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5995 Philips Hwy, Jacksonville, FL

6,260 SF office building available in Jacksonville, Florida.

Property Size6,260 SF
Lot Size0.63 Acres
Price / SF$175.72
Days on Market262

Property Features for 5995 Philips Hwy

General Information

Standard status Active
Size 6,260 SF
Lot size 0.63 Acres
Property subtype OFFICE
Listing Agency: Pine Street/RPS, LLC
Listed By: Stanton Hudmon, CCIM · License #3159641
Source: Moodyscre
Added: Nov 12, 2025 Changed: Jul 6 Last Checked: Jul 21 at 8:46AM

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 Pine Street/RPS, LLC

Investment Insights

Based on property information with market context.

This office building, located in Jacksonville, Florida, offers 6,260 square feet of space. The property is suitable for office use.

Key Highlights

  • 6,260 SF office building
  • Located in Jacksonville, Florida

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 $150.2k $24.00
− Vacancy −$30.2k −$4.82
EGI $120.0k $19.18
− OpEx −$30.0k −$4.79
NOI $90.0k $14.38
6,260 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,031 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $120,042 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ambulance Service Inc Ambulance Service

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Locksmith Acupuncture Pharmacy Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,548
Businesses Nearby

Market

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 6,260 SF office building available in Jacksonville, Florida.
Where is this office building located?
The property is located at 5995 Philips Hwy Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 6,260 SF office building; Located in Jacksonville, Florida
(904) 716-5222 Call to check price and availability
More about this property
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