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Industrial Warehouse Condo
For Sale
$1,599,000

10235 GENERAL DRIVE, Orlando, FL 32824

Concrete-block warehouse with dock access, office buildout, fenced security, and connections to major Orlando-area routes.

Property Size8,479 SF
Price / SF$188.58
Days on Market125

Property Features for 10235 GENERAL DRIVE

General Information

Standard status Active
Size 8,479 SF
Property subtype Business Opportunities

Taxes and HOA fees

Annual Taxes $12,599

Amenities

3
Corner Lot.
Security Lighting. Corner, Industrial Area, Oversized Lot, County Road, Asphalt, Paved Road.

Building Details

Year Built 1986
Stories 1
Listing Agency: AG REALTY SERVICES LLC
Listed By: Armando Gonzalez
Source: Xome
Added: Apr 3 Changed: Aug 5 Last Checked: Aug 5 at 5:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AG REALTY SERVICES LLC

Investment Insights

Based on property information with market context.

This 8,479-square-foot industrial warehouse condo was built in 1986 with concrete-block construction and a functional combination of office and warehouse space. The office area includes a reception space, two private offices, and two restrooms. Warehouse improvements include 17-foot clear height, two dock-high doors, including one equipped with a lift, and a secured fenced and gated configuration. Electrical service includes phase 3 and three switches with capacity of up to 200 amps and 240 volts each.

The property is currently leased to a national telecommunications infrastructure contractor through October 31, 2026. Its Orlando location provides immediate access to the Florida Turnpike, SR 528, and SR 417, with Orlando International Airport minutes away. The site is identified as a corner lot within an industrial area and includes security lighting, asphalt, and paved-road access.

Key Highlights

  • 8,479 SF industrial warehouse condo built in 1986
  • 17 ft clear height with two dock‑high doors, including one with lift
  • Office buildout includes reception area, two private offices, and dual restrooms

Financial Insights For Office B

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 $228.9k $27.00
− Vacancy −$38.9k −$4.59
EGI $190.0k $22.41
− OpEx −$47.5k −$5.60
NOI $142.5k $16.81
8,479 SF · lease $27.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,511 @ 7.0% cap · market cap 8.91%
Second Best
Warehouse
$821.7K
$719.0K – $958.6K (±1% cap)
NOI $57,516 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$2.65M
$2.32M – $3.10M (±1% cap)
NOI $185,792 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Pharmcy Pharmacy

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Butcher Cafe & Coffee Shop Home Appliance Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32824, FL

57,412
Population
20,453
Households
2.8
Avg Household Size
36
Median Age
34%
College-Educated
90%
High-School Grad
33.5 sq mi
ZIP Area
1,714
Density / Sq Mi
$80,177
Median Household Income
$35,897
Median Earnings
$1,759
Median Rent
$354,200
Median Home Value

Market

Vacancy Rate% for Office in Orlando, FL

9.5% 2019
11.2% 2020
13.2% 2021
13.7% 2022
15.5% 2023
17% 2024
17.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Concrete-block warehouse with dock access, office buildout, fenced security, and connections to major Orlando-area routes.
Where is this warehouse located?
The property is located at 10235 GENERAL DRIVE Orlando, FL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 8,479 SF industrial warehouse condo built in 1986; 17 ft clear height with two dock‑high doors, including one with lift; Office buildout includes reception area, two private offices, and dual restrooms
More about this property
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