Jacksonville, FL Commercial Real Estate Market Trends

Commercial Real Estate Market Report

This page provides a high-level view of commercial real estate conditions in Jacksonville, combining current pricing, property scale, and active inventory to support early market evaluation.

Explore Commercial Properties in Jacksonville

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

 

Jacksonville's Demographic Profile

With a population of 994,470 and a median household income of $60,187, these metrics help investors gauge whether Jacksonville's pricing reflects local demand fundamentals.

Key Demographic Metrics Value
Population 994,470
# Households 396,552
Median age 38
Median household income $60,187
Avg household size 2
Renter-occupied housing units 176,631
5-year population change 5%

Commercial Real Estate Market Snapshot in Jacksonville

These market metrics outline current pricing, typical deal size, and observed cap rate ranges, giving investors a quick read on entry costs and high-level underwriting expectations.

Key Market Metrics Value
Avg asking sale price $346 per SF
Avg asking lease rate $5,040 per SF
Avg unit size for lease 32,244 SF
Avg building size for sale 20,905 SF
Average cap rate 7.22%

In Jacksonville, commercial properties are currently listed at an average sale price of $346 per square foot, with average lease rates around $5,040 per square foot. Typical leased spaces are approximately 32,244 SF, while properties for sale average 20,905 SF in building size. Observed cap rates average 7.22%, offering a reference point for return expectations relative to pricing and deal scale.

 

Commercial Properties For Sale In Jacksonville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Turnkey Medical Office Condo | Major Corridor

Jacksonville, FL 32257

  • 7,632 SF Office Building
  • Auction Sale
For Sale

Baymont by Wyndham Jacksonville Airport

Jacksonville, FL 32218

  • 97,130 SF Hospitality
  • Auction Sale
For Sale

Shovel-Ready Self-Storage Site

Jacksonville, FL 32277

  • 2.06 AC Lot
  • 1 Commercial Lot
  • $1,500,000
For Sale

Elliott Electric Supply

Jacksonville, FL 32256

  • 40,128 SF Industrial Building
  • 5.55% Cap Rate
  • $9,500,000
For Sale

Building 800

Jacksonville, FL 32256

  • 5,858 SF Office Building
  • $897,000
For Sale

Building 4

Jacksonville, FL 32258

  • 3,332 SF Office Building
  • $400,000
For Sale

Wawa - Jacksonville FL

Jacksonville, FL 32256

  • 6,119 SF Retail Building
  • 4.50% Cap Rate
  • $5,278,000
For Sale

24-34 Hudson Way

Ponte Vedra, FL 32081

  • 21,512 SF Flex Building
  • $796,800 - $850,500

 

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Jacksonville

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Jacksonville $268 17,100 SF 11.21%
Orange Park $223 11,200 SF 6.00%
Jacksonville Beach $516 4,416 SF 3.70%

 

Retail Property Market Metrics Near Jacksonville

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets Avg Cost/SF Typical Size
Jacksonville $431 11,259 SF
Middleburg $338 2,630 SF
Yulee $499 12,447 SF
Fernandina Beach $370 6,181 SF
Ponte Vedra $300 1,561 SF

 

How Investors Evaluate Commercial Real Estate Markets in Jacksonville

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Jacksonville pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

 

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Jacksonville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Jacksonville $346 20,905 SF
Orange Park $302 25,992 SF
Fleming Island $226 10,338 SF
Middleburg $283 9,469 SF
Callahan $925 5,013 SF

Multifamily For Sale In Jacksonville

Multifamily listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.
For Sale

Sandpiper

Jacksonville Beach, FL 32250

  • 15,068 SF Multifamily
  • 10.00% Cap Rate
  • $559,900

Regional Demographic Comparison

This comparison places Jacksonville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Jacksonville or distributed across surrounding areas.

City Population # Households Age MedianHouseholdIncome AvgHouseholdSize RenterOccupiedHousingUnits FiveYrPopGrowthPct
Jacksonville 994,470 396,552 38 $60,187 2 176,631 5%
Orange Park 9,229 3,716 48 $76,467 2 1,603 10%
Fleming Island 29,217 10,922 46 $111,042 3 2,343 7%
Middleburg 13,967 5,054 43 $69,361 3 861 8%
Callahan 1,786 668 37 $66,407 3 230 19%

FAQs About Commercial Investing in Jacksonville

View All Commercial Real Estate For Sale in Jacksonville
Is Jacksonville a good market for a first-time commercial real estate investor?

Jacksonville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Jacksonville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Jacksonville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Jacksonville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Jacksonville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Jacksonville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Jacksonville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Jacksonville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Jacksonville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.