Office Building Off
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7002 Normandy Blvd, Jacksonville, FL 32205
Office building positioned on a high-traffic corridor with access under a minute to the I-295 interchange.
Property Size9,396 SF
Price / SF$233.08
Days on Market356
Property Features for 7002 Normandy Blvd
General Information
Standard status
Active
Size
9,396 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Pine Street/RPS, LLC
(904) 398-1044
Listed By:
Mark Wainwright · License #508359
(904) 728-1085
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Oct 26
Last Checked: Nov 1 at 8:36AM
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 Pine Street/RPS, LLC
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Investment Insights
Based on property information with market context.
This office building offers an address on the Normandy Boulevard corridor and benefits from exposure to 25,000+ daily vehicles. The property’s commercial frontage area supports everyday visibility for professional users.
Access is highlighted by proximity to the I-295 interchange, with less than a one-minute drive to the connection. I-295 at the Normandy Boulevard intersection is described as one of Jacksonville’s busiest, carrying 123,500+ daily vehicles, supporting strong regional connectivity for businesses that rely on convenient access.
For buyers evaluating a well-connected office asset, this property combines high-traffic corridor presence with immediate interstate access.
Access is highlighted by proximity to the I-295 interchange, with less than a one-minute drive to the connection. I-295 at the Normandy Boulevard intersection is described as one of Jacksonville’s busiest, carrying 123,500+ daily vehicles, supporting strong regional connectivity for businesses that rely on convenient access.
For buyers evaluating a well-connected office asset, this property combines high-traffic corridor presence with immediate interstate access.
Key Highlights
- Office building on the Normandy Boulevard corridor with 25,000+ daily vehicles
- Less than a 1‑minute drive to the I‑295 interchange (123,500+ daily vehicles)
- Located at I‑295 and Normandy Boulevard, one of Jacksonville's busiest intersections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,133
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,702,660
$2.7M
Cap Rate 7%
$1,930,471
$1.9M
Cap Rate 9%
$1,501,478
$1.5M
Market Conditions
NOI Build-Up for 9,396 SF
Gross rent
$225.5K $24.00/SF
− Vacancy
−$45.3K −$4.82/SF
EGI
$180.2K $19.18/SF
− OpEx
−$45.0K −$4.79/SF
NOI
$135.1K $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%
$2,702,660
Cap Rate 7%
$1,930,471
Cap Rate 9%
$1,501,478
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $135,133 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,178 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
566
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office building - Office building positioned on a high-traffic corridor with access under a minute to the I-295 interchange.
Where is this office building located?
The property is located at 7002 Normandy Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,190,000.
What are key features of this property?
This property features: Office building on the Normandy Boulevard corridor with 25,000+ daily vehicles; Less than a 1‑minute drive to the I‑295 interchange (123,500+ daily vehicles); Located at I‑295 and Normandy Boulevard, one of Jacksonville's busiest intersections
