Highly Visible Mixed-Use
For Sale
Contact for pricing
5951 Arlington Expressway Service Rd, Jacksonville, FL 32211
Central location servicing Arlington, Southside, beaches, and downtown Jacksonville.
Property Size5,549 SF
Price / SF$216.26
Days on Market749
Property Features for 5951 Arlington Expressway Service Rd
General Information
Standard status
Active
Size
5,549 SF
Class
C
Property subtype
Mixed Use, Office, Retail, Special Purpose
Zoning
ccg2
Occupancy
100%
Net Operating Income
$64,152
Building Details
Year Built
1965
Year Renovated
1994
Buildings
2
Tenancy
Single
Listing Agency:
Keller Williams Realty Atlantic Partners Southside
Listed By:
Brien Davis · License #FL SL3493322
(703) 906-8620
Source:
Crexi
Added: Sep 28, 2024
Changed: Oct 5
Last Checked: Oct 14 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 Keller Williams Realty Atlantic Partners Southside
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Investment Insights
Based on property information with market context.
This highly visible mixed-use property is centrally located, providing convenient access to Arlington, Southside, the beaches, and downtown Jacksonville. The property has an existing lease that expired in early 2026; a renewal is currently in process of being finalized. The property encompasses a total area of 5549 square feet, offering a versatile space suitable for a range of commercial activities.
Key Highlights
- Central location servicing Arlington, Southside, the beaches, and downtown.
- Highly visible property.
- Existing lease in place.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,806
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,120
$1.6M
Cap Rate 7%
$1,140,086
$1.1M
Cap Rate 9%
$886,733
$886.7K
Market Conditions
NOI Build-Up for 5,549 SF
Gross rent
$133.2K $24.00/SF
− Vacancy
−$26.8K −$4.82/SF
EGI
$106.4K $19.18/SF
− OpEx
−$26.6K −$4.79/SF
NOI
$79.8K $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%
$1,596,120
Cap Rate 7%
$1,140,086
Cap Rate 9%
$886,733
Alternative Uses
Best Use
Office B
$1.14M
$997.6K – $1.33M
NOI $79,806 @ 7.0% cap · market cap 6.65%
Second Best
Mixed Use
$1.05M
$915.6K – $1.22M
NOI $73,247 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,408 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
760
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Central location servicing Arlington, Southside, beaches, and downtown Jacksonville.
Where is this mixed-use property located?
The property is located at 5951 Arlington Expressway Service Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Central location servicing Arlington, Southside, the beaches, and downtown.; Highly visible property.; Existing lease in place.
