Single-Level Office
For Sale
$410,000
6100 GREENLAND Road, Jacksonville, FL 32258
Commercial Sale, Jacksonville, FL
Property Size1,096 SF
Lot Size0.03 Acres
Price / SF$374.09
Days on Market8
Property Features for 6100 GREENLAND Road
General Information
Property type
Residential
Property subtype
Office
Zoning description
Industrial
Parking features
Parking Lot
Lot features
Cleared
Directions
From I-95, take Exit 335/Old St. Augustine Road and continue east to Greenland Road. Follow Greenland Road toward US-1. Greenland Commerce Center is at 6100 Greenland Road; Suite 603.
Subdivision
014-Mandarin
Standard status
Active
APN
1571250270
Size
1,096 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4005
HOA Fee
$800 Quarterly
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2017
Floors in Building
1
Listing Agency:
UNITED REAL ESTATE GALLERY
(904) 500-3948
Listed By:
TYRONE JACKSON
(904) 222-5351
Added: Aug 22
Last Checked: Aug 29 at 7:06PM
MLS# 2161364
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-level office condominium contains 1,096 heated SF arranged with a reception area, several private offices, a conference room, kitchenette and break area, and an accessible restroom. Built in 2017, the suite includes durable flooring, abundant natural light, and finished interiors suited to professional office operations. Furniture shown in the suite is excluded from the real estate sale, although it may be negotiated separately.
The property is located in Greenland Commerce Center at 6100 GREENLAND Road in Jacksonville, with access to I-95 and I-295. Baptist Medical Center South, Flagler Center, Bartram Park, and Durbin are also identified in the surrounding context. The property is zoned IL and served by public water and public sewer, with central electric heating, central air, and parking lot access.
The property is located in Greenland Commerce Center at 6100 GREENLAND Road in Jacksonville, with access to I-95 and I-295. Baptist Medical Center South, Flagler Center, Bartram Park, and Durbin are also identified in the surrounding context. The property is zoned IL and served by public water and public sewer, with central electric heating, central air, and parking lot access.
Key Highlights
- 1,096 heated SF office condominium in a single‑level configuration
- Reception area, private offices, conference room, kitchenette, break area, and accessible restroom
- Built in 2017 with durable flooring and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,763
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$315,260
$315.3K
Cap Rate 7%
$225,186
$225.2K
Cap Rate 9%
$175,144
$175.1K
Market Conditions
NOI Build-Up for 1,096 SF
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.
Gross rent
$26.3K $24.00/SF
− Vacancy
−$5.3K −$4.82/SF
EGI
$21.0K $19.18/SF
− OpEx
−$5.3K −$4.79/SF
NOI
$15.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$315,260
Cap Rate 7%
$225,186
Cap Rate 9%
$175,144
Alternative Uses
Best Use
Office B
$225.2K
$197.0K – $262.7K
NOI $15,763 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.2K
$262.7K – $350.3K
NOI $21,017 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
42
Office units
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 32258, FL
37,859
Population
16,257
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,127
Density / Sq Mi
$99,764
Median Household Income
$55,736
Median Earnings
$1,849
Median Rent
$347,500
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional suite with private offices, conference space, kitchenette, and an accessible restroom.
Where is this office units located?
The property is located at 6100 GREENLAND Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,096 heated SF office condominium in a single‑level configuration; Reception area, private offices, conference room, kitchenette, break area, and accessible restroom; Built in 2017 with durable flooring and abundant natural light
