| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Fair |
| Demographics | 29th | Poor |
| Amenities | 71st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 6650 Corporate Center Pkwy, Jacksonville, FL, 32216, US |
| Region / Metro | Jacksonville |
| Year of Construction | 2009 |
| Units | 22 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
6650 Corporate Center Pkwy Jacksonville Multifamily Investment
Neighborhood occupancy is above the metro median, pointing to steady renter demand near major job nodes, according to WDSuite’s CRE market data. The investment case centers on durable workforce demand rather than premium rent positioning.
This Inner Suburb location in Jacksonville balances daily convenience with commute efficiency. Restaurant and grocery density place the neighborhood in the top quartile nationally, and pharmacies and parks are similarly strong, while café options are limited. Average school ratings trail national norms, which can affect family-oriented demand but is often less determinative for workforce-focused assets.
For multifamily investors, neighborhood occupancy is above the metro median, and the share of renter-occupied housing is high relative to most U.S. neighborhoods. Together, these indicators suggest a deep tenant base and support for leasing stability at typical workforce price points. Median contract rents are mid-market for Jacksonville and have been rising, which can aid revenue management without overreaching on affordability.
Demographic statistics aggregated within a 3-mile radius show population growth over the past five years alongside a larger household count, with forecasts indicating continued expansion through 2028. This points to a broader renter pool and supports occupancy stability and absorption for well-managed properties.
The property’s 2009 construction is newer than the neighborhood’s 1970s-vintage average, offering relative competitiveness versus older stock. Investors should still plan for typical mid-life capital items and selective updates to sustain positioning against newer deliveries.
Safety metrics for the neighborhood are below both metro and national benchmarks. In national terms, the area sits in a lower percentile for safety, and compared with Jacksonville neighborhoods (368 total), it trends below average. Recent estimates also indicate year-over-year increases in both property and violent incidents.
Investors commonly address this through property-level measures (lighting, access control, and visible management presence) and by calibrating screening and on-site policies. Monitoring citywide and submarket crime trends remains prudent for underwriting and retention planning.
Proximity to regional headquarters and corporate offices underpins steady workforce housing demand and supports retention for renters prioritizing short commutes. Nearby employers include CSX, Fidelity National Financial, Fidelity National Information Services, and Anixter.
- CSX — transportation & logistics (6.3 miles) — HQ
- Fidelity National Financial — financial services (6.4 miles) — HQ
- Fidelity National Information Services — financial technology (6.4 miles) — HQ
- Anixter — distribution & supply (9.3 miles)
6650 Corporate Center Pkwy offers a workforce-oriented positioning supported by above-median neighborhood occupancy and a high share of renter-occupied housing. Based on CRE market data from WDSuite, amenity access is a relative strength versus many U.S. neighborhoods, helping with lease-up and retention at mid-market price points.
Built in 2009, the asset is newer than much of the surrounding 1970s-era stock, which can enhance competitiveness with measured capital planning for mid-life systems and targeted interior updates. Three-mile demographics point to a growing renter pool and rising incomes through 2028, indicating continued demand depth; underwriting should balance this with prudent assumptions around safety and school quality.
- Above-median neighborhood occupancy supports revenue stability and leasing continuity.
- High renter-occupied share indicates a deep tenant base for workforce housing.
- 2009 vintage offers a competitive edge versus older local stock with manageable mid-life CapEx.
- Strong amenity access (restaurants, groceries, pharmacies) aids retention and daily convenience.
- Risks: below-average safety and lower school ratings require active management and conservative underwriting.