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2120 Walnut St Jacksonville, FL 32206

OFF-MARKET Warehouses Google Maps
32,595 SF 0.95 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
Estimated value (blended)
$605k
Range $545k – $666k (±10%)
Property ID US18-7939707

Property summary

AI-generated overview

This Duval County warehouse at 2120 Walnut St, Jacksonville, FL 32206 offers 32,000 square feet of flexible industrial space for lease. The property features a minimum leasable area of 1,000 square feet, allowing for businesses of various sizes to find a suitable fit. The warehouse boasts a 16-foot ceiling height, one dock-high door, and a spacious layout with 20x20 column spacing, providing ample room for operations and storage. The property is zoned for industrial use and offers 24/7 access with robust security features including gated access, a security system, and video surveillance. Annual property taxes are $1.40 per square foot. The space is ideal for a variety of industries, including apparel, consumer products, electronics, and industrial materials. The property is conveniently located in Jacksonville's bustling industrial district, providing easy access to transportation routes and other essential business amenities. The rental structure is flexible and tailored to the tenant's specific space requirements.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 32,595 SF
Lot 0.95 ac (41,165 SF)
Zoning code IL
APN 055271-0010
UPID US18-7939707

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Barber Shop
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$887k
Blend (final) Blend
$605k

Owner & transaction history

Zoning & alternative use

IL · Jacksonville, FL
Zoning description

Industrial Light (IL) District. The permitted uses and structures, accessory uses and structures, permissible uses by exception, minimum lot and yard requirements, and maximum lot coverage and height of buildings and str…

General category INDUSTRIAL

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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