Commercial Real Estate in Jacksonville, Florida is a lucrative investment opportunity, offering a diverse range of properties that cater to various business needs. With 394 available listings, investors can choose from a variety of properties that suit their investment goals. Commercial Real Estate in Jacksonville represents a wide range of investments, including office buildings, retail spaces, and industrial properties, each offering a unique opportunity for growth and returns. The city's strategic location, infrastructure, and amenities make it an attractive destination for businesses, with institutions like the University of North Florida, Jacksonville University, and the PGA Tour headquarters nearby. The city's economy is driven by sectors such as banking, insurance, healthcare, logistics, and tourism, making it an ideal location for businesses to thrive.
Commercial Real Estate in Jacksonville is part of a larger real estate market that includes Industrial Properties, Apartment Buildings, Office Properties, and Hotels. Industrial Properties in Jacksonville offer a range of warehouse and manufacturing spaces, while Apartment Buildings provide investment opportunities in the city's growing residential market. Office Properties in Jacksonville cater to the city's thriving business sector, with many companies, including CSX Corporation, Fidelity National Financial, and Deutsche Bank, having a presence in the city. Hotels in Jacksonville offer investment opportunities in the city's tourism sector, with many attractions, such as the Jacksonville Zoo and Gardens, and the VyStar Veterans Memorial Arena, drawing visitors to the area. With its diverse economy, infrastructure, and amenities, Jacksonville is an attractive destination for businesses and investors alike.
When it comes to financing options for purchasing commercial real estate in Jacksonville, there are several alternatives to consider, including:
It's essential to carefully evaluate each option and consider factors such as interest rates, repayment terms, and fees to determine the best fit for your commercial real estate investment in Jacksonville.
When considering commercial real estate purchases in Jacksonville, understanding cap rates is crucial. The average cap rate in Jacksonville is 6.25%, which can help investors determine the potential return on investment for a property, making it a vital factor in the decision-making process - to learn more about cap rates, check out our article on what is a cap rate.
With 394 available listings of commercial real estate in Jacksonville, investors have a range of options to choose from, and considering the cap rate can help narrow down the search to properties that meet their investment goals. By factoring in the cap rate, investors can better evaluate the potential income generated by a property and make a more informed decision.
In Jacksonville, Florida, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities, which can be found among the 394 available listings of Commercial Real Estate for sale in the city.
These properties can range in size from 49,836 square feet to 1,190,000 square feet, with an average price per square foot of $396 USD and an average cap rate of 6.25%, making them attractive investments for businesses and investors alike.