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Property profile & analytics
FOR SALE
Distribution centers
5343 Normandy Blvd, Jacksonville, FL 32205
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5412759
For Sale
1 / 9
$8,000,000
5343 Normandy Blvd, Jacksonville, FL 32205
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Property summary
AI-generated overview
This Jacksonville, FL industrial warehouse, totaling ±95,615 square feet, is available for sale. Located at 5343 Normandy Blvd, in Duval County (zip code 32205), this Class C property sits on a ±3.84-acre lot. Built in 1953 and extensively renovated in 2023, it features a new roof and significant upgrades throughout. The warehouse boasts 18' clear ceiling height, a wet pipe sprinkler system, and 37' x 30' column spacing. Loading is dock high with a covered platform, and there are 3 loading docks. Approximately 28,000 square feet is dedicated to office/showroom space. The property is zoned CCG-2 and has city water and sewer utilities. The seller will consider a sale-leaseback arrangement for a portion of the building or a sale to an owner-user, vacating upon closing. The asking price is $8,000,000, resulting in a price per square foot of $83.67. Occupancy is available August 10, 2023.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
95,682 SF
Lot
3.79 ac (165,168 SF)
Zoning code
CCG-2
APN
059657-0000
UPID
US18-5412759
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
-
Primo Sigaro (Bike/Boat/Book/etc) Store
-
Contractors Liquidation Center Home Appliance Store Hardware & Home Improvement
-
Shipping Container World Big Box & Wholesale Store Shipping Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.47M
Blend (final)
Blend
$5.56M
Owner & transaction history
Oeuvre LLC · 9 yrs held
Oeuvre LLC
since 2016
3 recorded transactions
Zoning & alternative use
CCG-2 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.56M
Range $5.00M – $6.12M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$46,576
Tax year 2023
Assessed value
$3,107,800
Assessed 2023
Previous assessed
$2,771,900
+12.1% YoY
Effective rate
1.50%
On assessed value
Assessed land
$633,565
Assessed improvement
$2,474,235
Land market value
$633,565
Improvement market value
$2,474,235
Total market value
$3,107,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
22
Rooms
22
Bathrooms
29
Total area
95,682 SF
Lot
3.79 ac (165,168 SF)
Zoning code
CCG-2
APN
059657-0000
UPID
US18-5412759
Jurisdiction
DUVAL
Zoning & alternative use
CCG-2 · Jacksonville, FL
Zoning CCG-2 · permitted uses
CCG-2 · Jacksonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
22
Rooms
22
Bathrooms
29
Lot
3.79 ac
Current owner
From public records · entity-resolved
Oeuvre LLC
Entity
Mailing address
4128 HERSCHEL ST, JACKSONVILLE, FL 32210-2260
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2016
$925,000
Oeuvre LLC
City Rescue Mission INC
Warranty Deed
—
Dec 12, 2016
—
James Michael Howard INC
—
Deed
related
$2,200,000 · Ameris Bk
—
—
James Michael Howard INC
—
Deed Of Trust
related
$2,200,000 · Ameris Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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