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8669 BAYPINE ROAD

Commercial For Sale
$2,499,000

BTC: 40.70032573

ETH: 1,431.27147766

1 days
Waterfront
0 room(s)

Overview

One or more photo(s) has been virtually staged. Rare opportunity to acquire a stabilized ±18,510 SF two-building lakefront office/flex investment property located within Jacksonville's highly sought-after Baypine / Deerwood business corridor. Situated on a professionally maintained waterfront campus with abundant parking, mature landscaping, and immediate access to Interstate 95 and Butler Boulevard (JTB), the property consists of a ±13,704 SF main building and a ±4,806 SF ancillary building. Recent ownership capital improvements, strong curb appeal, and a strategic location within one of Jacksonville's premier office submarkets position this asset as a compelling long-term investment opportunity. The property is 100% occupied by a long-term established organization with more than 15 years of occupancy history and a recently exercised renewal option, providing stable in-place cash flow through a Triple-Net (NNN) lease structure with contractual 5% annual rent escalations. The offering presents an attractive 6.59% cap rate based on current income, with projected NOI growth through future rent escalations and additional upside potential from below-market in-place rental rates. PLEASE SEE THE ATTACHED OFFERING MEMORANDUM FOR COMPLETE FINANCIAL INFORMATION, LEASE DETAILS, RENT GROWTH PROJECTIONS, CAPITAL IMPROVEMENTS, AND INVESTMENT HIGHLIGHTS. PLEASE ALSO SEE THE ATTACHED SURVEY ILLUSTRATING THE PROPOSED LOT SPLIT, AS THE SALE OF THE PROPERTY IS SUBJECT TO COMPLETION OF THE LOT SPLIT.

Location

Details

Type:
Commercial Sale
Parking:
Ground Level / Over 30 Spaces
Year Built:
1994
Lot:
3.05 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$67,081
2025
Waterfront
Lake Front
All facts and features
  • Flooring

    • Carpet

    Cooling

    • Central Air

  • Parking

    • Ground Level

    • Over 30 Spaces

    Property

    • Levels: One

    Lot

    • Lot: 3.05 Acres

    Other Property Information

    • Parcel Number: 152612 0320

    • Zoning: IBP

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $67,081

  • Source details

    • MLS ID: O6414238

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Lot Features: Central Business District / Curb and Gutters / Landscaped / Retention Pond / Sidewalk

    • Window Features: Tinted Windows

    • Direction Faces: East

    • Waterfront: Yes

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CARRIGAN LAND GROUP, LLC