3811 Blanding BlvdJacksonville, FL 32210

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 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.

• 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

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