You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

5220 Belfort Rd Jacksonville, FL 32256

Office buildings Google Maps
101,216 SF 6 ac lot Built 1998
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US18-4451320

Property summary

AI-generated overview

This exceptional Class A office campus, Concourse I, offers multiple tenancy opportunities in a prime Southside Market location at 5220 Belfort Rd, Jacksonville, FL 32256. The property boasts a total of 96,049 square feet across three, four-story buildings, constructed in 1998. Available spaces range from 4,631 to 24,923 square feet, catering to a variety of business needs. The property sits on 6 acres of land and features a newly renovated lobby with impressive entrances and high ceilings. Amenities include an on-site cafe and fitness center, enhancing employee experience. Enjoy the beautiful landscaping, water views from outdoor seating areas, a pedestrian bridge, and gazebo, all contributing to a pleasant and productive work environment. Ample surface parking is available, totaling approximately 250 spaces (a ratio of 5 per 1,000 square feet), with excellent visibility from I-95. The property is zoned IBP and benefits from its location within the Concourse I submarket cluster. Elevators are available for convenient access to all floors. This is a rare opportunity to secure high-quality office space in a desirable Jacksonville location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1998
Construction STEEL FRAME
Total area 101,216 SF
Lot 6 ac (261,299 SF)
Zoning code IBP
APN 152576-0760
UPID US18-4451320

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
  • Advertising Agency Marketing & Advertising
  • Construction Company General Contractor
  • Pediatrician Physician
  • Pediatrician Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$43.0M
5 recorded transactions
2021
$43.0M
2018
Price N/A
2013
$10.5M
2006
Price N/A
1997
$1.2M

Zoning & alternative use

IBP · Jacksonville, FL
Zoning description

is used in this Zoning Code, the phrase shall be construed to include the IBP, IL, IH, and IW Districts and no other. (d) Provisions of this Zoning Code which apply to residential, commercial, industrial or other distric…

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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message