3232 Old Kings Road

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3232 Old Kings Road

Jacksonville, FL 32254
Asking Price
$1.40M
Cap Rate
4.98%
Asset Type
Distribution Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial distribution asset located in Jacksonville, Florida
  • Facility features a total area of 7,440 square feet
  • Offered for sale at a price of 1,400,000 dollars
  • Investment property currently positioned at a 4.98 percent cap rate
  • Property serves as a viable option for owner-user acquisition

What's Special

Distribution businesses seeking a strategic operational hub in Jacksonville will find this 7,440-square-foot industrial property well-suited to their needs. Situated in a region known for its robust logistics infrastructure and connection to major interstate corridors, the asset provides functional space for warehousing or supply chain management. The facility accommodates both owner-users looking to establish a permanent base and investors interested in the active industrial market of Northeast Florida. Jacksonville continues to benefit from its proximity to major ports and regional distribution networks, drawing consistent interest from commercial occupiers. The property at 3232 Old Kings Road offers a manageable footprint for a variety of industrial functions, including regional distribution or light assembly. With its current setup, the building represents a practical addition to an existing real estate portfolio or an efficient headquarters for a expanding business looking to leverage the economic growth of the metropolitan area.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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