Office Building Off
For Sale
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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 Market262
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) 728-1085
Listed By:
Mark Wainwright · License #508359
(904) 728-1085
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Jul 25
Last Checked: Jul 31 at 3:13AM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $225.5k | $24.00 |
| − Vacancy | −$45.3k | −$4.82 |
| EGI | $180.2k | $19.18 |
| − OpEx | −$45.0k | −$4.79 |
| NOI | $135.1k | $14.38 |
9,396 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
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.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
352
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
Market
Vacancy Rate% for Office in Jacksonville, FL
Questions? Ask Rey
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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
