Multi-Tenant Office
Jacksonville, FL 32216 Jacksonville, FL 32216
New
Jacksonville, FL, 32216
$379,000
For Sale
$379,000
COMMERCIAL - Jacksonville, FL
Property Size1,840 SF
Lot Size0.26 Acres
Price / SF$205.98
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,840 SF
- Lot size
- 0.26 Acres
Building Details
- Year built
- 1974
Listing Agency
NextHome Endless Summer
(386) 871-8888
4869 Palm Coast Parkway Northwest, FL
Listed by
Andrew Bell · License #3618738,PersonLicenseNumber
(904) 294-3739
Added: Jul 16 Updated: Jul 20 at 4:00 pm Checked: Jul 21 at 5:06 am
MLS# FC317154
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial office suite, unit #5, is located within a multi-tenant commercial complex in Jacksonville, Florida. The space offers a flexible layout intended to support a range of professional and service uses, including professional office space, medical or wellness services, retail operations, and specialty services. On-site parking and easy accessibility are available for both clients and employees.
The property is positioned along the University Boulevard South corridor, benefiting from consistent vehicle traffic. It also provides convenient access to Beach Boulevard (US-90) and I-95, supporting day-to-day access for area customers and visitors.
With a unit configuration designed for customization and a location that connects to major thoroughfares, the suite can serve as a fit for businesses looking to establish or expand within this busy Jacksonville corridor.
The property is positioned along the University Boulevard South corridor, benefiting from consistent vehicle traffic. It also provides convenient access to Beach Boulevard (US-90) and I-95, supporting day-to-day access for area customers and visitors.
With a unit configuration designed for customization and a location that connects to major thoroughfares, the suite can serve as a fit for businesses looking to establish or expand within this busy Jacksonville corridor.
Key Highlights
- Commercial unit in a multi‑tenant complex at 4131 University Blvd S #5
- Year built: 1974
- On‑site parking and easy accessibility for clients and employees
Local Financial Insights For Healthcare Medical
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 | $55.2k | $30.00 |
| − Vacancy | −$5.5k | −$3.00 |
| EGI | $49.7k | $27.00 |
| − OpEx | −$19.9k | −$10.80 |
| NOI | $29.8k | $16.20 |
1,840 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$425.8K
$372.6K – $496.8K
NOI $29,808 @ 7.0% cap · market cap 7.86%
Second Best
Office B
$378.0K
$330.8K – $441.1K
NOI $26,463 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$504.1K
$441.1K – $588.1K
NOI $35,284 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office suite in a multi-tenant complex with on-site parking and access to major thoroughfares.
Where is this office units located?
The property is located at Jacksonville, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Commercial unit in a multi‑tenant complex at 4131 University Blvd S #5; Year built: 1974; On‑site parking and easy accessibility for clients and employees
