Flex Space with Gated
For Sale
Contact for pricing
85109 COMMERCIAL PARK Drive, Yulee, FL 32097
Office and warehouse areas are complemented by a roll-up door and gated outdoor storage.
Property Size2,000 SF
Price / SF$1.50
Days on Market293
Property Features for 85109 COMMERCIAL PARK Drive
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Other
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
1,500 SF
Office Build-Out
500 SF
Additional Details
Property Use
Flex
Listing Agency:
AMELIA COASTAL REALTY LLC
(904) 261-2770
Listed By:
Sal Grimaldi
(904) 576-1826
Source:
Atlanticsaltrealty
Added: Jan 12
Changed: Oct 30
Last Checked: Oct 30 at 3:35PM
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 AMELIA COASTAL REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,000 SF flex space combines approximately 500 SF of office area with 1,500 SF of warehouse and workshop space. The office includes a reception area and a large private office or conference room. A roll-up door, ADA restroom, and gated outdoor storage are also part of the property.
The space is near US Hwy 17 in Yulee. Two additional 2,000 SF units are available, with a discounted rate for multiple spaces.
The space is near US Hwy 17 in Yulee. Two additional 2,000 SF units are available, with a discounted rate for multiple spaces.
Key Highlights
- 2,000 SF flex space with approximately 500 SF of office and 1,500 SF of warehouse/workshop area
- Reception area and large private office or conference room
- Warehouse/workshop includes a roll‑up door and ADA restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,120
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,400
$262.4K
Cap Rate 7%
$187,429
$187.4K
Cap Rate 9%
$145,778
$145.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$21.4K $10.68/SF
− Vacancy
−$1.2K −$0.59/SF
EGI
$20.2K $10.09/SF
− OpEx
−$7.1K −$3.53/SF
NOI
$13.1K $6.56/SF
Area
Nassau County, FL
Vacancy
5.50%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,400
Cap Rate 7%
$187,429
Cap Rate 9%
$145,778
Alternative Uses
Best Use
Warehouse
$245.1K
$214.5K – $286.0K
NOI $17,157 @ 7.0% cap · market cap 571.90%
Second Best
Industrial
$201.9K
$176.6K – $235.5K
NOI $14,130 @ 7.0% cap · market cap 471.00%
Theoretical Best
Office A
$533.5K
$466.8K – $622.4K
NOI $37,344 @ 7.0% cap · market cap 1,244.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32097, FL
23,564
Population
9,941
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
90%
High-School Grad
124.7 sq mi
ZIP Area
189
Density / Sq Mi
$89,270
Median Household Income
$45,340
Median Earnings
$1,724
Median Rent
$293,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are complemented by a roll-up door and gated outdoor storage.
Where is this flex space located?
The property is located at 85109 COMMERCIAL PARK Drive Yulee, FL.
What are key features of this property?
This property features: 2,000 SF flex space with approximately 500 SF of office and 1,500 SF of warehouse/workshop area; Reception area and large private office or conference room; Warehouse/workshop includes a roll‑up door and ADA restroom
