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5220 Shad Rd Jacksonville, FL 32257-2007

OFF-MARKET Warehouses Google Maps
25,930 SF 7.01 ac lot Built 2002
Entity Owned 4-yr Hold Free & Clear
Estimated value (blended)
$8.49M
Range $7.64M – $9.33M (±10%)
Property ID US18-8132290

Property summary

AI-generated overview

This exceptional flex space opportunity is located within Magnolia Business Park, Building 200, at 5220 Shad Road in Jacksonville, Florida, 32257. The property offers a total of 80,863 square feet, with 44,775 square feet currently available for lease. This industrial building features multiple tenancy options, allowing for flexibility in space requirements. Units range from a minimum of 4,410 square feet to a maximum contiguous space of 28,555 square feet, catering to a variety of business needs. The building boasts impressive ceiling heights ranging from 16 to 24 feet, providing ample vertical space for storage or specialized equipment. Ample parking is provided with 168 spaces available for tenants and their clients. The property is situated in the Jacksonville submarket of Duval County, offering convenient access to major transportation routes and amenities. This prime location makes it an ideal choice for businesses seeking efficient and versatile workspace in a thriving area. Contact us today to learn more about leasing options and explore the possibilities this exceptional flex space offers.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,930 SF
Lot 7.01 ac (305,260 SF)
Zoning code IBP
APN 159648-5200
UPID US18-8132290

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
  • General Contractor
  • Hardware & Home Improvement Interior Design
  • Production Facility
  • (Bike/Boat/Book/etc) Store
  • Church

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.49M

Owner & transaction history

since 2022
Last sale
$8.8M
5 recorded transactions
2022
$8.8M
2020
$6.2M
2017
Price N/A
2015
$3.4M
1969
Price N/A

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
Top alternative use upside
Restaurant $13.8M +342.4%
Commercial (general) $6.5M +110.1%
Medical building $5.9M +90.3%

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
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