Dock-High Warehouse with
1356 BENNETT Drive Longwood, FL 32750
For Sale
$6,937,000
Pending
COMMERCIAL - LONGWOOD, FL
Property Size46,560 SF
Lot Size2.38 Acres
Days on Market698
Property Features for 1356 BENNETT Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- IND
- Security features
- Security Lighting
- Standard status
- Pending
- APN
- 01-21-29-5CK-750E-0001
- Size
- 46,560 SF
- Lot size
- 2.38 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- LEG S 171.50 FT OF N 226.40 FT OF E 636 FT OF BLK E TRACT 75 SANLANDO SPRINGS PB 7 PG 2
- Tax Annual Amount
- 39000
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1984
- Flooring type
- Tile, Concrete
- Building materials
- Metal Frame, Metal Siding
- Roof type
- Metal
Listing Agency:
CREEGAN GROUP
(407) 622-1111
Listed By:
Chris Creegan · License #3168853
(407) 622-1111
Added: Aug 27, 2024
Changed: Jul 20
Last Checked: Jul 25 at 11:06PM
MLS# O6236306
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
An updated industrial warehouse offering 46,560 square feet of space built in 1984 and 1987, with major renovations completed in 2008 and 2018. The building features a clean warehouse interior, 18' +/- ceiling height, and 40' x 30' column spacing. Loading includes four dock-high doors plus two additional doors served by a loading ramp and a roll-up door. The property also includes 11 offices, a 2,000 SF showroom, a 300 SF board meeting room, and a 600 SF under-air storage area, along with seven bathrooms, including a full bathroom with shower in the office area. Office interiors include 10-foot ceilings, and recent upgrades include LED motion detection and LED overhead warehouse lighting, new interior floors in office and showroom areas, modern ceiling tiles and bathroom fixtures, a newly designed pantry, recently paved and striped parking, refreshed landscaping, new gutters, newly installed underground piped rainwater run-off, and added exterior access ramps and stairs.
The site offers excellent frontage on Bennett Drive with ample parking in front and rear of the building. A fully fenced yard behind the building (~0.35 acres +/-) can accommodate a semi-truck turnaround. Zoning is IND, and the warehouse sits on a fill dirt platform approximately four feet above ground with a water run-off drainage ditch along the right-side perimeter of the building.
The property is tenant occupied by four tenants, with the ability to increase space for future tenants or for an owner to purchase as an investment, depending on the chosen configuration. The offering is located in Longwood’s industrial area, with proximity to major employers and roadways including UPS and FedEx, 17/92, SR 434, SR 436, and I-4.
The site offers excellent frontage on Bennett Drive with ample parking in front and rear of the building. A fully fenced yard behind the building (~0.35 acres +/-) can accommodate a semi-truck turnaround. Zoning is IND, and the warehouse sits on a fill dirt platform approximately four feet above ground with a water run-off drainage ditch along the right-side perimeter of the building.
The property is tenant occupied by four tenants, with the ability to increase space for future tenants or for an owner to purchase as an investment, depending on the chosen configuration. The offering is located in Longwood’s industrial area, with proximity to major employers and roadways including UPS and FedEx, 17/92, SR 434, SR 436, and I-4.
Key Highlights
- 46,560 SF updated warehouse on 2.5 acres in Longwood’s industrial area, with 40' x 30' column spacing and 18' +/- ceiling height
- 4 dock‑high doors plus 2 additional doors with a loading ramp and roll‑up door; fully fenced .35 +/- acre yard behind the building
- Ample parking in front and rear with fully paved/striped lot and landscaped grounds; semi‑truck turnaround space in the fenced yard
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $407.9k | $8.76 |
| − Vacancy | −$36.3k | −$0.78 |
| EGI | $371.6k | $7.98 |
| − OpEx | −$55.7k | −$1.20 |
| NOI | $315.8k | $6.78 |
46,560 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$9.94M
$8.70M – $11.59M
NOI $695,606 @ 7.0% cap · market cap 10.03%
Second Best
Warehouse
$4.51M
$3.95M – $5.26M
NOI $315,831 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$13.25M
$11.59M – $15.46M
NOI $927,475 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Anchor Floor & Supply ...
Building Supply
Yorkshore Sales - Commercial ...
Building Supply
Menagerie Drapery Hardware
Interior Design
Caesar Event Rentals ...
Party Supply Store
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- Warehouse Location — 1355 Bennett Dr #233, Longwood, FL 32750
FAQs
What type of property is this?
Warehouse - Updated industrial warehouse with multiple loading doors, fenced yard, and dedicated office and showroom areas.
Where is this warehouse located?
The property is located at 1356 BENNETT Drive Longwood, FL.
What is the asking price?
The asking price for this property is $6,937,000.
What are key features of this property?
This property features: 46,560 SF updated warehouse on 2.5 acres in Longwood’s industrial area, with 40' x 30' column spacing and 18' +/- ceiling height; 4 dock‑high doors plus 2 additional doors with a loading ramp and roll‑up door; fully fenced .35 +/- acre yard behind the building; Ample parking in front and rear with fully paved/striped lot and landscaped grounds; semi‑truck turnaround space in the fenced yard
