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Office Building for Sale

711 MARGARET Street Jacksonville, FL 32204

711 MARGARET Street, Jacksonville, FL, 32204
$849,500
For Sale
$849,500

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 Market68

Property Features for 711 MARGARET Street

General Information

Standard status
Active
Size
4,490 SF

Building Details

Year Built
1958
Listing Agency Spectrum Realty Services, LLC
Listed by WANDA FRANKLIN · License #0583157
Source Evrealestate
Added: May 11 Checked: Jul 17 at 3:07 am

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, LLC


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.

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

Local 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 $107.8k $24.00
− Vacancy −$21.7k −$4.82
EGI $86.1k $19.18
− OpEx −$21.5k −$4.79
NOI $64.6k $14.38
4,490 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$922.5K
$807.2K – $1.08M (±1% cap)
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 (±1% cap)
NOI $86,100 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Heth Realty, Inc Real Estate Agency Quality Commercial Refrigeration Electronics & Wireless Store Wanda Franklin, Realtor ... Real Estate Agency Leonard's Lawnscape & Irrigation General Contractor Bonnie K Brady, ... Real Estate Agency

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Furniture & Home Goods Grocery & Convenience Store Veterinary Clinic Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 Street 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
Contact an agent
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