8081 Philips HwyJacksonville, FL 32256

Property Details for 8081 Philips Hwy

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

8.19 AC

Property size (Sq ft)

64,011 SF

Zone code

IBP

Property type

Retail properties

Property subtype

Strip malls

APN

152612-0800

APU

1526120800

Description

This exceptional commercial property, known as Spectrum, offers a diverse range of flexible spaces ideal for retail, office, or showroom use. Located at 8081 Philips Highway in Jacksonville, Florida (Duval County, zip code 32256), this prime location sits at the northeast corner of the signalized intersection of Philips Highway (US Highway 1) and Baymeadows Road, benefiting from high visibility and significant daily traffic (over 71,500 average daily vehicular trips). The property comprises two single-story buildings totaling 61,176 square feet on an 8.14-acre lot. Built in 1985, the property features a multi-tenant environment with established businesses such as Wells Fargo, AmeriLife, and River City Medical already in place. Three spaces are currently available for lease, ranging in size from 1,841 square feet to 11,046 square feet, offering flexibility to accommodate various business needs. The property's classification includes flex, creative office, outparcel/pad, and storefront options. A free-standing Lowe's store is conveniently located directly across Philips Highway, further enhancing the property's accessibility and desirability. This is a unique opportunity to secure commercial space in a high-traffic, well-established location within a thriving Jacksonville business community. The property's total building square footage is 61,176 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $16,326,651

  6.5%

  $15,070,755

  7%

  $13,994,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,970,538

  Geo Method

  $10,970,538

• Alternative Use

  Use

  Valuation

  Residential

  $12,712,745

  Hospitality

  $11,644,806

  Educational

  $9,688,342

  Medical

  $10,021,539

  Retail

  $15,070,755

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.2226

Longitude

-81.5858

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].