEx | −$30.8k | −$4.79 |
| NOI | $92.4k | $14.38 |
6,424 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.32M
$1.15M – $1.54M
NOI $92,390 @ 7.0% cap · market cap 4.20%
Second Best
Mixed Use
$1.21M
$1.06M – $1.41M
NOI $84,797 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,187 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fotos Truck Honduras
Restaurant
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FAQs
What type of property is this?
Mixed-use property - Outparcel on University Blvd W with redevelopment potential.
Where is this mixed-use property located?
The property is located at 5730 University Blvd W Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Strategic location on heavily commercialized University Blvd W, between I‑95 and Beach Blvd.; **Boasts over 390 feet of frontage on University Blvd W.**; Access to Barnes Rd. S traffic signal via a rear internal road.
