Two-Building Office
For Sale
$3,000,000
6851 Southpoint Parkway, Jacksonville, FL 32216
Grey-shell interiors give occupants flexibility to plan each building’s layout around their requirements.
Property Size13,086 SF
Lot Size9.14 Acres
Price / SF$229.25
Days on Market45
Property Features for 6851 Southpoint Parkway
General Information
Standard status
Active
Size
13,086 SF
Total Parking Spaces
50
Lot size
9.14 Acres
Property subtype
Commercial
Zoning
Commercial
Site & Location
Neighborhood
Southpoint
Highway Access
Yes
Additional Details
Condition
Shell
Taxes and HOA fees
Annual Taxes
$48,986
Building Details
Building Size
13,086 SF
Year Built
2009
Buildings
2
Listing Agency:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
(904) 797-7442
Listed By:
FRANK PEREZ-ANDREU · License #3299624
(904) 501-9896
Source:
Dualstaterealestate
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 26 at 3:34AM
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 KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises two freestanding office buildings totaling 13,086 SF on 9.135 acres. Both buildings are in grey-shell condition, allowing interior plans to be completed for the intended occupancy. The 5,264 SF building has 15 paved parking spaces; the 7,822 SF building has 35. Built in 2009, the property is offered as-is.
Located in Jacksonville’s Southpoint business corridor, the site is near I-95 and J. Turner Butler Boulevard. Nearby businesses and services include professional offices, healthcare providers, hotels, restaurants, financial institutions, and Ascension St. Vincent’s Southside.
Located in Jacksonville’s Southpoint business corridor, the site is near I-95 and J. Turner Butler Boulevard. Nearby businesses and services include professional offices, healthcare providers, hotels, restaurants, financial institutions, and Ascension St. Vincent’s Southside.
Key Highlights
- Two freestanding office buildings totaling 13,086 SF
- 9.135 acres with two existing buildings
- 5,264 SF building with 15 paved parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,203
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,764,060
$3.8M
Cap Rate 7%
$2,688,614
$2.7M
Cap Rate 9%
$2,091,144
$2.1M
Market Conditions
NOI Build-Up for 13,086 SF
Gross rent
$314.1K $24.00/SF
− Vacancy
−$63.1K −$4.82/SF
EGI
$250.9K $19.18/SF
− OpEx
−$62.7K −$4.79/SF
NOI
$188.2K $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 Rate 5%
$3,764,060
Cap Rate 7%
$2,688,614
Cap Rate 9%
$2,091,144
Alternative Uses
Best Use
Office B
$2.69M
$2.35M – $3.14M
NOI $188,203 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.58M
$3.14M – $4.18M
NOI $250,937 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,199
Businesses Nearby
Explore this area
Business Placement
Demographics for 32216, FL
42,847
Population
19,796
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
3,374
Density / Sq Mi
$63,253
Median Household Income
$44,078
Median Earnings
$1,311
Median Rent
$244,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office building - Grey-shell interiors give occupants flexibility to plan each building’s layout around their requirements.
Where is this office building located?
The property is located at 6851 Southpoint Parkway Jacksonville, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Two freestanding office buildings totaling 13,086 SF; 9.135 acres with two existing buildings; 5,264 SF building with 15 paved parking spaces
