3232 Old Kings Rd — Sale in Jacksonville, FL

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Jacksonville, FL 32254
  • Submarket: Westside
  • Size: 7,440 SF

Photos

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Investment Figures

Cap rate
5.81%
Price per square foot
$161
Price per unit
$1,200,000 across 1 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

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. Building SF: 7440 | Land Size: 1.4 Ac | Listing Type: FOR SALE

Market Context

This industrial in Jacksonville, FL is listed for sale at $1,200,000 across 7,440 SF ($188/SF). It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing industrial assets. Compare it against other industrial listings for sale in Jacksonville, FL — view the full market.

As of Q1 2026, the Jacksonville industrial market showed a 10.4% vacancy rate. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

Is the Jacksonville industrial market tightening or softening?
Vacancy is around 10.4% (Q1 2026).

Estimated Price per SF

$31.95/SF – $232.37/SF

Mid: $96.82/SF

Estimated price for 7,440 SF: $720,341 (range $237,708 – $1,728,833)

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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