University Plaza Outparcel For
For Sale
Contact for pricing
5730 University Blvd W, Jacksonville, FL 32216
Outparcel on University Blvd W with redevelopment potential.
Property Size6,424 SF
Lot Size1.23 Acres
Price / SF$342.47
Days on Market215
Property Features for 5730 University Blvd W
General Information
Standard status
Active
Size
6,424 SF
Class
C
Lot size
1.23 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
CCG-1
Building Details
Year Built
1974
Year Renovated
2022
Stories
1
Listing Agency:
Ashco Centers
Listed By:
Tiffany Ashurian · License #SL3469642
Source:
Crexi
Added: Mar 16
Changed: Oct 14
Last Checked: Oct 14 at 9:52PM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,390
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,847,800
$1.8M
Cap Rate 7%
$1,319,857
$1.3M
Cap Rate 9%
$1,026,556
$1.0M
Market Conditions
NOI Build-Up for 6,424 SF
Gross rent
$154.2K $24.00/SF
− Vacancy
−$31.0K −$4.82/SF
EGI
$123.2K $19.18/SF
− OpEx
−$30.8K −$4.79/SF
NOI
$92.4K $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%
$1,847,800
Cap Rate 7%
$1,319,857
Cap Rate 9%
$1,026,556
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
Explore this area
Business Placement
Demographics for 32216, FL
42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
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.
