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5010 Blackburn St 1,353 SF Specialty Building Offered at $259,900 at a 9.77% Cap Rate in Jacksonville, FL 32210
INVESTMENT HIGHLIGHTS
- POSSIBLE 9 OR 10 CAP PROPERTY
- Lots of Office or business/residential uses
- High Traffic - Easily Accessible Controlled Intersection
- Great professional office location
EXECUTIVE SUMMARY
Superb location at a high traffic intersection of Blanding Blvd, Cassat Ave & Blackburn St. Former insurance office has hardwood floors throughout, nice layout with 3 offices, sunroom, kitchen, bathroom and large entry/main room that could serve as more offices or reception/waiting area. Once used as a daycare also, this property has numerous use possibilities. Property is vacant waiting on new office tenant or owner/user. POSSIBLE 9 OR 10 CAP!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$24,360
|
$18.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,360
|
$18.00
|
| Taxes |
$2,146
|
$1.59
|
| Operating Expenses |
$2,400
|
$1.77
|
| Total Expenses |
$4,546
|
$3.36
|
| Net Operating Income |
$19,814
|
$14.64
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $24,360 |
| Annual Per SF | $18.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $24,360 |
| Annual Per SF | $18.00 |
| Taxes | |
|---|---|
| Annual | $2,146 |
| Annual Per SF | $1.59 |
| Operating Expenses | |
|---|---|
| Annual | $2,400 |
| Annual Per SF | $1.77 |
| Total Expenses | |
|---|---|
| Annual | $4,546 |
| Annual Per SF | $3.36 |
| Net Operating Income | |
|---|---|
| Annual | $19,814 |
| Annual Per SF | $14.64 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 094821-0005 | Total Assessment | $113,934 |
| Land Assessment | $0 | Annual Taxes | $2,146 ($1.59/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
094821-0005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$113,934
Annual Taxes
$2,146 ($1.59/SF)
Tax Year
2025
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