Industrial Warehouse
New
For Sale
$299,000
757 Saint Johns Bluff Rd N Unit 219, Jacksonville, FL 32225
Gated owner-user industrial space with roll-up loading, drive-up access, and IBP zoning.
Property Size29,110 SF
Price / SF$216.67
Days on Market6
Property Features for 757 Saint Johns Bluff Rd N Unit 219
General Information
Standard status
Active
Size
29,110 SF
Zoning
IBP
Amenities
gated community
private clubhouse
Building Details
Year Built
2018
Building Size
29,110 SF
Listing Agency:
COLDWELL BANKER COMMERCIAL PREMIER PROPERTIES
Listed By:
Eric Maimo · License #3254822
(904) 537-6443
Source:
Chenoregroup
Added: Sep 12
Changed: Sep 14
Last Checked: Sep 15 at 10:58PM
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 COMMERCIAL PREMIER PROPERTIES
Investment Insights
Based on property information with market context.
This 1,380-square-foot industrial condominium was built in 2018 within the gated Extreme Toy Garage community. The unit includes a large roll-up door, drive-up access, a rear deep sink, and electrical service with a dedicated 50-amp outlet for charging an RV, bus, or large coach. The space is HVAC-ready for installation of a mini-split or heat pump.
The property is situated in a 29,110-square-foot building with IBP zoning. A private clubhouse is available on site, adding a shared amenity to the industrial condo community.
The property is situated in a 29,110-square-foot building with IBP zoning. A private clubhouse is available on site, adding a shared amenity to the industrial condo community.
Key Highlights
- 1,380 SF industrial condo built in 2018
- Large roll‑up door with drive‑up access
- Dedicated 50‑amp outlet for RV, bus, or large coach charging
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,945
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,900
$298.9K
Cap Rate 7%
$213,500
$213.5K
Cap Rate 9%
$166,056
$166.1K
Market Conditions
NOI Build-Up for 1,380 SF
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.
Gross rent
$18.5K $13.44/SF
− Vacancy
−$964 −$0.70/SF
EGI
$17.6K $12.74/SF
− OpEx
−$2.6K −$1.91/SF
NOI
$14.9K $10.83/SF
Area
ZIP 32225
Vacancy
5.20%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,900
Cap Rate 7%
$213,500
Cap Rate 9%
$166,056
Alternative Uses
Best Use
Warehouse
$213.5K
$186.8K – $249.1K
NOI $14,945 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.0K
$280.9K – $374.5K
NOI $22,469 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32225, FL
57,441
Population
23,289
Households
2.5
Avg Household Size
39
Median Age
42%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
2,184
Density / Sq Mi
$87,715
Median Household Income
$46,778
Median Earnings
$1,673
Median Rent
$324,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Jacksonville, FL
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Similar Off Market Nearby
- Jax Boat and RV Storage — 607 St Johns Bluff Rd N, Jacksonville, FL 32225
- St. Johns Storage — 821 St Johns Bluff Rd N, Jacksonville, FL 32225
Frequently Asked Questions
What type of property is this?
Warehouse - Gated owner-user industrial space with roll-up loading, drive-up access, and IBP zoning.
Where is this warehouse located?
The property is located at 757 Saint Johns Bluff Rd N Unit 219 Jacksonville, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,380 SF industrial condo built in 2018; Large roll‑up door with drive‑up access; Dedicated 50‑amp outlet for RV, bus, or large coach charging
