4131 University BlvdJacksonville, FL 32216

Property Details for 4131 University Blvd

Year built

1988

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

1,248 SF

Zone code

CRO

Property type

Medical offices

Property subtype

Medical centers

APN

137147-0040

APU

1371470040

Description

This exceptional 6,686 square foot Class B office building, located at 4131 University Blvd S in Jacksonville, Florida (32216), is ideally situated in Duval County's thriving medical corridor. Boasting a newly renovated interior, this property offers a seamless transition for healthcare professionals or executive businesses. The building features a mix of office and clinical space, including seven restrooms, a large waiting room, and multiple private offices. All exam rooms are equipped with sinks. The HVAC systems are in excellent condition, with two units being only two years old. A new roof, floors, windows, and interior paint enhance the property's appeal. Medical furniture is in place and can be leased or sold separately. The building can be divided to accommodate multiple tenants. Ample parking is available with a 5/1,000 ratio (approximately 34 spaces), including staff parking with a private entrance. This prime location, just off University Blvd, enjoys high visibility to over 40,000 vehicles daily and is conveniently located five minutes from major healthcare providers like Memorial Hospital and Brooks Rehabilitation. The 0.5-acre lot provides ample space and accessibility. This is a remarkable opportunity to establish or expand your business in one of Jacksonville's fastest-growing submarkets.

• CAP approach

  CAP return

  Valuation

  6%

  $216,541

  6.5%

  $199,884

  7%

  $185,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $84,876

  Geo Method

  $84,876

• Alternative Use

  Use

  Valuation

  Residential

  $247,856

  Hospitality

  $227,035

  Educational

  $188,890

  Medical

  $195,386

  Retail

  $293,829

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2822

Longitude

-81.6015

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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