2797 St Johns Blf Rd Jacksonville, FL 32246
This exceptional investment opportunity presents two Class A office buildings totaling 7,699 square feet situated on a 0.73-acre lot at 2797 & 2801 St. Johns Bluff Road in Jacksonville, Florida, zip code 32246. Built in 1988, this multi-tenant property boasts 100% occupancy, generating a 6.20% cap rate with an asking price of $3,500,000 ($454.60/sq ft). The property features a diverse mix of national and local tenants under long-term leases, providing a stable and consistent income stream with staggered expirations. Located in a high-traffic area at a signalized intersection, this prime location ensures excellent visibility and accessibility. The property is zoned IBP and offers a blend of executive, medical, and traditional office spaces. This investment presents a rare opportunity to acquire a fully leased, high-performing asset in a thriving Jacksonville commercial corridor. The strong tenant base, prime location, and consistent cash flow make this an ideal addition to any investment portfolio. The property's multi-tenant structure mitigates risk and offers potential for future growth. This is a turnkey investment ready to generate immediate returns.
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.