Fenced-Yard Flex
For Sale
Contact for pricing
10155 NEW KINGS RD, Jacksonville, FL 32219
Renovating facility combines warehouse, office, power, grade-level access, and secured outdoor storage for industrial operations.
Property Size13,981 SF
Lot Size1.33 Acres
Price / SF$175.24
Days on Market99
Property Features for 10155 NEW KINGS RD
General Information
Standard status
Active
Size
13,981 SF
Total Parking Spaces
24
Lot size
1.33 Acres
Property subtype
Industrial
Zoning
CCG-2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
18 ft
Office Build-Out
1,760 SF
Drive-In Doors
7
Power
400 amps
Voltage
240 V
Three-Phase Power
Yes
Building Details
Year Built
1977
Buildings
1
Stories
1
Units
4
Building Size
13,981 SF
Listing Agency:
Colliers - Jacksonville, Florida
Listed By:
Michael Cassidy · License #SL3419483
(904) 598-4984
Source:
Crexi
Added: Jul 28
Changed: Oct 31
Last Checked: Nov 3 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Jacksonville, Florida
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Investment Insights
Based on property information with market context.
This 13,981± SF flex space is undergoing extensive renovations and includes a warehouse, approximately 1,760± SF of office area, and a fully fenced outdoor yard. Seven grade-level roll-up doors support loading and equipment movement, while approximately 18′ clear heights accommodate a range of industrial functions. The property also has 400A, 240V, 3-phase power and an existing large paint booth that may be removed for operational flexibility.
The 1.33± acre site is positioned less than one-half mile from I-295 with direct access to US Hwy-1 (New Kings Rd). The location provides connectivity to Jacksonville International Airport, JAXPORT, I-95, and distribution routes across NE Florida. The secured yard supports outdoor storage, equipment parking, and truck circulation. Stated applications include service, manufacturing, fabrication, fleet, contractor, equipment distribution, automotive, and owner-operated uses.
The 1.33± acre site is positioned less than one-half mile from I-295 with direct access to US Hwy-1 (New Kings Rd). The location provides connectivity to Jacksonville International Airport, JAXPORT, I-95, and distribution routes across NE Florida. The secured yard supports outdoor storage, equipment parking, and truck circulation. Stated applications include service, manufacturing, fabrication, fleet, contractor, equipment distribution, automotive, and owner-operated uses.
Key Highlights
- 13,981± SF industrial flex facility on a 1.33± acre site
- Seven grade‑level roll‑up doors and approximately 18′ clear heights
- Approximately 1,760± SF of dedicated office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,127
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,042,540
$3.0M
Cap Rate 7%
$2,173,243
$2.2M
Cap Rate 9%
$1,690,300
$1.7M
Market Conditions
NOI Build-Up for 13,981 SF
Gross rent
$251.7K $18.00/SF
− Vacancy
−$17.6K −$1.26/SF
EGI
$234.0K $16.74/SF
− OpEx
−$81.9K −$5.86/SF
NOI
$152.1K $10.88/SF
Area
Jacksonville, FL
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,042,540
Cap Rate 7%
$2,173,243
Cap Rate 9%
$1,690,300
Alternative Uses
Best Use
Flex RnD
$2.17M
$1.90M – $2.54M
NOI $152,127 @ 7.0% cap · market cap 6.21%
Second Best
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,334 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$3.83M
$3.35M – $4.47M
NOI $268,100 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
18 ft
Clear height
7
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 32219, FL
14,474
Population
5,780
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
86%
High-School Grad
71.5 sq mi
ZIP Area
202
Density / Sq Mi
$65,104
Median Household Income
$37,410
Median Earnings
$1,348
Median Rent
$205,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Flex space - Renovating facility combines warehouse, office, power, grade-level access, and secured outdoor storage for industrial operations.
Where is this flex space located?
The property is located at 10155 NEW KINGS RD Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 13,981± SF industrial flex facility on a 1.33± acre site; Seven grade‑level roll‑up doors and approximately 18′ clear heights; Approximately 1,760± SF of dedicated office space
