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Warehouse with Loading Docks
For Sale
$2,250,000

479 ZOO, Jacksonville, FL 32218

Industrial-zoned facility with upgraded HVAC, lighting, office finishes, restroom improvements, and roll-up doors.

Property Size32,500 SF
Days on Market52
Rey
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Property Features for 479 ZOO

General Information

Standard status Active
Size 32,500 SF
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $18,878

Building Details

Building Size 32,500 SF
Year Built 1974
Listed By: Mark Allen
Source: Elliman
Added: Aug 25 Changed: Oct 9 Last Checked: Oct 15 at 1:50AM

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 Mark Allen

Investment Insights

Based on property information with market context.

This 32,500-square-foot warehouse facility, built in 1974, includes loading docks, a sprinkler system throughout, and office space with updated carpet. Recent improvements include new air conditioning, LED lighting, restroom upgrades, and brand-new roll-up doors. The property is zoned Industrial and includes electrical and building-system updates among the completed work.

The facility is located at 479 Zoo in Jacksonville, approximately 5 miles from JAXPORT. Zoo Parkway is 1/2 a mile from I-95 Exit 358, providing a direct connection to the regional highway network. The site’s access profile and warehouse configuration support industrial and logistics-oriented operations.

Key Highlights

  • 32,500(+-) SF warehouse space
  • Industrial zoning with loading docks
  • Sprinkler system throughout the facility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$202,331
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,046,620 $4.0M
Cap Rate 7%
$2,890,443 $2.9M
Cap Rate 9%
$2,248,122 $2.2M
Market Conditions
NOI Build-Up for 32,500 SF
Gross rent
$253.5K $7.80/SF
− Vacancy
−$15.5K −$0.48/SF
EGI
$238.0K $7.32/SF
− OpEx
−$35.7K −$1.10/SF
NOI
$202.3K $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 Rate 5%
$4,046,620
Cap Rate 7%
$2,890,443
Cap Rate 9%
$2,248,122

Alternative Uses

Best Use
Warehouse
$2.89M
$2.53M – $3.37M (±1% cap)
NOI $202,331 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.67M
$7.59M – $10.11M (±1% cap)
NOI $606,840 @ 7.0% cap · market cap 26.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Storage Facility HVAC Service Spa & Massage Center Cafe & Coffee Shop Building Supply

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

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby
Well-served
Demand for This Use

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

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

Similar Off Market Nearby

  • ParkMyFleet Jacksonville — 8730 Somers Rd S, Jacksonville, FL 32226

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial-zoned facility with upgraded HVAC, lighting, office finishes, restroom improvements, and roll-up doors.
Where is this warehouse located?
The property is located at 479 ZOO Jacksonville, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 32,500(+-) SF warehouse space; Industrial zoning with loading docks; Sprinkler system throughout the facility
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