3811 Blanding BlvdJacksonville, FL 32210

  • Office properties
  • 3,620 SF
For Lease
$19/SF/YR View listing

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
3811 Blanding Blvd, Jacksonville, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,692
$82,515
$346,485
$429,000
-
$82,515
$346,485
$429,000

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