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    6789 Southpoint Dr Jacksonville, FL 32216

    Sponsored
    For Sale
    $1,200,000

    Jacksonville Office Building, Value-Add Opportunity

    Property size:
    2,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,520 square foot office building, located at 6789 Southpoint Dr S in Jacksonville, Florida (zip code 32216), presents a compelling value-add investment opportunity. Situated within the desirable Southpoint business park, this single-tenant property boasts a prime location near Ascension Saint Vincent's Southside Hospital and major roadways like Interstate 95 and State Road 202. Built in 2006, the building offers a creative, medical, or traditional office space currently occupied at 100% occupancy with a month-to-month tenant, providing flexibility for owner-users or investors. The asking price is $1,200,000, translating to $476.19 per square foot, with a pro-forma cap rate of 5.42% and a current NOI of $24,263. The property features ample parking (5 spaces per 1,000 sq ft) and sits on a larger parcel with two additional buildings. This presents an ideal opportunity for an owner-user seeking a well-located, low-maintenance space or an investor looking for a value-add property in a thriving Jacksonville submarket. The property's Duval County APN is 152570-2150. The building's current occupancy date is October 1st, 2024. This is a for-sale-by-owner listing.

    Property Features for 6789 Southpoint Dr

    General Information

    Property type
    Medical offices
    Square Feet
    2,520 SF

    Building Details

    Year Built
    2006
    Units
    1

    HighLights

    • Highly desirable Southpoint Business Park location.
    • Proximity to Saint Vincent's Hospital.
    • Excellent access to I‑95 and SR 202.
    • Owner‑user opportunity.
    • Month‑to‑month tenancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.58811
    Latitude
    30.2527988

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    FAQs

    What type of property is this?
    Medical office - Jacksonville Office Building, Value-Add Opportunity
    Where is this medical office located?
    The property is located at 6789 Southpoint Dr 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: Highly desirable Southpoint Business Park location.; Proximity to Saint Vincent's Hospital.; Excellent access to I-95 and SR 202.
    Request Owner's contact information
    6789 Southpoint Dr Jacksonville, FL 32216
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    Jacksonville, FL 32216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6789 Southpoint Dr Jacksonville, FL 32216
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