Light Industrial Flex
5352 Highway Jacksonville, FL 32254
5352 Highway, Jacksonville, FL, 32254
$750,000
For Sale
$750,000
Flex warehouse features a storefront reception area, offices, and a 10' high roll-up door with secure, fenced yard.
Property Size4,240 SF
Price / SF$176.89
Days on Market18
Property Features for 5352 Highway
General Information
- Standard status
- Active
- Size
- 4,240 SF
Listing agency
GREEN PALM REALTY & PROPERTY MANAGEMENT
(904) 240-2152
Listed by
PAULA BUZETA · License #SL3250911
(904) 240-2152
Source
Exprealty
Added: Jul 6 Updated: Jul 22 at 8:11PM Checked: Jul 22 at 8:11PM
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 GREEN PALM REALTY & PROPERTY MANAGEMENT
Investment Insights
Based on property information with market context.
This light industrial flex property includes a storefront display/reception area, three offices totaling approximately 1,760 heated and cooled square feet, and approximately 2,480 square feet of warehouse space. The building also provides two separate bathrooms and is fully fenced and secure. A large 10' high roll-up garage door supports warehouse access and loading.
The property sits on 0.41 acres in the commercial/industrial section of West Jacksonville, positioned right off I-10 and near 295. There is a sliding gate at the front and 15 parking spaces along the frontage, supporting convenient customer and employee access.
Recent improvements include a roof installed in 2024 and prior updates to electrical and plumbing. The surrounding area has been renovated with new paint, and the building has been nicely renovated and painted as well.
The property sits on 0.41 acres in the commercial/industrial section of West Jacksonville, positioned right off I-10 and near 295. There is a sliding gate at the front and 15 parking spaces along the frontage, supporting convenient customer and employee access.
Recent improvements include a roof installed in 2024 and prior updates to electrical and plumbing. The surrounding area has been renovated with new paint, and the building has been nicely renovated and painted as well.
Key Highlights
- 0.41‑acre light industrial flex property with storefront display/reception area and 3 offices with approx. 1,760 SF heated and cooled
- Includes approx. 2,480 SF warehouse space plus 2 separate bathrooms
- Large 10' high roll‑up garage door for warehouse access
Local Financial Insights For Office B
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 | $101.8k | $24.00 |
| − Vacancy | −$20.5k | −$4.82 |
| EGI | $81.3k | $19.18 |
| − OpEx | −$20.3k | −$4.79 |
| NOI | $61.0k | $14.38 |
4,240 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$871.1K
$762.3K – $1.02M
NOI $60,980 @ 7.0% cap · market cap 8.13%
Second Best
Flex RnD
$659.1K
$576.7K – $768.9K
NOI $46,135 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,306 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
S&S Electrical Contracting ...
Electrical Service
Alton Roofing Services, ...
Roofing Company
Painting Unlimited
Painting Service
Similar For Sale Nearby
Similar Off Market Nearby
- Bono's Pit Bar-B-Q — 705 Lane Ave S, Jacksonville, FL 32205
FAQs
What type of property is this?
Flex space - Flex warehouse features a storefront reception area, offices, and a 10' high roll-up door with secure, fenced yard.
Where is this flex space located?
The property is located at 5352 Highway Jacksonville, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.41‑acre light industrial flex property with storefront display/reception area and 3 offices with approx. 1,760 SF heated and cooled; Includes approx. 2,480 SF warehouse space plus 2 separate bathrooms; Large 10' high roll‑up garage door for warehouse access
