Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3535 St Johns Blf Rd Jacksonville, FL 32224
    Back to Search
    Property profile & analytics

    3535 St Johns Blf Rd, Jacksonville, FL 32224

    View on Map
    • Retail properties & Spaces
    • 11,344 SF
    • 1.63 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3535 St Johns Blf Rd

    Year built
    1995
    Lot size
    1.63 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Bars & Pubs

    Description

    Exceptional opportunity to acquire two fully leased, mixed-use commercial properties totaling 11,344 square feet on 1.63 acres in Jacksonville, Florida. Located at 3535 and 3545 St Johns Bluff Rd S, this prime location boasts over 325 feet of frontage on a high-traffic corridor near the St Johns Town Center and JAXEX Executive Airport. The property features a diverse tenant mix including retail, office, and a bar/lounge, generating over $245,000+ in annual gross rental income. Anchored by long-term tenants, including one with a recently renewed 5-year lease, this stabilized asset offers predictable income and significant growth potential. Recent updates include HVAC systems less than 5 years old, and the property benefits from ample secured parking. The buildings, constructed in 1995, are well-maintained and situated in a rapidly growing area, ensuring increased demand and long-term value appreciation. The property is zoned CCG1 and includes two one-story buildings. This investment opportunity is ideal for those seeking strong fundamentals, diversified income streams, and exposure to one of Jacksonville's most dynamic commercial corridors. The property's APN is 165412-0610.

    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
    -81.525
    Latitude
    30.2844

    Comparable in this City

    • Value Estimation by Request
      2,192 SF

      4745 Sutton Park Ct

      Medical Office Space
      4745 Sutton Park Ct, Jacksonville, FL 32224
      View Details
    • Value Estimation
      $660,000
      5,078 SF

      3535 Saint Johns Blf S Rd

      NIGHTCLUB (COCKTAIL LOUNGE)
      3535 Saint Johns Blf S Rd, Jacksonville, FL 32224-2615
      View Details
    • Value Estimation
      $1,515,000
      510 SF

      3264 Gerona E Dr

      DRIVE-THRU RESTAURANT, FAST FOOD
      3264 Gerona E Dr, Jacksonville, FL 32224-1244
      View Details
    • Value Estimation by Request

      3546 St Johns Blf Rd

      Mixed-use properties
      3546 St Johns Blf Rd, Jacksonville, FL 32224
      View Details
    • Value Estimation by Request
      1,875 SF

      3546 Saint Johns Blf S Rd, Unit 203

      RETAIL STORES (PERSONAL SERVICES)
      3546 Saint Johns Blf S Rd, Jacksonville, FL 32224-2716
      View Details
    • Value Estimation by Request
      2,857 SF

      3546 Saint Johns Blf S Rd, Unit 113

      RETAIL STORES (PERSONAL SERVICES)
      3546 Saint Johns Blf S Rd, Jacksonville, FL 32224-2714
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,753 SF

      Retail Property on St Johns Bluff

      Retail property available for sale in Jacksonville, Florida.
      3546 St Johns Blf Rd S, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      1,140 SF

      Modern Windsor Park Office Condo

      1,140 SF office condo with recent upgrades for sale.
      13500 Sutton Park Dr S, Jacksonville, FL 32224
      View Details
    • New
      $495,000
      2,400 SF

      Office Warehouse in Eastpark Business

      2400 SF office warehouse with easy access to major routes.
      3653 Regent Blvd, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      10,400 SF

      Kernan Plaza Retail Opportunity

      Retail shopping center in Jacksonville, Florida, shadow-anchored by Publix.
      3503 Kernan Blvd South, Jacksonville, FL 32224
      View Details
    • Contact for pricing

      Kernan Plaza Retail Opportunity

      Multi-tenant retail plaza in Jacksonville's coveted area.
      3503 Kernan Blvd South, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      1,623 SF

      Renovated Condo Near Jacksonville Beach

      Updated condo in Wolf Creek, close to Jacksonville Beach.
      13364 Beach Blvd, Jacksonville, FL 32224
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Beach Boulevard

      Retail space available near Target, Michael's, Office Max.
      13740 Beach Blvd, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      1,322 SF

      Versatile Space on Hodges Boulevard

      Two-story building suitable for medical, office, or retail use.
      4796 Hodges Blvd, Jacksonville, FL 32224
      View Details
    • $23 SF/Yr

      Retail Space in Kernan Plaza

      Retail space available in Publix anchored shadow center.
      3503 Kernan Blvd South, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space Near Publix

      Retail space with excellent visibility near major traffic artery.
      4761 Hodges Blvd, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Mayo Clinic

      Retail space available in high-traffic Jacksonville location.
      13740 Beach Blvd, Jacksonville, FL 32224
      View Details
    • Contact for pricing
      1,384 SF

      Retail Space in Jacksonville, FL

      Retail space available for lease in Jacksonville, Florida.
      12210 Dairy Rdg Rd, Jacksonville, FL 32224
      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.
    3535 St Johns Blf Rd
    Jacksonville, FL 32224
    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
    3535 St Johns Blf Rd, Jacksonville, FL, 32224
    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!