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Property profile & analytics
OFF-MARKET
Office Spaces

302 3Rd St Neptune Beach, FL 32266

6,600 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 6,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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