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1807 Rogero Rd 2,684 SF 94% Leased Office Building Jacksonville, FL 32211 $535,000 ($199.33/SF) 8.54% Cap Rate
Executive Summary
Income-Producing O?ce/Medical Building — Day-One Cash Flow
This is a rare chance to acquire a fully stabilized, income-producing freestanding o?ce building in Jacksonville's established Arlington — with revenue in place from day one.
The property currently generates $63,300 in gross annual revenue potential (currently 26,100 with owner tentant not contributing, with 56,100) with a net operating income of $46,000 potential, producing a cap rate of 8.54% at the listed price. The building is already 40% leased to two tenants, 8% small tenancy vacant - currently listed for rent.
The seller occupies the remaining 52% of the space and o?ers maximum flexibility: the seller will leaseback their suite for 6–18 months at market rate, immediately pushing occupancy to 100% and maximizing income from the day of purchase — or, if the buyer prefers to owner-occupy or re-tenant that space, the seller is equally willing to vacate 30 days after closing.
This is a rare chance to acquire a fully stabilized, income-producing freestanding o?ce building in Jacksonville's established Arlington — with revenue in place from day one.
The property currently generates $63,300 in gross annual revenue potential (currently 26,100 with owner tentant not contributing, with 56,100) with a net operating income of $46,000 potential, producing a cap rate of 8.54% at the listed price. The building is already 40% leased to two tenants, 8% small tenancy vacant - currently listed for rent.
The seller occupies the remaining 52% of the space and o?ers maximum flexibility: the seller will leaseback their suite for 6–18 months at market rate, immediately pushing occupancy to 100% and maximizing income from the day of purchase — or, if the buyer prefers to owner-occupy or re-tenant that space, the seller is equally willing to vacate 30 days after closing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,684 SF
Building Class
C
Year Built
1961
Price
$535,000
Price Per SF
$199.33
Cap Rate
8.54%
NOI
$45,689
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,684 SF
Building FAR
0.19
Lot Size
0.33 AC
Zoning
CO - Commercial Office
Parking
25 Spaces (9.31 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste C
- 168 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste C | 168 SF | Office | - | Now |
1st Fl-Ste C
| Size |
| 168 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 120452-0020 | Improvements Assessment | $142,031 |
| Land Assessment | $74,369 | Total Assessment | $216,400 |
Property Taxes
Parcel Number
120452-0020
Land Assessment
$74,369
Improvements Assessment
$142,031
Total Assessment
$216,400
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Contact the Sale Advisor
1807 Rogero Rd