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60 Copeland St Jacksonville, FL 32204-1802

OFF-MARKET Distribution centers Google Maps
47,885 SF 1.22 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.73M
Range $1.56M – $1.90M (±10%)
Property ID US18-5461302

Property summary

AI-generated overview

This exceptional 47,855-square-foot industrial property, situated on a 1.36-acre lot in Jacksonville, Florida's historic Riverside district, presents a unique investment opportunity. The two-story building features a combination of manufacturing, warehouse, and distribution space, ideal for a variety of businesses. The property boasts five loading docks and ample parking for 10-12 vehicles. The building's electrical service includes 400A, 277/480V 3-phase power. Located at the corner of Copeland and Dennis Streets, near Downtown Jacksonville, this property benefits from its proximity to the revitalizing "Rail Yard" District, offering an eclectic mix of industrial and mixed-use occupants. The property is zoned IL, with potential for other uses considered, and is located within a federal Opportunity Zone, providing eligible tax incentives. The building's layout includes a two-story office area and a showroom, offering flexibility for diverse business needs. This single-tenant property is completely vacant and ready for immediate occupancy. The property's address is 60 Copeland St, Jacksonville, FL 32204, in Duval County.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 47,885 SF
Lot 1.22 ac (53,340 SF)
Zoning code IL
APN 077186-0000
UPID US18-5461302

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$1.73M

Owner & transaction history

since 2025
Last sale
$2.9M
6 recorded transactions
2025
$2.9M
2023
$1.7M
2021
$28,100
2015
Price N/A
2000
$428,900
1969
Price N/A

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

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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