Fully Renovated Office Condominium
9521 Shellie Road Suite 1 Jacksonville, FL 32257
New
9521 Shellie Road Suite 1, Jacksonville, FL, 32257
$599,000
For Sale
$599,000
Fully renovated office condominium suite with conference room, breakroom, and three restrooms, including a private executive office.
Property Size2,384 SF
Price / SF$251.26
Days on Market3
Property Features for 9521 Shellie Road Suite 1
General Information
- Standard status
- Active
- Size
- 2,384 SF
- Property subtype
- Office Condo
Building Details
- Year Built
- 2007
Listing Agency
United Real Estate Gallery
(904) 614-9715
Listed by
Stephen Edmonds · License #3304148
Source
Naiglobal
Added: Jul 19 Updated: Jul 20 at 3:08 am Checked: Jul 20 at 3:08 am
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 United Real Estate Gallery
Investment Insights
Based on property information with market context.
9521 Shellie Road offers a fully renovated office condominium suite that combines two office condominium units into one efficient layout. The suite includes a conference room, a dedicated breakroom, three restrooms, and a private executive office with an en-suite restroom.
The property is leased through March 31, 2029, with 3% annual rent increases in place.
Designed for professional office use, the interior configuration supports client meetings and day-to-day operations with separate common and private work areas.
The property is leased through March 31, 2029, with 3% annual rent increases in place.
Designed for professional office use, the interior configuration supports client meetings and day-to-day operations with separate common and private work areas.
Key Highlights
- 2,384 SF investment office condominium suite in a building built in 2007
- Two office condominium units combined into a single fully renovated suite
- Suite layout includes a conference room, dedicated breakroom, and three restrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.2k | $24.00 |
| − Vacancy | −$11.5k | −$4.82 |
| EGI | $45.7k | $19.18 |
| − OpEx | −$11.4k | −$4.79 |
| NOI | $34.3k | $14.38 |
2,384 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$489.8K
$428.6K – $571.5K
NOI $34,287 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$653.1K
$571.5K – $761.9K
NOI $45,716 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
All About Edema ...
Physician
IncrediblyMe Counseling, LLC
Crisis Center
Blossom Forward LLC
Crisis Center
Resurgence Chiropractic
Alternative Medicine Practice
Trianapmu
Medical Clinic
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FAQs
What type of property is this?
Office units - Fully renovated office condominium suite with conference room, breakroom, and three restrooms, including a private executive office.
Where is this office units located?
The property is located at 9521 Shellie Road Suite 1 Jacksonville, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2,384 SF investment office condominium suite in a building built in 2007; Two office condominium units combined into a single fully renovated suite; Suite layout includes a conference room, dedicated breakroom, and three restrooms
