3811 Blanding BlvdJacksonville, FL 32210
- Office properties
- 3,620 SF
Property Details for 3811 Blanding Blvd
- Year built
- 1989
- Construction
- WOOD
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 3,620 SF
- Zone code
- CCG-1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 104518-0000
- APU
- 1045180000
Description
This exceptional two-story office building, located at 3811 Blanding Boulevard, presents a unique opportunity for both owner-users and investors. The property boasts a total of 3,620 square feet situated on a 0.25-acre lot, with a convenient location near Cedar River. The building features a single tenant occupancy, with Suite 1 & 2 totaling 2,870 square feet currently available for lease at a modified gross rate of $19 per square foot. Suite 3 is occupied on a month-to-month basis. Ample parking is provided with 12-15 spaces available. The property is further enhanced by a recently installed roof (2024), ensuring long-term cost savings and peace of mind. The asking price for the entire building is $700,000. This presents a compelling investment opportunity due to its strong location, existing tenancy, and recent improvements. The property's single-tenant structure offers simplicity in management, while the lease potential provides a steady income stream. The convenient location on Blanding Boulevard ensures high visibility and accessibility. This property is ideal for a business seeking to establish a strong presence in a thriving area or for an investor looking for a stable, income-generating asset. The APN is 1045180000. This is a rare opportunity to acquire a well-maintained, strategically located office building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $781,739
- 6.5%
- $721,605
- 7%
- $670,062
-
Comparable approach
- Method
- Valuation
- Relative Method
- $246,196
- Geo Method
- $246,196
-
Alternative Use
- Use
- Valuation
- Residential
- $894,790
- Hospitality
- $819,623
- Educational
- $681,917
- Medical
- $705,369
- Retail
- $1,060,760
Location Insight
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Latitude
- 30.2678
- Longitude
- -81.7369
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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