Financial
Distress signals
Property profile

5022 Gate Pkwy Jacksonville, FL 32256

FOR LEASE
Office buildings
Property ID
US19-0710914
34,670 SF 26.76 ac lot Built 2000
Last sale Sep 2024 · $19,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Merritt at Gate Parkway is a five-building light industrial park located at 5022 Gate Parkway in Duval County, directly off J. Turner Butler Boulevard within the St. Johns Town Center area. The industrial park provides approximately 200,000 square feet across five buildings and was formerly known as The Meridian at Deerwood. The site is zoned IBP (Industrial Business Park) and supports a range of light industrial warehouse uses. Key building features include 14-foot clear heights, with a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$16.79M
Assessed land$5.06M
Assessed improvement$11.74M

Value estimate

· Sep 2026
$19.60M
$17.64M – $21.56M
AI approach$19.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$211/SF
ZIP average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$121 – $306

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IBP
The intent of this district is to promote industrial business and manufacturing uses
General categoryINDUSTRIAL
JurisdictionDUVAL

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.1
Auto Repair Shop19.4
Wholesale Shop18.4

Location

5022 Gate Pkwy Jacksonville, FL 32256
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7185 Bentley, Jacksonville, FL 32256-7578 $4,712,000 Jun 2025 27,387 SF
7220 Financial, Jacksonville, FL 32256-6852 $3,050,000 Dec 2024 28,144 SF
9000 Cypress Grn, Jacksonville, FL 32256-7791 $2,300,000 May 2024 22,290 SF
8875 Liberty Rdg, Jacksonville, FL 32256-1216 $22,000,000 Apr 2024 24,395 SF
8014 Bayberry, Jacksonville, FL 32256-7412 $4,100,000 Mar 2024 32,781 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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