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    Well-Maintained Office in Jacksonville Title is generated by Realmo AI

    8613 OLD KINGS S Road 402, Jacksonville, FL 32217

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    For Sale
    $285,000

    Office space for sale in a convenient Jacksonville location.

    Type:Commercial/Industrial
    Property size:
    1,270 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $224/SF
    Added:
    Aug 25, 2024
    Days on Market:
    665
    Last Refresh:
    May 19 at 9:45 pm

    Property Features for 8613 OLD KINGS S Road 402

    General Information

    Standard status
    Active
    Size
    1,270 SF
    Lot size
    0.03 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2005

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    Listing Contact
    DANIEL NGUYEN

    Listing agent DANIEL NGUYEN License #3031044

    Listing office DANIEL NGUYEN REALTY

    Listing date Aug 25, 2024

    Source Exitrealty

    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 DANIEL NGUYEN REALTY

    HighLights

    • Convenient location in the heart of Jacksonville
    • Well maintained office
    • Travertine and wood floors
    • Granite countertops
    • Built in 2005

    Overview

    This well-maintained office space is located in Jacksonville. The property features travertine and wood floors throughout, complemented by granite countertops. The property size is 1270 square feet.

    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 $30.5k $24.00
    − Vacancy −$6.1k −$4.82
    EGI $24.4k $19.18
    − OpEx −$6.1k −$4.79
    NOI $18.3k $14.38
    1,270 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $260.9K
    $228.3K – $304.4K (±1% cap)
    NOI $18,265 @ 7.0% cap · market cap 6.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $347.9K
    $304.4K – $405.9K (±1% cap)
    NOI $24,354 @ 7.0% cap · market cap 8.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dream Kuttz Barber Shop GVS IT Services Tech Support Center Sunshine Title Corporation Title Company Colonic With Care Alternative Medicine Practice Landco Properties, Inc Property Management Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.5922
    Latitude
    30.2242

    FAQs

    What type of property is this?
    Office units - Office space for sale in a convenient Jacksonville location.
    Where is this office units located?
    The property is located at 8613 OLD KINGS S Road 402 Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Convenient location in the heart of Jacksonville; Well maintained office; Travertine and wood floors
    More about this property
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