Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Dock

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Lake, Pond, Water

Area & Lot

  • Lot Features

    Landscaped, Paved, Waterfront

  • Lot Size(acres)

    3.05

  • Lot Size(square feet)

    132858.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $2,499,000

  • Tax Amount

    $67,081

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Tax Lot

    0000

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Location

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Duval

Elementary School

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Listing Courtesy of Dylan Bynum , CARRIGAN LAND GROUP, LLC

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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 both a ±13,704 SF main building and a ±4,806 SF 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.

8669 BAYPINE ROAD

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STRONG INVESTMENT OPPORTUNITY WITH 5+ PT CAP RATE. Discover an exceptional opportunity at Salisbury Lakes Business Park—a professionally managed, campus-style Class B office park located in the heart of Jacksonville's vibrant Suburban Office Market. This 22,344-square-foot, two-story building is part of a four-building complex featuring durable masonry construction with a brick exterior, bar and rigid roof framing, and a built-up tar and gravel roof. The exterior was NEWLY PAINTED in 2025, and the building is equipped with NEW HVAC SYSTEMS, offering modern efficiency and comfort. Strategically positioned in the northeast quadrant of I-95 and J. Turner Butler Boulevard, the property is just 15 minutes from Downtown Jacksonville and conveniently located near St. Luke’s Hospital, hotels, and a variety of amenities. On-site Baywood Security provides added safety and peace of mind.
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MLS#: O6307495

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