Retail Property for
For Sale
$1,600,000
6354 Arlington Road, Jacksonville, FL 32211
Retail property offered for sale at 6354 Arlington Road in Jacksonville, Florida.
Property Size10,800 SF
Days on Market72
Property Features for 6354 Arlington Road
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Retail
Building Details
Building Size
10,800 SF
Year Built
1973
Listing Agency:
Prime Realty
Listed By:
Nick Carcieri · License #3615156
(513) 505-1677
Source:
Primerealtyinc
Added: Jun 25
Changed: Aug 26
Last Checked: Sep 4 at 3:26AM
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 Prime Realty
Investment Insights
Based on property information with market context.
This retail property is offered for sale as a commercial investment or occupancy opportunity. The listing is categorized as retail space, with the property located at 6354 Arlington Road in Jacksonville, Florida.
No further details about building size, layout, tenant status, or on-site amenities were provided with this listing information. Interested parties should confirm operating conditions and existing improvements directly with the broker prior to underwriting or scheduling a tour.
No further details about building size, layout, tenant status, or on-site amenities were provided with this listing information. Interested parties should confirm operating conditions and existing improvements directly with the broker prior to underwriting or scheduling a tour.
Key Highlights
- Retail property at 6354 Arlington Road in Jacksonville, Florida
- Built in 1973
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
$122,064
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
7.63%
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%
$2,441,280
$2.4M
Cap Rate 7%
$1,743,771
$1.7M
Cap Rate 9%
$1,356,267
$1.4M
Market Conditions
NOI Build-Up for 10,800 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
$194.4K $18.00/SF
− Vacancy
−$20.0K −$1.85/SF
EGI
$174.4K $16.15/SF
− OpEx
−$52.3K −$4.84/SF
NOI
$122.1K $11.30/SF
Area
Jacksonville, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,441,280
Cap Rate 7%
$1,743,771
Cap Rate 9%
$1,356,267
Alternative Uses
Best Use
Retail
$1.74M
$1.53M – $2.03M
NOI $122,064 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,101 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
92k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Groceries 26%
Home Improvements & Furnishings 7%
Dining 4%
Wawa
Shops & Services
26,697 visits/mo
0.5 miles
Winn-Dixie
Groceries
24,118 visits/mo
0.5 miles
Roses Discount Store
Shops & Services
10,123 visits/mo
0.5 miles
Turner Ace Hardware
Home Improvements & Furnishings
6,316 visits/mo
0.3 miles
Dollar General
Shops & Services
6,103 visits/mo
0.5 miles
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 Retail 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?
Retail space - Retail property offered for sale at 6354 Arlington Road in Jacksonville, Florida.
Where is this retail space located?
The property is located at 6354 Arlington Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Retail property at 6354 Arlington Road in Jacksonville, Florida; Built in 1973
