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    6100 Greenland Road Unit 403 Jacksonville, FL 32258

    View on Map
    For Sale
    $460,000

    For Sale: 6100 Greenland Rd Unit 403 – Unique Two-Story Commercial Suite in Prime Jacksonville Location

    Property size:
    1,334 SF
    Added:
    Jun 30, 2025
    Days on Market:
    276
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 6100 Greenland Road Unit 403

    General Information

    Standard status
    Active
    Property type
    Medical Office Space, Office Units, Other industrial properties, Office properties & Spaces, Industrial properties
    Size
    1,334 SF
    Class
    B
    Total Parking Spaces
    19
    Elevators
    No
    Occupancy
    100%
    Sale Condition
    1031 Exchange
    Investment Type
    Owner User

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    Tyrone Jackson
    Tyrone Jackson

    Listing agent Tyrone

    Listing office

    Listing date Jun 30, 2025

    Overview

    Unique Two-Story Commercial Suite

    This uniquely designed two-story commercial suite is situated just off I-295 on Greenland Rd in Jacksonville. The location is surrounded by established residential communities, medical hubs, and professional centers, offering convenience and visibility. The layout features a reception and waiting area, four private offices, a flex space upstairs, two bathrooms, a break room, and two separate entrances. The property also includes a fenced-in rear patio. The suite is designed to accommodate up to three separate tenants, with two private entrances, multiple offices, and an upstairs flex space. It is strategically located near Philips Hwy and Baptist South Hospital in a growing commercial and residential zone. The Greenland Rd professional complexes enjoy historically low vacancy rates due to limited supply and proximity to key employment and healthcare centers. The fenced rear patio supports medical-grade compressor placement or doubles as a break area. The property is well-maintained and move-in ready for most office users. Medical offices, therapy clinics, consulting firms, education services, and administrative operations will find this layout and location ideal. The property size is 1334 PropertySizeUnits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recovery Keys - Drug ... Rehabilitation Center Greenland Dental Dental Office Soccer Shots of North ... Sports School Agile Tech Consulting, ... (Bike/Boat/Book/etc) Store Jolita Ray: Allstate ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5476104
    Latitude
    30.1604378

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    FAQs

    What type of property is this?
    Medical Office Space - For Sale: 6100 Greenland Rd Unit 403 – Unique Two-Story Commercial Suite in Prime Jacksonville Location
    Where is this medical office space located?
    The property is located at 6100 Greenland Road Unit 403 Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: Multi‑Tenant Potential:; Thoughtfully designed to accommodate up to three separate tenants, with two private entrances, multiple offices, and an upstairs flex space—ideal for shared or segmented professional use.; High‑Demand Corridor:
    (904) 222-5351
    We can help!
    Listing Contact
    Tyrone Jackson
    Tyrone Jackson
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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