Highly Visible Mixed-Use
5951 Arlington Expy Jacksonville, FL 32211
5951 Arlington Expy, Jacksonville, FL, 32211
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For Sale
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Central location servicing Arlington, Southside, beaches, and downtown Jacksonville.
Property Size5,549 SF
Price / SF$216.26
Days on Market658
Property Features for 5951 Arlington Expy
General Information
- Standard status
- Active
- Size
- 5,549 SF
- Property subtype
- Mixed Use, Office, Retail, Special Purpose
Building Details
- Year Built
- 1965
Listing Agency
Keller Williams Realty Atlantic Partners Southside
(703) 906-8620
Listed by
Brien Davis · License #FL SL3493322
Source
Crexi
Added: Sep 28, 2024 Checked: Jul 17 at 3:41 am
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 Keller Williams Realty Atlantic Partners Southside
Investment Insights
Based on property information with market context.
This highly visible mixed-use property is centrally located, providing convenient access to Arlington, Southside, the beaches, and downtown Jacksonville. The property has an existing lease that expired in early 2026; a renewal is currently in process of being finalized. The property encompasses a total area of 5549 square feet, offering a versatile space suitable for a range of commercial activities.
Key Highlights
- Central location servicing Arlington, Southside, the beaches, and downtown.
- Highly visible property.
- Existing lease in place.
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 | $133.2k | $24.00 |
| − Vacancy | −$26.8k | −$4.82 |
| EGI | $106.4k | $19.18 |
| − OpEx | −$26.6k | −$4.79 |
| NOI | $79.8k | $14.38 |
5,549 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$997.6K – $1.33M
NOI $79,806 @ 7.0% cap · market cap 6.65%
Second Best
Mixed Use
$1.05M
$915.6K – $1.22M
NOI $73,247 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,408 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
5951 Arlington Expy ...
Parking Lot & Garage
Bug Out
Garden Center
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Central location servicing Arlington, Southside, beaches, and downtown Jacksonville.
Where is this mixed-use property located?
The property is located at 5951 Arlington Expy Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Central location servicing Arlington, Southside, the beaches, and downtown.; Highly visible property.; Existing lease in place.
