Riverplace Tower - office in Jacksonville, FL
Office

Riverplace Tower

1301 riverplace blvd jacksonville, fl, 32207, jacksonville, FL 32207

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence
Low
$51.00/SF
Mid
$60.00/SF
High
$69.00/SF
Tier Used
peer_city_transfer

Transferred from peer market chicago (similarity: 100%) with 11 comparable listings.

Peer market: chicago (100% similarity)
Tier Resolution Trace
Tier 1insufficient_data
Tier 2insufficient_data
Tier 3insufficient_data
Tier 4successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$60.00/SFpeer_city_transfer
Utilities2.6¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1364/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
Peer City Transfereconomic_similarity11real-timechicago (100%)
Data sources used
peer_city_transfer

Description

Now available for lease, Riverplace Tower located at 1301 Riverplace Blvd Jacksonville, Florida 32207. Available square footage 1,770 - 12,190 SF.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1301 riverplace blvd jacksonville, fl, 32207, jacksonville, FL 32207

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Jacksonville office market showed average asking rents near $23.21/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

indicative confidence
Projected asking rent
$23.21/SF/yr
Estimated sale value
$124–$210/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Jacksonville office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent held flat).

View the full Jacksonville Office market report →

Compare it against other office listings for sale in Jacksonville, FL to benchmark pricing and space — view the full market.

Unified Estimate

Very Low Confidence
$212.02/SF-$286.84/SF
Mid: $249.43/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market chicago (similarity: 100%) with 11 comparable listings.

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
Q1 '26$0$6$12$18$24
Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,474

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,023,153
Median Income$71k
College Educated31.1%
Median Age36.9 yrs
Median Home Value$304k
Unemployment4.5%↑ 0.9pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q3 2025
Median $/SF$231
Avg $/SF$503
25th–75th Percentile$179 – $891
Sample Size11 transactions
CountyDuval

Sold median $231/SF is 417.8% above asking avg $45/SF

Source: florida_dor · County FIPS: 12031

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in jacksonville, FL

More Office for Sale in Jacksonville, FL(4)

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Listed by

JLL