3811 University Blvd Jacksonville, FL 32217
- Distribution centers
- 81,000 SF
- 7.67 lot acres
Current Use by Public Records
- Sherwin-Williams Floorcovering Store / Flooring Store / Carpet Store
- Fuelbox Industrial / Industrial Equipment Supplier
- Miller Window Fashions / Window Treatment Store
- Le Visage Spa in Boston / Spa
- Dkm Machine Manufacturing / Manufacturer
Property Details for 3811 University Blvd
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 7.67 lot acres
- Property size
- 81,000 SF
- Zone code
- IL
- Property type
- Distribution centers
- APN
- 152727-0020
- APU
- 1527270020
Description
University Industrial Park offers a prime opportunity for businesses seeking flexible industrial space in the desirable Southside submarket. This 171,000 square foot facility is a multi-tenant warehouse and manufacturing center, boasting units ranging from a minimum of 4,000 square feet to a maximum contiguous space of 15,000 square feet. The property features impressive ceiling heights ranging from 16 to 21 feet, including 15-foot eaves, enhanced by strategically placed skylights and exhaust fans for optimal natural light and ventilation. Loading and unloading is efficient with the inclusion of dock-high doors and drive-in ramps. The property also benefits from a fenced and secured yard, providing added security and outside storage options. Utilities such as water and sewer are included. Its strategic location just off Philips Highway provides easy access to I-95 and other major transportation arteries, making it an ideal location for distribution and logistics operations. The property is under new ownership, and improvements are currently underway, promising a modern and well-maintained facility. Light industrial zoning ensures a wide range of potential uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,070,000
- 6.5%
- $9,200,000
- 7%
- $8,265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,605,000
- Geo Method
- $9,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,365,000
- Retail
- $9,000,000
- Mixed-Use
- $9,105,000
- Hospitality
- $9,325,000
- Educational
- $9,850,000
- Residential Income
- $10,770,000
- Energy
- $9,125,000
- Income-Based Land
- $10,315,000
- Food Service
- $9,880,000
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6248
- Latitude
- 30.2648
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
