Current Use by Public Records
- Office Spaces
Property Details for 2797 St Johns Blf Rd
- Year built
- 1988
- Lot size
- 0.73 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.5254
- Latitude
- 30.2955
