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Property profile & analytics
FOR LEASE
Distribution centers

3811 University Blvd W Jacksonville, FL 32217

81,000 SF 7.67 ac lot Built 1973
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-5009721
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1973
Construction STEEL FRAME
Total area 81,000 SF
Lot 7.67 ac (334,278 SF)
Zoning code IL
APN 152727-0020
UPID US18-5009721
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sherwin-Williams Floorcovering Store Carpet & Flooring Store Hardware & Home Improvement
  • Fuelbox Industrial Factory Industrial Manufacturer
  • Miller Window Fashions (Bike/Boat/Book/etc) Store Home Decor Store
  • Le Visage Spa in Boston Spa & Massage Center
  • Dkm Machine Manufacturing Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.75M
CAP Approach CAP
$8.41M
Comparable Approach Comparable
$8.01M
Blend (final) Blend
$8.79M
Owner & transaction history
3811 University Owner LLC · 4 yrs held
3811 University Owner LLC
since 2021
Last sale
$8.6M
3 recorded transactions
2025
Price N/A
2021
$8.6M
2009
Price N/A
Zoning & alternative use
IL · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 structures shall be as provided in

Zone name Industrial Light
General category INDUSTRIAL
Zone area 16,098.09 ac
Source Zoning Ordinance
Top alternative use upside
Apartment house (5+ units) $13.4M +37.5%
Neighborhood: shopping center $13.0M +33.7%
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