Renovated Office Building For
For Sale
Contact for pricing
Pending
8818 Goodby's Executive Dr, Jacksonville, FL 32217
Renovated office building with creek views, convenient location.
Property Size4,609 SF
Days on Market316
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Property Features for 8818 Goodby's Executive Dr
General Information
Standard status
Pending
Size
4,609 SF
Class
A
Property subtype
Office
Zoning
CO
Building Details
Year Built
1986
Year Renovated
2020
Stories
2
Listing Agency:
Petra
Listed By:
Ashleigh Shim · License #SL3573882
(904) 962-2655
Source:
Crexi
Added: Dec 3, 2025
Changed: Oct 15
Last Checked: Oct 15 at 12:03AM
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 Petra
Investment Insights
Based on property information with market context.
This renovated office building is situated in a location off Baymeadows Road near San Jose Boulevard, offering views of Goodby’s Creek. The property is approximately 20 minutes from downtown Jacksonville and 20 minutes from St. Johns County. The layout includes 9 offices, a reception area, 4 bathrooms, a kitchen, 2 conference rooms, 2 open areas, a printer/supply room, and an IT closet. The property contains 4,609 square feet.
Key Highlights
- Great location off Baymeadows Rd near San Jose Blvd.
- Beautiful views of Goodby’s Creek from all offices.**
- 9 offices, 2 conference rooms, and 2 spacious open areas.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,287
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,740
$1.3M
Cap Rate 7%
$946,957
$947.0K
Cap Rate 9%
$736,522
$736.5K
Market Conditions
NOI Build-Up for 4,609 SF
Gross rent
$110.6K $24.00/SF
− Vacancy
−$22.2K −$4.82/SF
EGI
$88.4K $19.18/SF
− OpEx
−$22.1K −$4.79/SF
NOI
$66.3K $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%
$1,325,740
Cap Rate 7%
$946,957
Cap Rate 9%
$736,522
Alternative Uses
Best Use
Office B
$947.0K
$828.6K – $1.10M
NOI $66,287 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,382 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
192
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office building - Renovated office building with creek views, convenient location.
Where is this office building located?
The property is located at 8818 Goodby's Executive Dr Jacksonville, FL.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: Great location off Baymeadows Rd near San Jose Blvd.; Beautiful views of Goodby’s Creek from all offices.**; 9 offices, 2 conference rooms, and 2 spacious open areas.**
