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3232 Old Kings Rd 7,440 SF Industrial Building Jacksonville, FL 32254 $1,400,000 ($188.17/SF) 4.98% Cap Rate



Executive Summary
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.
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.
Property Facts
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 088285-0000 | Improvements Assessment | $56,812 |
| Land Assessment | $171,087 | Total Assessment | $227,899 |
Property Taxes
Parcel Number
088285-0000
Land Assessment
$171,087
Improvements Assessment
$56,812
Total Assessment
$227,899
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