Office Building for
For Sale
$849,500
711 Margaret St, Jacksonville, FL 32204
For sale office building in Duval County with practical access from I-10 and nearby streets.
Property Size4,490 SF
Price / SF$189.20
Days on Market118
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Property Features for 711 Margaret St
General Information
Standard status
Active
Size
4,490 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1958
Listing Agency:
SPECTRUM REALTY SERVICES
Listed By:
WANDA FRANKLIN · License #0583157
(904) 387-6433
Source:
Onewinningteam
Added: Jun 20
Changed: Oct 2
Last Checked: Oct 7 at 1:22PM
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 SPECTRUM REALTY SERVICES
Investment Insights
Based on property information with market context.
This for-sale office building is listed at 4,490 square feet and is suitable for a range of professional office uses. The offering includes a complete property at 711 Margaret Street. Directional information is provided to help guide visitors to the site.
Access is described as taking I-10 to Stockton South, then turning left on Gilmore and right on Margaret Street, with the property located on the left. The property is in Duval County.
From a tenant and buyer perspective, this is a straightforward office-building format for organizations looking for their own dedicated space. With its stated size and commercial office classification, it may fit teams that need an office setting and want a property they can operate out of at a single address. Interested parties can verify layouts, condition, and any site details directly through the listing process.
Access is described as taking I-10 to Stockton South, then turning left on Gilmore and right on Margaret Street, with the property located on the left. The property is in Duval County.
From a tenant and buyer perspective, this is a straightforward office-building format for organizations looking for their own dedicated space. With its stated size and commercial office classification, it may fit teams that need an office setting and want a property they can operate out of at a single address. Interested parties can verify layouts, condition, and any site details directly through the listing process.
Key Highlights
- Office building in Duval County with practical access from I‑10 and nearby streets
- Central air conditioning with heat pump, plus electric heating
- Cooling includes central air, electric, and ceiling fan(s) across multi units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,575
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,500
$1.3M
Cap Rate 7%
$922,500
$922.5K
Cap Rate 9%
$717,500
$717.5K
Market Conditions
NOI Build-Up for 4,490 SF
Gross rent
$107.8K $24.00/SF
− Vacancy
−$21.7K −$4.82/SF
EGI
$86.1K $19.18/SF
− OpEx
−$21.5K −$4.79/SF
NOI
$64.6K $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%
$1,291,500
Cap Rate 7%
$922,500
Cap Rate 9%
$717,500
Alternative Uses
Best Use
Office B
$922.5K
$807.2K – $1.08M
NOI $64,575 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,100 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,861
Businesses Nearby
Explore this area
Business Placement
Demographics for 32204, FL
8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
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
Frequently Asked Questions
What type of property is this?
Office building - For sale office building in Duval County with practical access from I-10 and nearby streets.
Where is this office building located?
The property is located at 711 Margaret St Jacksonville, FL.
What is the asking price?
The asking price for this property is $849,500.
What are key features of this property?
This property features: Office building in Duval County with practical access from I‑10 and nearby streets; Central air conditioning with heat pump, plus electric heating; Cooling includes central air, electric, and ceiling fan(s) across multi units
