Fenced Flex Space with
New
For Sale
$800,000
9555 Sunbeam Center Drive, Jacksonville, FL 32257
Two-story commercial property combines warehouse, office, and conditioned storage areas.
Property Size3,407 SF
Lot Size0.27 Acres
Price / SF$234.81
Days on Market2
Property Features for 9555 Sunbeam Center Drive
General Information
Standard status
Active
Size
3,407 SF
Lot size
0.27 Acres
Property subtype
Industrial
Zoning
IL
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
17.5 ft
Warehouse Space
1,320 SF
Office Build-Out
1,044 SF
Amenities
Fenced perimeter
Two 12' roll up doors
Building Details
Building Size
3,407 SF
Year Built
1987
Buildings
1
Stories
2
Listing Agency:
SVR Commercial, LLC
(904) 631-6335
Listed By:
Kimberly Sievert · License #BK3389162
(904) 631-6335
Source:
Thebrokerlist
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 13 at 3:04AM
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 SVR Commercial, LLC
Investment Insights
Based on property information with market context.
This two-story flex property contains 3,407 square feet within a fenced 0.27-acre site. The ground level includes approximately 1,320 square feet of open warehouse area with a 17'6" ceiling and two 12-foot roll-up doors, along with approximately 1,044 square feet of office space and two restrooms. The upper level adds approximately 1,043 square feet of air-conditioned storage. Built in 1987, the property is zoned IL.
Located on Sunbeam Road in Jacksonville, the property provides access to Philips Highway and San Jose Boulevard. It is approximately 6 miles from I-95 and 3 miles from Baymeadows Road, placing the site within an established commercial corridor serving nearby residential and business areas.
Located on Sunbeam Road in Jacksonville, the property provides access to Philips Highway and San Jose Boulevard. It is approximately 6 miles from I-95 and 3 miles from Baymeadows Road, placing the site within an established commercial corridor serving nearby residential and business areas.
Key Highlights
- 3,407‑square‑foot, two‑story industrial building on approximately 0.27 acres
- Approximately 1,320 square feet of open warehouse space with a 17'6" ceiling height
- Two 12‑foot roll‑up doors serve the warehouse area
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
$48,999
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
6.12%
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%
$979,980
$980.0K
Cap Rate 7%
$699,986
$700.0K
Cap Rate 9%
$544,433
$544.4K
Market Conditions
NOI Build-Up for 3,407 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
$81.8K $24.00/SF
− Vacancy
−$16.4K −$4.82/SF
EGI
$65.3K $19.18/SF
− OpEx
−$16.3K −$4.79/SF
NOI
$49.0K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
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%
$979,980
Cap Rate 7%
$699,986
Cap Rate 9%
$544,433
Alternative Uses
Best Use
Office B
$700.0K
$612.5K – $816.7K
NOI $48,999 @ 7.0% cap · market cap 6.12%
Second Best
Flex RnD
$529.6K
$463.4K – $617.9K
NOI $37,072 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$933.3K
$816.7K – $1.09M
NOI $65,333 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
17 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Balanced
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 Office in Jacksonville, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-story commercial property combines warehouse, office, and conditioned storage areas.
Where is this flex space located?
The property is located at 9555 Sunbeam Center Drive Jacksonville, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 3,407‑square‑foot, two‑story industrial building on approximately 0.27 acres; Approximately 1,320 square feet of open warehouse space with a 17'6" ceiling height; Two 12‑foot roll‑up doors serve the warehouse area
