Freestanding Office
For Sale
$795,000
9073 HECKSCHER Drive, Jacksonville, FL 32226
SINGLE_FAMILY - Jacksonville, FL
Property Size3,360 SF
Lot Size0.92 Acres
Price / SF$236.61
Days on Market109
Property Features for 9073 HECKSCHER Drive
General Information
Property type
Residential
Property subtype
Retail
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Fencing
Chain Link
Lot features
Cleared, Few Trees, Uplands
Directions
From downtown Jacksonville, take I95 north and get off at the Heckscher Blvd exit. Head east until you reach the property on the north side of Heckscher.
Subdivision
096-Ft George/Blount Island/Cedar Point
Standard status
Active
APN
1608300140
Size
3,360 SF
Lot size
0.92 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5449
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
1974
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Block
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS ST JOHNS · Keller Williams Realty
(904) 867-7694
Listed By:
CHRISTINA WELCH · License #3186165
(904) 404-1640
Added: May 18
Changed: Jul 31
Last Checked: Sep 3 at 8:06AM
MLS# 2148057
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
9073 Heckscher Drive is a freestanding office building on a 0.92-acre site with 400 feet of frontage. The 3,360 SF block building (constructed in 1974) is offered as a flexible, “blank canvas” layout, with concrete flooring and a shingle roof.
The property sits in a high-growth corridor with over 10,000 vehicles passing daily, supporting strong drive-by visibility. Two paved driveways and ample parking are in place for customer and visitor access. The building is served by central heating with central air cooling, plus cable availability.
For site utilities, the property uses a well water source and a septic tank sewer system, with chain link fencing on the premises. Zoning is CCG-1, allowing a wide array of creative and light-industrial uses, including professional office and veterinary clinic-type applications. Current configuration includes two bathrooms.
The property sits in a high-growth corridor with over 10,000 vehicles passing daily, supporting strong drive-by visibility. Two paved driveways and ample parking are in place for customer and visitor access. The building is served by central heating with central air cooling, plus cable availability.
For site utilities, the property uses a well water source and a septic tank sewer system, with chain link fencing on the premises. Zoning is CCG-1, allowing a wide array of creative and light-industrial uses, including professional office and veterinary clinic-type applications. Current configuration includes two bathrooms.
Key Highlights
- 0.92‑acre site with 400 feet of frontage
- 3,360 SF freestanding block building
- Over 10,000 vehicles passing daily
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
$54,432
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
6.85%
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%
$1,088,640
$1.1M
Cap Rate 7%
$777,600
$777.6K
Cap Rate 9%
$604,800
$604.8K
Market Conditions
NOI Build-Up for 3,360 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
$100.8K $30.00/SF
− Vacancy
−$10.1K −$3.00/SF
EGI
$90.7K $27.00/SF
− OpEx
−$36.3K −$10.80/SF
NOI
$54.4K $16.20/SF
Area
Jacksonville, FL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
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%
$1,088,640
Cap Rate 7%
$777,600
Cap Rate 9%
$604,800
Alternative Uses
Best Use
Healthcare Medical
$777.6K
$680.4K – $907.2K
NOI $54,432 @ 7.0% cap · market cap 6.85%
Second Best
Office B
$690.3K
$604.1K – $805.4K
NOI $48,324 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$920.4K
$805.4K – $1.07M
NOI $64,431 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 32226, FL
20,306
Population
7,707
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
85.7 sq mi
ZIP Area
237
Density / Sq Mi
$109,375
Median Household Income
$53,400
Median Earnings
$2,062
Median Rent
$340,500
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 building - Freestanding office building on a nearly one-acre site with CCG-1 zoning, central HVAC, well and septic services.
Where is this office building located?
The property is located at 9073 HECKSCHER Drive Jacksonville, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 0.92‑acre site with 400 feet of frontage; 3,360 SF freestanding block building; Over 10,000 vehicles passing daily
