Jacksonville · Commercial sale
Vfii Jax Alvarez buys 13920 Alvarez Rd in Jacksonville for $11.56 million
A warehouse at 13920 Alvarez Rd, Jacksonville sold for $11,560,000 on September 25, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $11,560,000
- Recorded
- September 25, 2026
- Property type
- Warehouse
- Building area
- 143,577 sq ft
- Price per sq ft
- $81
- Year built
- 2003
A warehouse at 13920 Alvarez Rd in Jacksonville sold for $11,560,000, making it the second-highest-priced deed recorded in Duval County that day. The special warranty deed was recorded September 25, 2026 with the Duval County Clerk of Courts.
The deed lists IC Industrial REIT, a Maryland real estate investment trust, as the seller. The buyer is Vfii Jax Alvarez LLC, a Delaware limited liability company.
The county's 2026 tax roll shows 143,577 square feet of building area, a 2003 construction date and a 9.51-acre lot. At that size, the price works out to $81 per square foot. The Property Appraiser's market value on that roll is $11,557,000.
An aerial photo of the property shows its setting: the parcel is steps from a pond, with industrial buildings around it.
What this sale costs to close
What does closing cost at this price? Under Duval County custom the seller's larger charges are $80,920 for the documentary stamp tax on deed and $29,445 for the owner's title insurance policy. The seller's estimated net is $11,367,900 before brokerage commissions and any loan payoff. A cash buyer would need about $11,479,934 at closing.
Source: Duval County Clerk of Courts, Official Records, instrument 2026227135. Property details: Duval County 2026 tax roll, published by the Florida Department of Revenue. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
