Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4131 University Blvd. #3 Jacksonville Jacksonville, FL 32216

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4131 University Blvd. #3 Jacksonville Jacksonville, FL 32216

    View on Map
    • Office properties & Spaces
    • 6,686 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 4131 University Blvd. #3 Jacksonville

    Year built
    1973
    Property size
    6,686 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This 6,686 square foot Class B medical office building, constructed in 1973, is located at 4131 University Blvd. #3, Jacksonville, FL 32216, in Duval County. Priced at $1,285,000, this turn-key property boasts a recently renovated interior, including a new roof, floors, windows, and interior paint. The building features three HVAC systems (two are only two years old), ensuring optimal climate control. Seven restrooms, a spacious waiting area, and multiple private offices provide ample space for a thriving practice. Each exam room is equipped with a sink. The property's layout allows for potential division into multiple tenant spaces. All medical equipment is available for purchase, making this a truly seamless transition for any medical or professional practice. Its prime location offers convenient access to I-95 (2.2 miles), Memorial Hospital (under a minute's drive), and other leading medical facilities. This property is situated in a rapidly growing Jacksonville submarket near Brooks Rehabilitation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.601
    Latitude
    30.2821

    Comparable in this City

    • Value Estimation by Request
      2,520 SF

      6789 Southpoint Dr

      Medical Office Space • 2,520 SF
      6789 Southpoint Dr, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      5,040 SF

      6789 Southpoint Pkwy

      Medical Office Space • 5,040 SF
      6789 Southpoint Pkwy, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      3,817 SF

      6210 Samuel Wells Dr

      Medical Office Space • 3,817 SF
      6210 Samuel Wells Dr, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      20,208 SF

      3502 University Blvd

      Medical Office Space • 20,208 SF
      3502 University Blvd, Jacksonville, FL 32216
      View Details
    • Value Estimation by Request
      3,803 SF

      6221 Samuel Wls Dr, Unit 1500

      MEDICAL BUILDING • 3,803 SF
      6221 Samuel Wls Dr, Jacksonville, FL 32216-4221
      View Details
    • Value Estimation by Request
      1,140 SF

      6817 Southpoint Pkwy Ste, Unit 1703

      MEDICAL BUILDING • 1,140 SF
      6817 Southpoint Pkwy Ste, Jacksonville, FL 32216-6298
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,686 SF

      University Blvd Office Space

      Move-in ready medical/executive office
      4131 University Blvd, Jacksonville, FL 32216
      View Details
    • $379,000
      1,840 SF

      Versatile Commercial Unit in Jacksonville

      Commercial unit in high-traffic area, suitable for diverse businesses.
      4131 University Boulevard Ct South, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      3,223 SF

      Accessible Jacksonville Office Near Hospitals

      Office space with convenient access to major roads and hospitals.
      4063 Salisbury Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      14,857 SF

      Medical Office Building For Sale

      Medical office building with high occupancy and strong cash flow.
      5600 Spring Park Rd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      6,686 SF

      Move-in Ready Medical Office Building

      Renovated medical office near hospitals, high visibility location.
      4131 University Blvd S, Jacksonville, FL 32216
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Lease - Jacksonville, FL

      1,600 SF sublease opportunity in Publix-shadowed neighborhood center.
      2777 W University Blvd, Jacksonville, FL 32216
      View Details
    • Contact for pricing
      4,670 SF

      Turnkey Medical Suites Available

      Medical/office suites near Memorial Hospital and Brooks Rehabilitation for rent.
      3225 University Blvd S, Jacksonville, FL 32216
      View Details
    • $27 SF/Yr
      2,200 SF

      Beach Boulevard Commercial Unit

      2,200 SF commercial unit on Jacksonville's Beach Boulevard.
      6269 Beach Blvd, Jacksonville, FL 32216
      View Details
    • $4,400 /Mo
      10,944 SF

      Medical Office Space For Rent

      Prime medical office space in Jacksonville's healthcare corridor.
      6269 Beach Blvd, Jacksonville, FL 32216
      View Details
    • $27 SF/Yr

      Jacksonville Commercial Space For Rent

      Commercial space suitable for medical, dental, or legal offices.
      1680 Southside Blvd, Jacksonville, FL 32216
      View Details
    • $20 SF/Yr
      1,057 SF

      University Boulevard Office Space Available

      Contiguous office space ideal for medical or service firms.
      4244 University Blvd S, Jacksonville, FL 32216
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4131 University Blvd. #3 Jacksonville
    Jacksonville, FL 32216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    4131 University Blvd. #3 Jacksonville, Jacksonville, FL, 32216

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!