4244 University BlvdJacksonville, FL 32216

Property Details for 4244 University Blvd

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.58 AC

Property size (Sq ft)

6,608 SF

Zone code

CCG-1

Property type

Healthcare properties

Property subtype

Medical offices

APN

137115-0000

APU

1371150000

Description

This exceptional commercial property, located at 4244 University Boulevard South in Duval County, offers a versatile office space ideal for medical practices or other businesses. Situated on a 0.48-acre lot, the single-story building features a total of 33 parking spaces, ensuring ample convenience for staff and clients. Currently, one suite of 1,050 square feet is immediately available for lease, with the potential to expand by combining it with an adjacent 1,266 square foot suite (becoming available December 1, 2023). The property's prime location near Memorial Hospital on University Boulevard provides excellent visibility and accessibility. The existing office space can be customized to meet a tenant's specific needs and specifications. Significant improvements are underway, including the complete replacement of the flooring with durable and attractive LVP/LVT. The property's APN is 1371150000. Property taxes are $1.35 per square foot. This is a rare opportunity to secure a well-located, adaptable office space in a thriving area. Don't miss out on this chance to establish your business in a highly desirable location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,146,556

  6.5%

  $1,058,359

  7%

  $982,762

• Comparable approach

  Method

  Valuation

  Relative Method

  $449,410

  Geo Method

  $449,410

• Alternative Use

  Use

  Valuation

  Residential

  $1,312,365

  Hospitality

  $1,202,120

  Educational

  $1,000,149

  Medical

  $1,034,546

  Retail

  $1,555,788

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2798

Longitude

-81.6034

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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