Building Details

Year Built 1993

Building Size 8,000 SF

Listing Agency: COLDWELL BANKER VANGUARD REALTY s***@lewisgroupjax.com Show Phone

Listed By: HUMBERTO SALAZAR · License #3204773 Show Phone

Source: Endlesssummerrealty

Added: Oct 24 Changed: Oct 26 Last Checked: Oct 28 at 8:44AM

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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 COLDWELL BANKER VANGUARD REALTY

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This flex warehouse contains 8,000 square feet on a 0.66-acre lot and was built in 1993. The property has three-phase power, a 700-amp service panel, and a connection point for a generator. It is unoccupied, with possession available at closing.

Located on Sunbeam Road in Jacksonville’s Mandarin/San Jose submarket, the property has exposure to a high-visibility road with 21,000 AADT. A digital pylon sign stands on an independent lot, with no COA fees. IL (Light Industrial) zoning allows multiple uses.

Key Highlights

• 8,000 square feet on a 0.66‑acre lot
• IL (Light Industrial) zoning
• Three‑phase power with a 700‑amp service panel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$87,048

Cap Rate

7.25%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,740,960 $1.7M

Cap Rate 7%

$1,243,543 $1.2M

Cap Rate 9%

$967,200 $967.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,000 SF

Gross rent

$144.0K $18.00/SF

− Vacancy

−$10.1K −$1.26/SF

EGI

$133.9K $16.74/SF

− OpEx

−$46.9K −$5.86/SF

NOI

$87.0K $10.88/SF

Area

Jacksonville, FL

Vacancy

7.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,740,960

Cap Rate 7%

$1,243,543

Cap Rate 9%

$967,200

Alternative Uses

Best Use

Flex RnD

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $87,048 @ 7.0% cap · market cap 7.25%

Second Best

Warehouse

$771.1K

$674.7K – $899.6K (±1% cap)

NOI $53,978 @ 7.0% cap · market cap 4.50%

Theoretical Best

Office A

$2.19M

$1.92M – $2.56M (±1% cap)

NOI $153,408 @ 7.0% cap · market cap 12.78%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

U-Haul Neighborhood Dealer Car Rental Facility Viking Auto Repair ... Auto Repair Shop

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Building Supply Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

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

4.6% 2019

5.9% 2020

3.6% 2021

1.9% 2022

3.7% 2023

7.3% 2024

10.8% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - An 8,000-square-foot facility offers three-phase power and IL zoning for a range of light industrial uses.

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 $1,200,000.

What are key features of this property?

This property features: 8,000 square feet on a 0.66‑acre lot; IL (Light Industrial) zoning; Three‑phase power with a 700‑amp service panel