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11853 New Kings Rd Jacksonville, FL 32219

Warehouses Google Maps
9,441 SF 22.09 ac lot Built 1976
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$1.43M
Range $1.28M – $1.57M (±10%)
Property ID US18-5975134

Property summary

AI-generated overview

This exceptional 3.07-acre industrial lot, situated in Jacksonville, Florida's Northside submarket, presents a unique leasing opportunity. Located at 11853 New Kings Rd, zip code 32219, this property is part of a larger, recently developed 22-acre industrial complex. The site boasts secure, fully fenced storage, stabilized with six inches of crushed concrete, ensuring a durable and level surface. Convenient pole lighting and gated access from US-1 enhance security and accessibility. The property includes readily available electric and water hookups, and can easily accommodate an office trailer for on-site management needs. Its strategic location on US-1, just five miles north of I-295, provides excellent access to major transportation arteries. This versatile space is ideally suited for a variety of uses, including fleet parking, contractor storage, or equipment staging. The property is zoned as Planned Unit Development (PUD) and is classified as a manufacturing property with multiple tenancy. A significant 25,000 square feet of vacant space is available for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Construction STEEL FRAME
Total area 9,441 SF
Lot 22.09 ac (962,253 SF)
Zoning code PUD
APN 002584-0200
UPID US18-5975134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.39M
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.43M

Owner & transaction history

since 2020
Last sale
$1.0M
1 recorded transaction
2020
$1.0M

Zoning & alternative use

PUD · Jacksonville, FL
Zoning description

or other districts shall apply to those portions of a Planned Unit Development (PUD) which are devoted to uses permitted in these respective districts, unless specifically provided otherwise in the written description of…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Apartment house (5+ units) $1.6M +52.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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