$2,499,000
( $134.75Per Sq Foot )
 $13,415 est/mo Sourced by Back At You

8669 Baypine Rd,JACKSONVILLE, FL 32256

JACKSONVILLE, FL 32256

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Description

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.

Details

MLS #O6414238
Listing TypeFor Sale
StyleOffice
Sub-TypeFor-sale
StatusActive
Year1994
Days On Site84
Listing Provided ByCARRIGAN LAND GROUP, LLC | Dylan Bynum

Features

SQ Feet18,546
Story(s)1
ZoningIBP
Acreage3.05
Water FrontYes

Taxes

Property67081

Area Information

StateFL
CountyDuval
CityJACKSONVILLE
Zip Code32256
Area32256 Jacksonville
Listing VS Median (in 32256)
Price:
$2,499,000
low | high
Med:
$339,843
100% of Average
sqft:
18,546
low | high
Med:
1,549
100% of Average
$ / sqft:
$135
low | high
Med:
$219
12.821184716624% of Average
On site:
84
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 32256

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of August 28, 2026 at 7:19:44 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyDuval
CityJACKSONVILLE
Zip Code32256
Area32256 Jacksonville
Listing VS Median (in 32256)
Price:
$2,499,000
low | high
Med:
$339,843
100% of Average
sqft:
18,546
low | high
Med:
1,549
100% of Average
$ / sqft:
$135
low | high
Med:
$219
12.821184716624% of Average
On site:
84
low | high
Med:
28
100% of Average
Sourced by Back At You
Listing Updated: July 21, 2026 at 1:56:28 PM PDT