Flex Space with Off-Street
For Sale
$1,500,000
711 CASSAT Avenue, Jacksonville, FL 32205
COMMERCIAL - Jacksonville, FL
Property Size6,909 SF
Lot Size0.53 Acres
Price / SF$217.11
Days on Market344
Property Features for 711 CASSAT Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Off Street, Parking Lot, Assigned
Fencing
Chain Link, Privacy
Lot features
Corner Lot
Directions
I-10 to Exit 358 (Cassat Ave.). South on Cassat Ave. for 0.2 miles. Property is located on the northeast corner of Cassat Ave. and Ramona Blvd.
Subdivision
051-Murray Hill
Standard status
Active
APN
0793210100
Size
6,909 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
12477
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Multi Units, Heat Pump
Water source
Public
Building Details
Year built
2003
Flooring type
Concrete
Roof type
Metal
Listing Agency:
COLDWELL BANKER VANGUARD REALTY · Coldwell Banker Real Estate
(904) 269-7117
Listed By:
EUGENE CALABRASE
(904) 738-5625
Added: Aug 22, 2025
Changed: Jul 28
Last Checked: Jul 31 at 1:06AM
MLS# 2105205
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
711 Cassat Avenue is a flex-style commercial property offering a spacious layout designed to accommodate retail, office, or industrial uses. The building totals 6,909 square feet, situated on approximately 0.53 acres, providing room for a range of tenant configurations within the existing space.
The property is located on Cassat Avenue in Jacksonville, Florida (32205). It includes off-street parking and is described as accessible from major highways, supporting convenient arrival for customers, employees, and deliveries. The surrounding area is described as a mix of residential and commercial amenities, including shopping centers, restaurants, and schools.
This type of asset can be a practical fit for owners and operators seeking one building that can support multiple operating concepts, whether retail, professional office, or light industrial activity. With off-street parking and easy access from major highways, the site is positioned to serve both customer and workforce needs while allowing flexibility in how the interior space is utilized.
The property is located on Cassat Avenue in Jacksonville, Florida (32205). It includes off-street parking and is described as accessible from major highways, supporting convenient arrival for customers, employees, and deliveries. The surrounding area is described as a mix of residential and commercial amenities, including shopping centers, restaurants, and schools.
This type of asset can be a practical fit for owners and operators seeking one building that can support multiple operating concepts, whether retail, professional office, or light industrial activity. With off-street parking and easy access from major highways, the site is positioned to serve both customer and workforce needs while allowing flexibility in how the interior space is utilized.
Key Highlights
- 711 Cassat Avenue in Jacksonville, Florida (approx. -81.73034, 30.314817)
- Year built: 2003
- Metal roof
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 | $165.8k | $24.00 |
| − Vacancy | −$33.3k | −$4.82 |
| EGI | $132.5k | $19.18 |
| − OpEx | −$33.1k | −$4.79 |
| NOI | $99.4k | $14.38 |
6,909 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.66M
NOI $99,365 @ 7.0% cap · market cap 6.62%
Second Best
Retail
$1.12M
$976.1K – $1.30M
NOI $78,087 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,487 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
961
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?
Retail space - Versatile flex building for retail, office, or industrial use, set on Cassat Avenue with off-street parking and highway access.
Where is this retail space located?
The property is located at 711 CASSAT Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 711 Cassat Avenue in Jacksonville, Florida (approx. -81.73034, 30.314817); Year built: 2003; Metal roof
