Warehouse with Grade-Level
For Sale
Contact for pricing
14353 N Main St, Jacksonville, FL 32218
Pre-engineered warehouse built in 1984 with 16–20 clear heights, (4) 12' x 14' grade-level doors, and 50 parking spots.
Property Size10,000 SF
Lot Size2.40 Acres
Price / SF$180
Days on Market458
Property Features for 14353 N Main St
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
50
Lot size
2.40 Acres
Property subtype
INDUSTRIAL
Zoning
CCG-2 / PUD
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
1,900 SF
Drive-In Doors
4
Power
400 amps
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1984
Year Renovated
2018
Building Size
10,000 SF
Construction
pre-engineered block & metal
Listing Agency:
Newmark Phoenix Realty Group | Jacksonville
(904) 399-5222
Listed By:
John (J.R.) Richardson, SIOR
(904) 728-4513
Source:
Moodyscre
Added: Jun 26, 2025
Changed: Sep 5
Last Checked: Sep 24 at 2:17PM
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 Newmark Phoenix Realty Group | Jacksonville
Investment Insights
Based on property information with market context.
This warehouse property includes approximately 10,000 square feet of space with a pre-engineered block and metal construction. Clear heights range from 16 to 20 feet, supported by a reinforced 6-inch slab rated at 3,000 psi. The building is served by four (4) 12-foot by 14-foot grade-level doors. Office space totals approximately 1,900 square feet, and the site provides 50 parking spots. Power is listed as 400 amps with 115/230V, 3-phase service, and utilities include city water and sewer.
The property is located on N. Main Street with visibility from that roadway. It is positioned on a 2.4-acre site and is scheduled to be available beginning April 1, 2025.
The property is zoned CCG-2 / PUD and has a year built/renovated of 1984/2018.
The property is located on N. Main Street with visibility from that roadway. It is positioned on a 2.4-acre site and is scheduled to be available beginning April 1, 2025.
The property is zoned CCG-2 / PUD and has a year built/renovated of 1984/2018.
Key Highlights
- ±110,000 SF pre‑engineered warehouse available April 1, 2025
- Site size ±2.4 acres with 50 parking spots
- 16'-20' clear heights and reinforced slab: 6" 3000 psi
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
$62,256
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
3.46%
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%
$1,245,120
$1.2M
Cap Rate 7%
$889,371
$889.4K
Cap Rate 9%
$691,733
$691.7K
Market Conditions
NOI Build-Up for 10,000 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
$78.0K $7.80/SF
− Vacancy
−$4.8K −$0.48/SF
EGI
$73.2K $7.32/SF
− OpEx
−$11.0K −$1.10/SF
NOI
$62.3K $6.23/SF
Area
ZIP 32218
Vacancy
6.10%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
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%
$1,245,120
Cap Rate 7%
$889,371
Cap Rate 9%
$691,733
Alternative Uses
Best Use
Warehouse
$889.4K
$778.2K – $1.04M
NOI $62,256 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,720 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
20 ft
Clear height
4
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32218, FL
67,040
Population
27,895
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
96.7 sq mi
ZIP Area
693
Density / Sq Mi
$68,363
Median Household Income
$37,322
Median Earnings
$1,416
Median Rent
$260,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Jacksonville, FL
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Frequently Asked Questions
What type of property is this?
Warehouse - Pre-engineered warehouse built in 1984 with 16–20 clear heights, (4) 12' x 14' grade-level doors, and 50 parking spots.
Where is this warehouse located?
The property is located at 14353 N Main St Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: ±110,000 SF pre‑engineered warehouse available April 1, 2025; Site size ±2.4 acres with 50 parking spots; 16'-20' clear heights and reinforced slab: 6" 3000 psi
