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5400 12th St Jacksonville, FL 32254-1653

OFF-MARKET Distribution centers Google Maps
149,800 SF 7.27 ac lot Built 1986
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$15.19M
Range $13.67M – $16.70M (±10%)
Property ID US18-9178880

Property summary

AI-generated overview

This exceptional 150,000-square-foot industrial property, located at 5400 W 12th St in Jacksonville, Florida's Westside submarket, presents a unique opportunity for a single tenant. The building, constructed in 1987, offers a versatile blend of executive office space and warehouse/distribution capabilities, ideal for a variety of businesses. Currently, 54,777 square feet are available for lease. The property sits on a substantial 7.31-acre lot and boasts impressive features including 26'-32' ceiling heights, providing ample vertical space for storage or specialized equipment. Six loading docks ensure efficient loading and unloading operations. Ample parking is available for employees and visitors. The building is equipped with robust power, featuring 480 Amp/270 Volt/3-phase service. The property is zoned IL (Industrial Light), offering flexibility for various industrial uses. This prime Westside location provides excellent access to major transportation routes, enhancing logistics and distribution capabilities. This is a rare opportunity to secure a large, well-maintained industrial space in a desirable Jacksonville location. Contact us today to learn more about leasing this exceptional property.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Construction CONCRETE
Total area 149,800 SF
Lot 7.27 ac (316,586 SF)
Zoning code IL
APN 048878-0300
UPID US18-9178880

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
  • Distribution Center Logistics Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$15.55M
Comparable Approach Comparable
$17.95M
Blend (final) Blend
$15.19M

Owner & transaction history

since 2008
1 recorded transaction
2008
$3.7M

Zoning & alternative use

IL · Jacksonville, FL
Zoning description

Industrial Light (IL) District. The permitted uses and structures, accessory uses and structures, permissible uses by exception, minimum lot and yard requirements, and maximum lot coverage and height of buildings and str…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $24.7M +79.0%
Neighborhood: shopping center $24.1M +74.2%

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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