Live-Work Space with Separate
For Sale
$862,654
Pending
6126 ATLANTIC Boulevard, Jacksonville, FL 32211
COMMERCIAL - Jacksonville, FL
Property Size2,965 SF
Lot Size0.67 Acres
Days on Market145
Property Features for 6126 ATLANTIC Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Parking features
Parking Lot
Fencing
Fenced
Lot features
Cleared, Few Trees
Directions
Off the corner of University and Atlantic Blvd. South side of the road when headed East at 6126 Atlantic Blvd.
Subdivision
022-Grove Park/Sans Souci
Standard status
Pending
APN
1341160000
Size
2,965 SF
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7857
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Multi Units, Heat Pump, Central Air, Zoned
Water source
Public
Building Details
Year built
1947
Floors in Building
3
Number of units
2
Flooring type
Vinyl, Wood
Listing Agency:
REALTY ONE GROUP ELEVATE
(904) 439-9842
Listed By:
TANYA COSMINI · License #3415561
(904) 439-9842
Added: Mar 22
Changed: Aug 4
Last Checked: Aug 13 at 4:06AM
MLS# 2136143
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.
Renovated live-work space with road frontage, zoned CRO, set on a 0.67-acre lot. The property totals 2,965 square feet and features a welcoming lobby plus multiple work areas designed to support different operational setups.
The building includes four bathrooms on-site for employee and client convenience. There is also a separate 600-square-foot office space/studio apartment, providing a private enclave that can function as an executive suite or focused work area.
Interior systems include central heating with a heat pump and central air. Flooring is vinyl and wood. Parking is available in a parking lot, and the property is fenced. Utilities include cable available, public water, and a septic tank. The building was built in 1947.
The surrounding 0.67-acre lot provides outdoor space for breaks or client meetings, with additional room to consider future expansion needs.
The building includes four bathrooms on-site for employee and client convenience. There is also a separate 600-square-foot office space/studio apartment, providing a private enclave that can function as an executive suite or focused work area.
Interior systems include central heating with a heat pump and central air. Flooring is vinyl and wood. Parking is available in a parking lot, and the property is fenced. Utilities include cable available, public water, and a septic tank. The building was built in 1947.
The surrounding 0.67-acre lot provides outdoor space for breaks or client meetings, with additional room to consider future expansion needs.
Key Highlights
- Zoned CRO with road frontage on a 0.67‑acre lot
- 2,965‑square‑foot renovated live‑work building
- Separate 600‑square‑foot office space/studio apartment
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
$42,643
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
4.94%
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%
$852,860
$852.9K
Cap Rate 7%
$609,186
$609.2K
Cap Rate 9%
$473,811
$473.8K
Market Conditions
NOI Build-Up for 2,965 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
$71.2K $24.00/SF
− Vacancy
−$14.3K −$4.82/SF
EGI
$56.9K $19.18/SF
− OpEx
−$14.2K −$4.79/SF
NOI
$42.6K $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%
$852,860
Cap Rate 7%
$609,186
Cap Rate 9%
$473,811
Alternative Uses
Best Use
Office B
$609.2K
$533.0K – $710.7K
NOI $42,643 @ 7.0% cap · market cap 4.94%
Second Best
Mixed Use
$559.1K
$489.2K – $652.3K
NOI $39,138 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$812.2K
$710.7K – $947.6K
NOI $56,857 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Renovated live-work property on a fenced lot with road frontage, zoning CRO, and a separate office/studio space.
Where is this live-work space located?
The property is located at 6126 ATLANTIC Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $862,654.
What are key features of this property?
This property features: Zoned CRO with road frontage on a 0.67‑acre lot; 2,965‑square‑foot renovated live‑work building; Separate 600‑square‑foot office space/studio apartment
