Flex Warehouse with
1905 Kentucky Avenue Winter Park, FL 32789
1905 Kentucky Avenue, Winter Park, FL, 32789
Contact for pricing
For Sale
Contact for pricing
Pending
Newly renovated warehouse with office, 22’ clear height, and multiple roll-up doors for light industrial and flex users.
Property Size7,200 SF
Lot Size0.32 Acres
Days on Market56
Property Features for 1905 Kentucky Avenue
General Information
- Standard status
- Pending
- Size
- 7,200 SF
- Lot size
- 0.32 Acres
- Property subtype
- Industrial
Listing agency
CITY Commercial LLC
Listed by
Lee Zerivitz, SIOR, CCIM · License #FL 3167129
Source
Crexi
Added: May 27 Updated: Jul 10 at 4:00PM Checked: Jul 20 at 2:13AM
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 CITY Commercial LLC
Investment Insights
Based on property information with market context.
This newly renovated flex warehouse includes approximately 6,000 SF of warehouse space and about 1,200 SF of office area. The property features a new roof with a 25-year warranty, 22’ clear height with 20’ eaves, and a column-free warehouse design for efficient layout. Access is provided through double glass entry doors and four roll-up doors, supported by central hub space and a private office. The space includes two restrooms and a shower, with all new flooring and fixtures. Parking is supported by new seal and striping for 10 parking spaces, and the building is offered under-air.
The property is located at 1905 Kentucky Avenue, Winter Park, FL 32789, and offers direct access to I-4, Fairbanks, and 17/92.
The layout is well-suited for tenants seeking a straightforward combination of warehouse and office space with high clear height and no interior columns. With column-free storage and multiple roll-up doors, it can accommodate a variety of flex and light industrial requirements. The listed possible uses under C-3 include sports facilities (such as baseball, basketball, pickleball, and volleyball), car collector luxury vehicle storage, fitness training, and specialty trades including light assembly and manufacturing.
The property is located at 1905 Kentucky Avenue, Winter Park, FL 32789, and offers direct access to I-4, Fairbanks, and 17/92.
The layout is well-suited for tenants seeking a straightforward combination of warehouse and office space with high clear height and no interior columns. With column-free storage and multiple roll-up doors, it can accommodate a variety of flex and light industrial requirements. The listed possible uses under C-3 include sports facilities (such as baseball, basketball, pickleball, and volleyball), car collector luxury vehicle storage, fitness training, and specialty trades including light assembly and manufacturing.
Key Highlights
- Newly renovated ±7,200 SF on ±0.32 acres, including ±6,000 SF warehouse and ±1,200 SF office area
- Warehouse features ±22' clear height, 20' eaves, and is column‑free
- 100' x 60' warehouse with double glass entry doors and four roll‑up doors
Local 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 | $172.8k | $24.00 |
| − Vacancy | −$29.4k | −$4.08 |
| EGI | $143.4k | $19.92 |
| − OpEx | −$35.9k | −$4.98 |
| NOI | $107.6k | $14.94 |
7,200 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,568 @ 7.0% cap · market cap 3.71%
Second Best
Warehouse
$697.7K
$610.5K – $814.0K
NOI $48,840 @ 7.0% cap · market cap 1.68%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,424 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Blue Bamboo Center ...
Music Venue
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 1842 W Fairbanks Ave, Winter Park, FL 32789
FAQs
What type of property is this?
Warehouse - Newly renovated warehouse with office, 22’ clear height, and multiple roll-up doors for light industrial and flex users.
Where is this warehouse located?
The property is located at 1905 Kentucky Avenue Winter Park, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Newly renovated ±7,200 SF on ±0.32 acres, including ±6,000 SF warehouse and ±1,200 SF office area; Warehouse features ±22' clear height, 20' eaves, and is column‑free; 100' x 60' warehouse with double glass entry doors and four roll‑up doors
