435 Cassat Ave & 450 Ryan Avenue, Jacksonville, FL 32254
Leased and owner-occupy warehouse parcels totaling 22,310± SF under CCG-2 zoning near I-10 and I-95.
- Added:
- Jun 10, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 5:40 am
Property Features for 435 Cassat Ave & 450 Ryan Avenue
General Information
- Standard status
- Active
- Size
- 22,310 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1961
Listing agent Mark Wainwright License #FL 508359
Listing office Pine Street / RPS
Listing date Jun 10, 2026
Source Crexi
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 Pine Street / RPS
HighLights
- Two commercial parcels totaling 22,310± SF under CCG‑2 zoning in Jacksonville, FL
- 435 Cassat Avenue is leased to a stable tenant with a signed lease through early 2027
- 450 Ryan Avenue is available for owner‑occupancy
- Near major roadways with proximity to I‑10 and I‑95
- Year built: 1961
Overview
The properties are positioned near major roadways, with access to I-10 and I-95. The area also provides convenient proximity to Beaver Street and other industrial connectivity that can support day-to-day logistics. Jacksonville International Airport is described as a short drive away, which may be relevant for businesses requiring frequent travel.
For tenants and owner-operators, the combination of a leased parcel and an available parcel can fit multiple strategies, including acquiring space with an in-place lease while planning for occupancy or business expansion. Buyers considering this asset for their operating needs may find the owner-occupancy option at 450 Ryan Avenue useful, while the lease term on 435 Cassat Avenue provides additional structure within the overall portfolio. The offering’s straightforward two-parcel setup supports clear decision-making around occupancy and leasing plans.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.4k | $8.40 |
| − Vacancy | −$10.3k | −$0.46 |
| EGI | $177.1k | $7.94 |
| − OpEx | −$26.6k | −$1.19 |
| NOI | $150.5k | $6.75 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.729372
- Latitude
- 30.321891
