Renovated Church
For Sale
$2,350,000
8075 LONE STAR Road, Jacksonville, FL 32211
Church property with sanctuary, classrooms, offices, dining space, kitchen, and updated building systems.
Property Size8,644 SF
Lot Size3.00 Acres
Price / SF$271.86
Days on Market79
Property Features for 8075 LONE STAR Road
General Information
Standard status
Active
Size
8,644 SF
Lot size
3.00 Acres
Property subtype
Mixed Use
Zoning
Commercial, Residential, Office
Building Details
Building Size
8,644 SF
Year Built
1957
Buildings
1
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
(904) 333-4472
Listed By:
CARLA S BAHRI · License #609939
Source:
Bebetterflorida
Added: Jun 16
Changed: Aug 31
Last Checked: Aug 30 at 9:05PM
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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Investment Insights
Based on property information with market context.
This church facility includes 8,644 SF of interior space arranged with a congregation area, dining hall, kitchen, utility room, classrooms, office, prayer room, foyer, and four bathrooms. The building has been fully updated with an all-new metal roof and new AC units throughout. Interior features include a cathedral ceiling with tongue-and-groove wood, chandelier lighting, stained glass windows, luxury flooring, and a stage equipped with music and sound equipment included in the sale.
The property occupies approximately 3 acres in Jacksonville’s Arlington area and is designated for Commercial, Residential, Office use. Ample parking is provided, with the site offering room for future expansion. Built in 1957, the facility combines a substantial site with a specialized existing building and multiple supporting spaces.
The property occupies approximately 3 acres in Jacksonville’s Arlington area and is designated for Commercial, Residential, Office use. Ample parking is provided, with the site offering room for future expansion. Built in 1957, the facility combines a substantial site with a specialized existing building and multiple supporting spaces.
Key Highlights
- 8,644 SF church building with sanctuary, dining hall, kitchen, classrooms, office, and prayer room
- Approximately 3 acres with ample parking and future expansion area
- Commercial, Residential, Office zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$114,101
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,282,020
$2.3M
Cap Rate 7%
$1,630,014
$1.6M
Cap Rate 9%
$1,267,789
$1.3M
Market Conditions
NOI Build-Up for 8,644 SF
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.
Gross rent
$207.5K $24.00/SF
− Vacancy
−$24.9K −$2.88/SF
EGI
$182.6K $21.12/SF
− OpEx
−$68.5K −$7.92/SF
NOI
$114.1K $13.20/SF
Area
Jacksonville, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,282,020
Cap Rate 7%
$1,630,014
Cap Rate 9%
$1,267,789
Alternative Uses
Best Use
Mixed Use
$1.63M
$1.43M – $1.90M
NOI $114,101 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,757 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Church property with sanctuary, classrooms, offices, dining space, kitchen, and updated building systems.
Where is this church & religious facility located?
The property is located at 8075 LONE STAR Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 8,644 SF church building with sanctuary, dining hall, kitchen, classrooms, office, and prayer room; Approximately 3 acres with ample parking and future expansion area; Commercial, Residential, Office zoning
