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    Property profile & analytics
    OFF-MARKET Estimated value $12,000,000
    Distribution centers

    7660 Gainesville Ave, Jacksonville, FL 32208-3232

    75,000 SF 8.92 ac lot Built 2008
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-3678192
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 7660 Gainesville Ave, offers ±35,000 square feet of immediately available warehouse space within a larger multi-tenant building totaling 188,457 square feet. Built in 2008, the building features ceiling heights ranging from 20 to 28 feet, providing ample vertical storage capacity. The space includes two dock-high doors and one drive-in door for efficient loading and unloading. Approximately 1,000 square feet of office space is also included. The property boasts approximately 0.5 acres of additional fenced outside storage, secured by an automatic gate, and features covered loading. Its strategic location offers significant logistical advantages. Situated between Jacksonville Port Authority (JAXPORT) and Jacksonville International Airport, it provides easy access to major transportation arteries. The property is conveniently located 1.2 miles from I-95 and 5.3 miles from I-295, ensuring seamless regional distribution. Furthermore, the property is within Foreign Trade Zone #64, offering potential tax and customs benefits. This prime location provides access to a vast consumer base, with over 54 million consumers within an eight-hour drive. This is a rare opportunity to secure high-quality warehouse space in a highly desirable location.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 2008
    Construction STEEL FRAME
    Total area 75,000 SF
    Lot 8.92 ac (388,443 SF)
    Zoning code IBP
    APN 027038-0000
    UPID US18-3678192
    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
    • Mattress Maker USA Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $12.00M
    CAP Approach CAP
    $7.79M
    Comparable Approach Comparable
    $13.50M
    Blend (final) Blend
    $12.00M
    Owner & transaction history
    Ag Rc Gainesville Ave Owner LLC · 2 yrs held
    Ag Rc Gainesville Ave Owner LLC
    since 2024
    Last sale
    $12.0M
    4 recorded transactions
    2024
    $12.0M
    2022
    $8.8M
    2022
    $5.5M
    2000
    $58,000
    Zoning & alternative use
    IBP · Jacksonville, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $18.9M +110.1%
    Medical building $17.1M +90.3%
    Auto repair, garage $16.0M +77.6%
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