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33168463
33168468

3232 Old Kings Road, Jacksonville, FL 32254 For Sale

CS
FL 3186165
Keller Williams St Johns
RC
SL3566185
Welch Team Keller Williams Commercial
Listed by Keller Williams St Johns, Welch Team Keller Williams Commercial
$1,200,000
51 days on market
Updated 8 days ago

3232 Old Kings Road

Details
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 7,440
Cap Rate 5.81%
NOI $69,720
Tenancy Single
Lease Type NNN
Lease Expiration 05/31/2027
Remaining Term 0.9
Class C
Buildings 1
Acreage 1.400
Zoning IL
Lease Commencement 05/01/2022
Ground Lease No
Loading Docks 2
Dock High Doors 2

Industrial Investment or Owner User - 7,440 sqft

Marketing description

Located in Jacksonville’s industrial corridor, 3232 Old Kings Rd offers a rare opportunity to acquire a ±7,440 SF airplane hangar-style warehouse situated on approximately 1.4 acres and zoned IL (Light Industrial). The property features expansive open warehouse space with excellent functionality for logistics, storage, manufacturing, fleet operations, or industrial users seeking convenient access to major transportation routes throughout Jacksonville. Positioned directly alongside the railroad, the site offers unique industrial appeal. The building is equipped with 2 loading docks, 3 roll-up doors, 2 office spaces, and 1 bathroom, providing a functional blend of administrative and industrial workspace.

The property is currently tenant occupied under a NNN lease with approximately one year remaining, providing immediate passive income for an investor. The current tenant has expressed interest in remaining long term and is willing to sign a new lease, creating strong potential for continued stable cash flow. With ample outdoor space for parking, equipment, or storage, combined with its strategic industrial location and distinctive warehouse design, this property presents an excellent investment or owner-user opportunity in one of Jacksonville’s active industrial markets.

Listing Contacts

CS
FL 3186165
Keller Williams St Johns
RC
SL3566185
Welch Team Keller Williams Commercial
Listed by Keller Williams St Johns, Welch Team Keller Williams Commercial

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$69,720.00
$5,810.00/mo

Valuation Metrics

0
DSCR
5.81%
Cap Rate
5.81%
ROI

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Additional Information

Name
Courtney Smith
License
3186165
Brokerage
KW St Johns
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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