302 3Rd St Neptune Beach, FL 32266
This exceptional investment opportunity presents four individual office buildings totaling 6,600 square feet, situated on 3rd Street in desirable Neptune Beach, Florida. Each building offers approximately 1,650 square feet of traditional office space, making them ideal for a variety of uses. The property is located on A1A, providing convenient access to residential areas, retail establishments, and the Atlantic Beach Town Center. This represents a rare entry point into the competitive Beaches office market. All four buildings are part of the Ocean Office Plaza Condo Association and boast 33 parking spaces, providing a generous 5 spaces per 1,000 square feet. The property's location and size make it well-positioned for future redevelopment potential. The asking price is $2,600,000, translating to $393.94 per square foot. This is a Net Net Net (NNN) lease opportunity. The property consists of four single-story buildings. Don't miss this chance to acquire a well-established and strategically located office portfolio in a thriving coastal community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.