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4500 Salisbury Rd Jacksonville, FL 32216-0959

Office buildings Google Maps
169,328 SF 8.06 ac lot Built 1986
Entity Owned 10-yr Hold ~ Est. High Equity
Estimated value (blended)
$18.98M
Range $17.08M – $20.87M (±10%)
Property ID US19-0859562

Property summary

AI-generated overview

Butler Pointe, located at 4500 Salisbury Road in Jacksonville, Florida, 32216, offers exceptional office space in the Southside/Butler/Baymeadows submarket. This Class A, single five-story building boasts a total of 157,040 square feet, providing flexibility for businesses of various sizes. The property features eight elevators for convenient access to all floors. Multiple tenancy options are available, with spaces ranging from a minimum of 531 square feet to a maximum contiguous space of 19,152 square feet, catering to a wide range of needs. Built in 1986, the building is well-maintained and offers ample parking with 812 spaces. The property is zoned CCG-1, ensuring compliance with local regulations. Its convenient location in the thriving Southside/Butler/Baymeadows area provides easy access to major roadways, amenities, and a skilled workforce. This is an excellent opportunity to secure high-quality office space in a desirable Jacksonville location. Contact us today to learn more about available suites and lease terms.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Construction CONCRETE
Total area 169,328 SF
Lot 8.06 ac (351,123 SF)
Zoning code CCG-1
APN 152854-0200
UPID US19-0859562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Trucking Company
  • Financial Advisor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$20.98M
Blend (final) Blend
$18.98M

Owner & transaction history

since 2015
2 recorded transactions
2015
$12.0M
2007
$24.3M

Zoning & alternative use

CCG-1 · Jacksonville, FL
Zoning description

(CCG-1), Commercial Community/General-2 (CCG-2), and Planned Unit Development (PUD) having commercial uses. (c) Building Form and Finish Materials. The following general provisions shall apply to all Development in the M…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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