5005 Cleveland Rd

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5005 Cleveland Rd

Jacksonville, FL 32209
Asking Price
$1.55M
Asset Type
Industrial
Class
Class B

What's Special

5005 Cleveland Road is situated in the Northwest submarket of Jacksonville, Florida, an area characterized by established industrial activity and logistical infrastructure. The property offers proximity to major regional transit arteries, including Interstate 295 and Interstate 95, facilitating efficient movement throughout the Jacksonville metropolitan area. The surrounding neighborhood features a mix of warehouse distributions, light manufacturing facilities, and local service businesses. Essential amenities and support services are located within a short drive along the nearby Edgewood Avenue and New Kings Road corridors. The asset is suited for small to mid-scale industrial operations, including regional distribution, commercial equipment storage, or light assembly. A typical tenant profile includes third-party logistics providers, construction trade contractors, or wholesale distributors requiring functional warehouse space with reliable highway access. The layout and location support businesses focused on last-mile delivery or those serving the Port of Jacksonville’s logistical supply chain. The property’s zoning accommodates a variety of intensive commercial and industrial uses typical of the Northwest district.

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

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