Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8003 Westside Industrial Dr Jacksonville, FL 32219

    • Distribution centers
    • 72,614 SF
    • 4.23 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1958861
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • E Z Flo International Inc / Manufacturer / Distribution Service
    • Cepex USA Inc / Plastic Fabrication Company

    Property Details for 8003 Westside Industrial Dr

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.23 lot acres
    Property size
    72,614 SF
    Zone code
    PUD
    Property type
    Distribution centers
    APN
    003423-0510
    APU
    34230510

    Description

    This exceptional 72,614-square-foot warehouse in Jacksonville, Florida's Westside Industrial Park presents a significant leasing opportunity. Located at 8003 Westside Industrial Drive, 32219, this single-tenant property sits on a 4.16-acre lot and boasts a 24-foot clear ceiling height, ideal for various industrial uses. The building features 19 dock-high doors, facilitating efficient loading and unloading, and ample parking with 40 spaces. A substantial 120-foot concrete truck court ensures smooth operations. Built in 1992 and extensively renovated in 2018, including a new roof in 2023, this warehouse is well-maintained and equipped with a wet sprinkler system and three high-volume, low-speed (HVLS) fans for enhanced safety and climate control. The 40' x 40' column spacing maximizes usable space. The property is zoned PUD and is situated in Duval County. This prime location makes it perfect for distribution, manufacturing, or logistics businesses seeking a modern, efficient, and spacious industrial facility in Jacksonville. The entire 72,614 square feet is currently vacant and ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,205,000
      Market price range: $290k - $7.70M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.7814
    Latitude
    30.3744
    CBSA code
    27260
    CBSA name
    JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $74,600
    $543,630
    $4,184,770
    $4,728,400
    -
    $543,630
    $4,184,770
    $4,728,400

    Comparable in this City

    • Value Estimation
      $8,200,000
      118,238 SF

      8150 Forshee Dr

      DISTRIBUTION WAREHOUSE • 118,238 SF
      8150 Forshee Dr, Jacksonville, FL 32219-5309
      View Details
    • Value Estimation
      $9,315,000
      130,688 SF

      8010 Westside Industrial Dr

      DISTRIBUTION WAREHOUSE • 130,688 SF
      8010 Westside Industrial Dr, Jacksonville, FL 32219-3290
      View Details
    • Value Estimation
      $5,585,000
      79,704 SF

      8000 Forshee Dr

      DISTRIBUTION WAREHOUSE • 79,704 SF
      8000 Forshee Dr, Jacksonville, FL 32219-5339
      View Details
    • Value Estimation
      $8,365,000
      132,603 SF

      4831 Forshee Dr

      DISTRIBUTION WAREHOUSE • 132,603 SF
      4831 Forshee Dr, Jacksonville, FL 32219
      View Details
    • Value Estimation by Request
      2.00 Acres

      7642 Woodley Rd

      Distribution properties • 2,500 SF
      7642 Woodley Rd, Jacksonville, FL 32219
      View Details
    • Value Estimation
      $5,010,000
      113,486 SF

      7735 Westside Industrial Dr

      DISTRIBUTION WAREHOUSE • 113,486 SF
      7735 Westside Industrial Dr, Jacksonville, FL 32219-3269
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Jacksonville Industrial Warehouse - $2.2M

      Prime Jacksonville warehouse, 2.8 acres, multiple buildings.
      6608 Old Kings Rd, Jacksonville, FL 32219
      View Details
    • $2,500,000
      5.50 Acres

      New Kings Road Industrial Land

      5.5 Acres, Jacksonville, FL - Prime Location
      1 New Kings Rd, Jacksonville, FL 32219
      View Details
    • $1,300,000
      17.97 Acres

      Imeson Road Industrial Land

      17.97 Acres, Light Industrial Zoned
      0 Imeson Rd, Jacksonville, FL 32219
      View Details
    • $650,000

      Jacksonville RV Park Investment

      High-Income RV Park, 9 Pads, Expansion Potential
      12300 Old Kings Rd, Jacksonville, FL 32219
      View Details
    • $439,999
      8.00 Acres

      8-Acre Multifamily Development Land

      Riverfront property, high traffic area.
      6760 Dunn Ave, Jacksonville, FL 32219
      View Details
    • $120,000
      0.25 Acres

      Prime Jacksonville Commercial Lot

      High-visibility location, ideal for business.
      Soutel Dr, Jacksonville, FL 32219
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      600,000 SF

      Jacksonville Industrial Build-to-Suit

      600,000 SF Industrial Space, 37 Acres
      0 Sportsman Club Rd, Jacksonville, FL 32219
      View Details
    • Contact for pricing
      262,770 SF

      Prime Jacksonville Warehouse Space

      262,770 SF Warehouse, Excellent Location
      4300 Bulls Bay Hwy, Jacksonville, FL 32219
      View Details
    • Contact for pricing
      408,720 SF

      First Westlake Logistics Park: 408,720 SF

      Class A industrial space; 50,000-299,520 SF available.
      9388 Pritchard Rd, Jacksonville, FL 32219
      View Details
    • Contact for pricing
      617,760 SF

      Distribution Warehouse with Trailer Parking

      617,760 SF distribution warehouse with cross-dock and trailer parking.
      Pritchard Rd, Jacksonville, FL 32219
      View Details
    • Contact for pricing
      530,028 SF

      Westlake Commerce Center: Prime Jax Industrial

      Two Class A industrial buildings, Q4 2024 delivery.
      9395 Pritchard Rd, Jacksonville, FL 32219
      View Details
    • Contact for pricing
      72,614 SF

      Westside Industrial Warehouse For Lease

      72,614 SF Warehouse, Jacksonville, FL
      8003 Westside Industrial Dr, Jacksonville, FL 32219
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8003 Westside Industrial Dr
    Jacksonville, FL 32219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.