Mixed-Use Property with
For Sale
$385,000
6861 Lenox Ave, Jacksonville, FL 32205
Renovated live-work property with a fenced lot, attached workshop, and flexible residential-commercial configuration.
Property Size2,028 SF
Lot Size0.25 Acres
Price / SF$189.84
Days on Market206
Property Features for 6861 Lenox Ave
General Information
Standard status
Active
Size
2,028 SF
Lot size
0.25 Acres
Property subtype
Commercial
Zoning
Residential/Commercial Mixed Use
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1975
Buildings
1
Listing Agency:
GAILEY ENTERPRISES LLC
Listed By:
PARKER GAILEY · License #3389693
(904) 646-7357
Source:
Jacksonvilleflhomeguide
Added: Mar 24
Changed: Oct 1
Last Checked: Oct 14 at 11:39PM
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 GAILEY ENTERPRISES LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines a residence with an attached workshop and offers 2,028 square feet of space on a 1/4-acre fully fenced lot. The current layout supports residential use alongside studio, storage, inventory, or business activities. A 40-foot shipping container with shelving adds dedicated storage capacity, while the workshop includes epoxy flooring, custom shelving, and a concrete ramp with a removable wall panel for access.
Renovations and updates include fresh interior and exterior paint, a 6-year-old metal roof, a recent electrical inspection, a new mini-split system, and new refrigerator, washer, and dryer. Bamboo flooring is installed in the living room and primary bedroom; the bonus room features pine ceilings and laminate flooring. Additional details include a sliding barn door off the kitchen and multiple security doors. The property is zoned for residential-commercial mixed use and is located at 6861 Lenox Ave in Jacksonville, Florida.
Renovations and updates include fresh interior and exterior paint, a 6-year-old metal roof, a recent electrical inspection, a new mini-split system, and new refrigerator, washer, and dryer. Bamboo flooring is installed in the living room and primary bedroom; the bonus room features pine ceilings and laminate flooring. Additional details include a sliding barn door off the kitchen and multiple security doors. The property is zoned for residential-commercial mixed use and is located at 6861 Lenox Ave in Jacksonville, Florida.
Key Highlights
- 2,028 SF mixed‑use property on a fully fenced 1/4‑acre lot
- Attached workshop with epoxy flooring, custom shelving, and concrete ramp
- 40‑foot shipping container with shelving for additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,167
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,340
$583.3K
Cap Rate 7%
$416,671
$416.7K
Cap Rate 9%
$324,078
$324.1K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$48.7K $24.00/SF
− Vacancy
−$9.8K −$4.82/SF
EGI
$38.9K $19.18/SF
− OpEx
−$9.7K −$4.79/SF
NOI
$29.2K $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%
$583,340
Cap Rate 7%
$416,671
Cap Rate 9%
$324,078
Alternative Uses
Best Use
Office B
$416.7K
$364.6K – $486.1K
NOI $29,167 @ 7.0% cap · market cap 7.58%
Second Best
Mixed Use
$382.4K
$334.6K – $446.2K
NOI $26,770 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$555.6K
$486.1K – $648.2K
NOI $38,889 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated live-work property with a fenced lot, attached workshop, and flexible residential-commercial configuration.
Where is this mixed-use property located?
The property is located at 6861 Lenox Ave Jacksonville, FL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,028 SF mixed‑use property on a fully fenced 1/4‑acre lot; Attached workshop with epoxy flooring, custom shelving, and concrete ramp; 40‑foot shipping container with shelving for additional storage
