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Drive-Through Retail Space
For Sale
$1,150,000

930 UNIVERSITY Boulevard N, Jacksonville, FL 32211

Commercial Sale, Jacksonville, FL

Property Size6,628 SF
Lot Size1.65 Acres
Price / SF$173.51
Days on Market1820

Property Features for 930 UNIVERSITY Boulevard N

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features Garage
Accessibility Accessible Approach with Ramp
Lot features Corner Lot
Directions North on University Blvd. from the Arlington Expressway or from Atlantic Blvd. to Los Santos Road, take a left. Location before Arlington Road.
Subdivision 041-Arlington
Standard status Active
APN 1293000000
Size 6,628 SF
Lot size 1.65 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Water source Public

Building Details

Year built 1961
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Concrete
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Listed By: CARLA S BAHRI
Added: Nov 1, 2021 Changed: Oct 2 Last Checked: Oct 25 at 5:06AM
MLS# 1140931

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.

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Investment Insights

Based on property information with market context.

This retail property includes a 6,628-square-foot building on 1.65 acres. Constructed in 1961 with poured concrete and concrete block, the structure features concrete flooring, central heating, garage parking, public water and public sewer. An accessible approach with ramp is also in place.

The building carries a historic designation and was designed by Miami-based architect Edwin T. Reeder. Its exterior incorporates wave-like brise soleil elements associated with mid-century modern architecture. The property is zoned Commercial Neighborhood and includes a drive-through. It is located at 930 University Boulevard N in Jacksonville, across from the updated College Park shopping center.

Key Highlights

  • 6,628‑square‑foot retail building on 1.65 acres
  • 1961 construction with poured concrete and concrete block
  • Historic designation and design by architect Edwin T. Reeder

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,911
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,498,220 $1.5M
Cap Rate 7%
$1,070,157 $1.1M
Cap Rate 9%
$832,344 $832.3K
Market Conditions
NOI Build-Up for 6,628 SF
Gross rent
$119.3K $18.00/SF
− Vacancy
−$12.3K −$1.85/SF
EGI
$107.0K $16.15/SF
− OpEx
−$32.1K −$4.84/SF
NOI
$74.9K $11.30/SF
Area
Jacksonville, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,498,220
Cap Rate 7%
$1,070,157
Cap Rate 9%
$832,344

Alternative Uses

Best Use
Retail
$1.07M
$936.4K – $1.25M (±1% cap)
NOI $74,911 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,099 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Skin Care Clinic Real Estate Agency Storage Facility Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 26% Groceries 22% Home Improvements & Furnishings 6%
Wawa Shops & Services
26,697 visits/mo 0.3 miles
Winn-Dixie Groceries
24,118 visits/mo 0.1 miles
McDonald's Dining
23,349 visits/mo 0.1 miles
Speedway Shops & Services
6,464 visits/mo 0.1 miles
Turner Ace Hardware Home Improvements & Furnishings
6,316 visits/mo 0.4 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Concrete retail building with accessible ramp, garage parking, and central heating on a sizable commercial parcel.
Where is this retail space located?
The property is located at 930 UNIVERSITY Boulevard N Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6,628‑square‑foot retail building on 1.65 acres; 1961 construction with poured concrete and concrete block; Historic designation and design by architect Edwin T. Reeder
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