Well-Maintained Office in
For Sale
$285,000
8613 OLD KINGS S Road 402, Jacksonville, FL 32217
Office space for sale in a convenient Jacksonville location.
Property Size1,270 SF
Lot Size0.03 Acres
Price / SF$224.41
Days on Market711
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
Listing Agency:
DANIEL NGUYEN REALTY
(904) 622-8602
Listed By:
DANIEL NGUYEN · License #3031044
Source:
Exitrealty
Added: Aug 25, 2024
Changed: Jul 6
Last Checked: Aug 5 at 4:08AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Convenient location in the heart of Jacksonville
- Well maintained office
- Travertine and wood floors
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
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
NOI $24,354 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 32217, FL
20,543
Population
9,632
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
3,804
Density / Sq Mi
$69,742
Median Household Income
$44,147
Median Earnings
$1,190
Median Rent
$291,300
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?
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
