3101 University BlvdJacksonville, FL 32216

Property Details for 3101 University Blvd

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.17 AC

Property size (Sq ft)

23,944 SF

Zone code

CCG-1

Property type

Healthcare properties

Property subtype

Medical offices

APN

138633-0015

APU

1386330015

Description

The University Executive Center offers a diverse range of office spaces, ideal for various business needs. Located at the highly visible intersection of University Boulevard and Beach Boulevard, this Duval County property boasts 20,960 square feet of total office space, with flexible options available. Five spaces are currently available, ranging from a minimum of 1,636 square feet to a maximum contiguous space of 11,128 square feet. A significant 11,451 square feet is currently vacant, presenting a unique opportunity for expansion or consolidation. The building's strategic location provides convenient access to the Hart Bridge Expressway, ensuring effortless commutes for employees and clients. Its proximity to Memorial Hospital and Brooks Rehabilitation Hospital makes it particularly attractive to medical practices or businesses serving the healthcare sector. The area offers numerous dining options for employees and visitors. Enhance your business visibility with available building and pylon signage opportunities. Ample parking is provided, accommodating patients, clients, and staff with ease. This multi-tenant building caters to executive, medical, creative, and traditional office requirements, offering a versatile and well-situated location for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $4,154,530

  6.5%

  $3,834,950

  7%

  $3,561,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,628,432

  Geo Method

  $1,628,432

• Alternative Use

  Use

  Valuation

  Residential

  $4,755,338

  Hospitality

  $4,355,864

  Educational

  $3,624,028

  Medical

  $3,748,664

  Retail

  $5,637,377

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2948

Longitude

-81.6011

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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