Jacksonville Office Building For
13121 Atlantic Blvd Jacksonville, FL 32225
For Sale
Contact for pricing
Pending
6,768 SF office building on 0.6 acres in Jacksonville.
Property Size6,768 SF
Lot Size0.60 Acres
Days on Market754
Property Features for 13121 Atlantic Blvd
General Information
- Standard status
- Pending
- Size
- 6,768 SF
- Lot size
- 0.60 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing Agency:
Marcus & Millichap - Jacksonville
Listed By:
Simon V. Grigoryan, CCIM, MBA · License #FL SL3322898
Source:
Crexi
Added: Jul 1, 2024
Changed: Jul 6
Last Checked: Jul 23 at 8:43AM
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 Marcus & Millichap - Jacksonville
Investment Insights
Based on property information with market context.
The subject property, located at 13121 Atlantic Blvd. Jacksonville, FL 32225, is situated on 0.6 acres and contains 6,798 square feet. The structure is occupied by two tenants in four suites. Proactive Life Skills is in year two of their seven-year lease and occupies neighboring space in the office park. Pacifica Care has been in their space since 2011. This property is in the only exclusive professional office park in the area, with heavy commercial and residential use nearby.
Key Highlights
- Located in the only exclusive professional office park in the area.
- Property is 6,798 square feet on 0.6 acres.
- Two tenants already in place, providing immediate income.
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 | $159.2k | $23.52 |
| − Vacancy | −$35.3k | −$5.22 |
| EGI | $123.8k | $18.30 |
| − OpEx | −$31.0k | −$4.57 |
| NOI | $92.9k | $13.72 |
6,768 SF · lease $23.52/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $92,883 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,196 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Michael B. Mcneil, ...
Alternative Medicine Practice
Dr. Donna Treesh
Physician
SANFORD ALTON KAUFMAN
Physician
Dees Melanie W ...
Physician
Sanford Kaufman
Physician
FAQs
What type of property is this?
Office building - 6,768 SF office building on 0.6 acres in Jacksonville.
Where is this office building located?
The property is located at 13121 Atlantic Blvd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,885,000.
What are key features of this property?
This property features: Located in the only exclusive professional office park in the area.; Property is 6,798 square feet on 0.6 acres.; Two tenants already in place, providing immediate income.
