Updated Warehouse in Longwood,
1356 BENNETT DRIVE Longwood, FL 32750
1356 BENNETT DRIVE, Longwood, FL, 32750
$6,937,000
Pending
Industrial - LONGWOOD, FL
Property Size46,560 SF
Lot Size2.38 Acres
AddedAug 27, 2024
Days on Market688
Last RefreshJul 15 at 10:06 am
Property Features for 1356 BENNETT DRIVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Industrial
- Zoning
- IND
- Security features
- Fire Sprinkler System, Security Lighting
- Exterior features
- Paved, Security Lights
- 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 Annual Amount
- 39000
Utilities
- Heating system
- Central
Building Details
- Year built
- 1984
- Flooring type
- Concrete, Tile
- Building materials
- Frame, Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Chris Creegan License #3168853 (407) 622-1111
Listing office CREEGAN GROUP 439 Lake Howell Rd, MAITLAND, FL (407) 622-1111
Listing date Aug 27, 2024
MLS# O6236306
Listing URL
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.
Located in Longwood's industrial area, this updated warehouse offers 46,560 square feet of space on 2.5 acres. The property features frontage on Bennett Drive and ample parking in both the front and rear. The column spacing is 40'x30' and the ceiling height is 18' +/-. The property is zoned industrial and includes 4 dock-high doors, plus 2 additional doors with a loading ramp and roll-up door. A .35 +/- acre fenced yard behind the building can accommodate a semi-truck turnaround. The interior includes 11 offices, a 2,000 square foot showroom, a 300 square foot board meeting room, and a 600 square foot under-air storage area. Interior offices have 10-foot ceilings. There are 7 bathrooms, including one full bathroom with a shower in the office area. Constructed in 1984 and 1987, the property underwent major renovations in 2008 and 2018. Recent upgrades include LED motion detection warehouse lighting, newly installed LED overhead lighting, new interior floors in the office and showroom areas, modern ceiling tiles and bathroom fixtures, and a newly designed pantry. Exterior improvements feature a recently paved and striped parking lot with new landscaping, new gutters, and a newly installed underground piped rainwater run-off system. Accessible ramps and stairs have been added to the front and rear of the property. Constructed on a fill dirt platform four feet above ground, the property includes a water run-off drainage ditch along the right-side perimeter. The property is currently tenant-occupied by 4 tenants, offering the potential to increase square footage for future tenants or purchase as an investment. The location provides convenient access to UPS, FedEx, 17/92, SR 434, SR 436, and I-4.
Key Highlights
- Prime Location: Excellent access to major transportation routes.
- Substantial Warehouse Space: Features 46,560 SF of updated warehouse space on 2.5 acres.
- Multiple Loading Options: Equipped with 4 dock‑high doors, plus 2 additional doors with a loading ramp and roll‑up door.
Local 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
Warehouse
$4.51M
$3.95M – $5.26M
NOI $315,831 @ 7.0% cap · market cap 4.55%
Second Best
Industrial
$3.72M
$3.25M – $4.33M
NOI $260,096 @ 7.0% cap · market cap 3.75%
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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FAQs
What type of property is this?
Warehouse - 46,560 SF updated warehouse on 2.5 acres in Longwood.
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: Prime Location: Excellent access to major transportation routes.; Substantial Warehouse Space: Features **46,560 SF of updated warehouse space** on 2.5 acres.; Multiple Loading Options: Equipped with 4 dock‑high doors, plus 2 additional doors with a loading ramp and roll‑up door.
