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    FOR LEASE
    Warehouses

    4051 Philips Hwy, Jacksonville, FL 32207

    48,904 SF 5.89 ac lot Built 1996
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US18-8449233
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving stone fabrication business in Jacksonville, Florida. Located at 4051 Philips Hwy, this Class B, 8,685 square foot storefront boasts state-of-the-art CNC machinery, significantly reducing initial capital investment for the new owner. The business, operating under a NNN lease with a credit-rated tenant, has a remaining lease term of 2.6 years (expiring 06/30/2027), offering immediate income potential. The single-unit property features a diverse material selection including granite, marble, and quartz, catering to a wide range of client needs. A skilled team of craftsmen ensures high-quality workmanship and exceptional customer service, contributing to the business's strong reputation and loyal client base. The business provides comprehensive services, from design consultation and material selection to installation and maintenance, establishing it as a one-stop shop for all countertop needs. Priced at $2,350,000 ($270.58/sq ft), this turnkey operation offers a unique opportunity for industry newcomers or those seeking expansion. The business's established presence and strong reputation make it a highly attractive investment prospect. The property is situated in Duval County, Florida, with convenient access to major transportation routes. This is a rare chance to acquire a well-established, profitable business with significant growth potential.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1996
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 48,904 SF
    Lot 5.89 ac (256,535 SF)
    Zoning code CCG-2
    APN 126005-0005
    UPID US18-8449233
    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
    • Intoxalock Ignition Interlock Building Supply General Contractor
    • Sunshine Lash & Co Hair Salon
    • Safari Truck & SUV Accessories Auto Parts Store
    • Centerline Drivers Freight Service Logistics Company
    • Lutheran Services Florida Inc. Phillip Hwy Head Start High School Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $5.08M
    Comparable Approach Comparable
    $5.30M
    Blend (final) Blend
    $4.83M
    Owner & transaction history
    Philips Hwy LLC · 5 yrs held
    Philips Hwy LLC
    since 2020
    4 recorded transactions
    2020
    2020
    2016
    1969
    Zoning & alternative use
    CCG-2 · Jacksonville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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