24,000 SF Industrial
For Sale
Contact for pricing
11497 Rocket Blvd, Orlando, FL 32824
Industrial property with office space and four dock-high doors.
Property Size24,000 SF
Price / SF$187.50
Days on Market222
Property Features for 11497 Rocket Blvd
General Information
Standard status
Active
Size
24,000 SF
Class
C
Property subtype
Industrial
Zoning
I-4
Building Details
Year Built
1979
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Professional Commercial Real Estate Services
Listed By:
Juan Jimenez · License #BK3262702
Source:
Crexi
Added: Mar 3
Changed: Oct 7
Last Checked: Oct 9 at 4:51PM
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 Professional Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This 24,000-square-foot industrial property is located in a sought-after industrial zone of Orlando, offering visibility from the Florida Turnpike. The property features office space and four dock-high rolling doors. It is situated minutes from major highways including the Florida Turnpike, SR-528, and SR-417.
Key Highlights
- Prime location in a sought‑after Orlando industrial zone with outstanding visibility from the Florida Turnpike.
- 24,000‑square‑foot industrial space suitable for a variety of uses.**
- Features office space and four dock‑high rolling doors for efficient operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$403,380
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,067,600
$8.1M
Cap Rate 7%
$5,762,571
$5.8M
Cap Rate 9%
$4,482,000
$4.5M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$648.0K $27.00/SF
− Vacancy
−$110.2K −$4.59/SF
EGI
$537.8K $22.41/SF
− OpEx
−$134.5K −$5.60/SF
NOI
$403.4K $16.81/SF
Area
ZIP 32824
Vacancy
17.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,067,600
Cap Rate 7%
$5,762,571
Cap Rate 9%
$4,482,000
Alternative Uses
Best Use
Office B
$5.76M
$5.04M – $6.72M
NOI $403,380 @ 7.0% cap · market cap 8.96%
Second Best
Warehouse
$2.33M
$2.03M – $2.71M
NOI $162,799 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$7.51M
$6.57M – $8.76M
NOI $525,888 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property with office space and four dock-high doors.
Where is this warehouse located?
The property is located at 11497 Rocket Blvd Orlando, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location in a sought‑after Orlando industrial zone with outstanding visibility from the Florida Turnpike.; 24,000‑square‑foot industrial space suitable for a variety of uses.**; Features office space and four dock‑high rolling doors for efficient operations.
