Jacksonville Industrial Building for
2127 Hubbard St, Jacksonville, FL 32206
For Sale
$3,500,000
45,732 SF industrial building on 3.03 acres in Jacksonville.
Property Size45,732 SF
Lot Size3.03 Acres
Price / SF$76.53
Days on Market231
Property Features for 2127 Hubbard St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
SVR Commercial
Listed By:
Jeffrey Terwilliger · License FL BK3122117
(607) 745-0364
Source:
Svrcommercial
Added: Mar 27
Changed: Nov 7
Last Checked: Nov 12 at 6:12AM
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 SVR Commercial
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Investment Insights
Based on property information with market context.
The property at 2127 Hubbard St, Jacksonville, FL 32206 is a single-story industrial building totaling 45,732 square feet, situated on 3.03 acres. The building includes approximately 5,000 square feet of office space, 15,230 square feet designated for manufacturing, and 23,650 square feet of warehouse space. Zoned for light industrial use, the property is suitable for a variety of industrial and commercial operations. Its location in the Springfield district, adjacent to the railway and near major transportation routes such as I-95, I-10, and the I-295 beltway, makes it accessible. The property is positioned in an active industrial area undergoing redevelopment and neighborhood improvements. The location is near major roadways and JAXPORT shipyards.
Key Highlights
- 45,732 SF single‑story industrial building on 3.03 acres.
- Light industrial zoning accommodates a wide range of uses.
- Located adjacent to railway and major transportation arteries (I‑95, I‑10, I‑295).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$254,114
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,082,280
$5.1M
Cap Rate 7%
$3,630,200
$3.6M
Cap Rate 9%
$2,823,489
$2.8M
Market Conditions
NOI Build-Up for 45,732 SF
Gross rent
$384.1K $8.40/SF
− Vacancy
−$21.1K −$0.46/SF
EGI
$363.0K $7.94/SF
− OpEx
−$108.9K −$2.38/SF
NOI
$254.1K $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 Rate 5%
$5,082,280
Cap Rate 7%
$3,630,200
Cap Rate 9%
$2,823,489
Alternative Uses
Best Use
Flex RnD
$7.11M
$6.22M – $8.29M
NOI $497,610 @ 7.0% cap · market cap 14.22%
Second Best
Industrial
$3.63M
$3.18M – $4.24M
NOI $254,114 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$12.53M
$10.96M – $14.62M
NOI $876,957 @ 7.0% cap · market cap 25.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 32206, FL
18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Jacksonville, FL
Properties on Market for Flex space in Jacksonville
Vacancy Rate% for Industrial in Jacksonville, FL
Similar Off Market Nearby
- The Grub Brothers Creative Catering — 459 E 16th St, Jacksonville, FL 32206
- Flavva Restaurant — 3125 N Pearl St, Jacksonville, FL 32206
- Maids R US Cleaning Services — 1237 e 26th st, jacksonville, fl 32206
Frequently Asked Questions
What type of property is this?
Flex space - 45,732 SF industrial building on 3.03 acres in Jacksonville.
Where is this flex space located?
The property is located at 2127 Hubbard St Jacksonville, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 45,732 SF single‑story industrial building on 3.03 acres.; Light industrial zoning accommodates a wide range of uses.; Located adjacent to railway and major transportation arteries (I‑95, I‑10, I‑295).
