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    5203 West 1st Street Jacksonville, FL 32254 Jacksonville, FL 32254

    Sponsored
    For Lease
    $7 SF/Yr

    Prime Jacksonville warehouse space available for sublease.

    Lot size:
    37,470 SF

    Description

    Added:
    Jan 27, 2025
    Days on Market:
    346
    This exceptional 37,470-square-foot industrial property, located at 5203 West 1st Street in Jacksonville, Florida, 32254, presents a unique sublease opportunity. The space is ideal for a variety of industrial or mixed-use businesses seeking a strategic location within a vibrant urban setting. The property's versatile design makes it suitable for both office and warehouse operations, offering ample space for storage, production, or office functions. At a competitive annual rate of $7.50 per square foot, this sublease offers significant value. The lease is structured as a triple net (NNN) lease, meaning tenants are responsible for property taxes, insurance, and maintenance. The property's prime location in Jacksonville offers easy access to major transportation routes, ensuring efficient logistics and distribution. Furthermore, the surrounding area boasts a wealth of amenities, including the Jacksonville Landing, Riverwalk, Cummer Museum of Art & Gardens, and the Museum of Science & History, providing a desirable environment for employees and clients alike. This is an exceptional opportunity to secure a substantial and well-located industrial space in a thriving Florida market. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 5203 West 1st Street Jacksonville, FL 32254

    General Information

    Property type
    Other industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,470 SF
    Elevators
    N/A
    Total Rate
    23418.75

    Building Details

    Year Built
    1969

    HighLights

    • Sublease opportunity: 37,470 sq ft of industrial space in Jacksonville, FL.
    • Prime location near Jacksonville Landing, Riverwalk, and renowned museums.
    • Attractive yearly rate of $7.50 per square foot, NNN.
    Location Intelligence

    Current Use by Public Records

    Woodgrain Hardware Store

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    State
    Florida
    Longitude
    -81.73569
    Latitude
    30.340601

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    FAQs

    What type of property is this?
    Industrial property - Prime Jacksonville warehouse space available for sublease.
    Where is this industrial property located?
    The property is located at 5203 West 1st Street Jacksonville, FL 32254 Jacksonville, FL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Sublease opportunity: 37,470 sq ft of industrial space in Jacksonville, FL.; Prime location near Jacksonville Landing, Riverwalk, and renowned museums.; Attractive yearly rate of $7.50 per square foot, NNN.
    (904) 398-1044
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    5203 West 1st Street Jacksonville, FL 32254 Jacksonville, FL 32254
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5203 West 1st Street Jacksonville, FL 32254 Jacksonville, FL 32254
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