5953 Roosevelt Boulevard Jacksonville, FL 32244
8,800 SF building on over an acre near NAS JAX.
Property Features for 5953 Roosevelt Boulevard
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Lot size
- 1.00 Acre
- Property subtype
- MU
Listing office Keller Williams St Johns (786) 587-8702
Listing date Jan 18, 2024
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Location directly on Roosevelt Blvd with high visibility.
- Versatile CCG‑2 Zoning suitable for various commercial uses.
- Expansive 8,800 sq ft steel‑framed building on over an acre.
Local Financial Insights For Mixed Use
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 | $211.2k | $24.00 |
| − Vacancy | −$31.7k | −$3.60 |
| EGI | $179.5k | $20.40 |
| − OpEx | −$67.3k | −$7.65 |
| NOI | $112.2k | $12.75 |
