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Mandarin Office Buildings For Sale
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9791 Old Saint Augustine Rd, Jacksonville, FL

Two office buildings in Mandarin, excellent frontage and exposure.

Property Size8,916 SF
Lot Size0.90 Acres
Price / SF$182.26
Days on Market424

Property Features for 9791 Old Saint Augustine Rd

General Information

Standard status Active
Size 8,916 SF
Lot size 0.90 Acres
Property subtype OFFICE
Listing Agency: Kinkade Commercial Real Estate
Listed By: Amanda C. Kinkade
Source: Moodyscre
Added: Jun 4, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:56AM

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 Kinkade Commercial Real Estate

Investment Insights

Based on property information with market context.

Two office buildings are available for sale, either together or separately, in the Mandarin area. Constructed in 1986, both buildings feature efficient office layouts suitable for professional business use. The property benefits from ample parking and convenient access to San Jose Boulevard (SR 13) and I-295, which is located a few miles away. One of the buildings has a month-to-month tenant, providing additional income for an owner-occupant of the larger building. One building is approximately 2,498 square feet, while the other is approximately 6,232 square feet. The larger building offers frontage and exposure on Old St. Augustine Road, which has a traffic count of approximately 26,000 AADT.

Key Highlights

  • Two office buildings available, purchase together or separately for flexible options.
  • Larger building (9795) offers excellent frontage and exposure on Old St. Augustine Road with high traffic counts (26,000 AADT).
  • Convenient location in the heart of Mandarin with easy access to San Jose Blvd (SR 13) and I‑295.

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 $214.0k $24.00
− Vacancy −$43.0k −$4.82
EGI $171.0k $19.18
− OpEx −$42.7k −$4.79
NOI $128.2k $14.38
8,916 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,230 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M (±1% cap)
NOI $170,973 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Plumbing Service Florist

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

1,569
Businesses Nearby

Market

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two office buildings in Mandarin, excellent frontage and exposure.
Where is this office building located?
The property is located at 9791 Old Saint Augustine Rd Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Two office buildings available, purchase together or separately for flexible options.; Larger building (9795) offers excellent frontage and exposure on Old St. Augustine Road with high traffic counts (26,000 AADT).; Convenient location in the heart of Mandarin with easy access to San Jose Blvd (SR 13) and I‑295.
(904) 635-6376 Call to check price and availability
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