Commercial Flex Warehouse For
For Sale
$1,900,000
4521 Sunbeam Road, Jacksonville, FL 32257
Flex warehouse building on a premium Jacksonville location for sale.
Property Size8,000 SF
Lot Size0.66 Acres
Price / SF$65.10
Days on Market160
Property Features for 4521 Sunbeam Road
General Information
Standard status
Active
Size
8,000 SF
Total Parking Spaces
20
Lot size
0.66 Acres
Property subtype
Industrial
Zoning
IL
Building Details
Building Size
8,000 SF
Year Built
1993
Stories
1
Listing Agency:
(904) 309-4700
Listed By:
Humberto Salazar · License #3204773
(904) 309-4700
Source:
Cbcworldwide
Added: Mar 5
Changed: Aug 8
Last Checked: Apr 9 at 9:00PM
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 Humberto Salazar
Investment Insights
Based on property information with market context.
This commercial flex warehouse building is available for sale in a premium location in Jacksonville, Florida. The modular metal building is situated independently on a 0.66-acre lot, eliminating CAM fees. It features 145 feet of frontage on a main thoroughfare. The property includes a fenced-in back parking lot. Inside, there is a reception and waiting area, along with private office space. Four roll-up metal doors provide access to work bay areas and storage. Three doors have a 12-foot clearance, and one has a 14-foot clearance. The location benefits from an average daily traffic count of 21,000 vehicles, according to the FDOT website. The building has 29,185 square feet.
Key Highlights
- Premium location with high visibility: 21,000 average daily traffic count.
- Independent building on 0.66 acre lot with no CAM fees.
- Boasting 145 ft of frontage on a main thoroughfare.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$162,169
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,243,380
$3.2M
Cap Rate 7%
$2,316,700
$2.3M
Cap Rate 9%
$1,801,878
$1.8M
Market Conditions
NOI Build-Up for 29,185 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$245.2K $8.40/SF
− Vacancy
−$13.5K −$0.46/SF
EGI
$231.7K $7.94/SF
− OpEx
−$69.5K −$2.38/SF
NOI
$162.2K $5.56/SF
Area
Jacksonville, FL
Vacancy
5.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,243,380
Cap Rate 7%
$2,316,700
Cap Rate 9%
$1,801,878
Alternative Uses
Best Use
Flex RnD
$4.54M
$3.97M – $5.29M
NOI $317,562 @ 7.0% cap · market cap 16.71%
Second Best
Warehouse
$2.81M
$2.46M – $3.28M
NOI $196,920 @ 7.0% cap · market cap 10.36%
Theoretical Best
Office A
$8.00M
$7.00M – $9.33M
NOI $559,652 @ 7.0% cap · market cap 29.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32257, FL
41,439
Population
18,465
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
3,369
Density / Sq Mi
$75,180
Median Household Income
$45,772
Median Earnings
$1,441
Median Rent
$305,000
Median Home Value
Market
Vacancy Rate% for Industrial in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse building on a premium Jacksonville location for sale.
Where is this flex space located?
The property is located at 4521 Sunbeam Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Premium location with high visibility: 21,000 average daily traffic count.; Independent building on 0.66 acre lot with no CAM fees.; Boasting 145 ft of frontage on a main thoroughfare.
