Warehouse with Air-Conditioned Front
2698 S Orange Blossom Trail, Orlando, FL 32805
For Sale
$3,860,000
The front warehouse is air-conditioned, while the rear warehouse space is not.
Property Size14,614 SF
Lot Size0.65 Acres
Price / SF$264.13
Days on Market42
Property Features for 2698 S Orange Blossom Trail
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Conditioned Warehouse
Tenant in Place
Property Use
Building Details
Year Built
Listing Agency:
COMMERCIAL REAL ESTATE PROF IN
Listed By:
Mark Allen · License FL #3231641
(321) 689-8000
Source:
Realtygroupfl
Added: Oct 2
Changed: Nov 10
Last Checked: Nov 12 at 8:11AM
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 COMMERCIAL REAL ESTATE PROF IN
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Investment Insights
Based on property information with market context.
This warehouse property includes approximately 3,500 square feet of air-conditioned front space and about 7,000 square feet of rear warehouse space without air conditioning. Interior work includes drywall, paint, and lighting upgrades. A TPO roof was installed between 2023 and 2024. Approximately 800 square feet is being renovated for a future barber shop.
The property occupies a 0.65-acre corner parcel at W Washington Street and S Orange Blossom Trail in Orlando. A month-to-month tenant is in place.
The property occupies a 0.65-acre corner parcel at W Washington Street and S Orange Blossom Trail in Orlando. A month-to-month tenant is in place.
Key Highlights
- Approximately 3,500 square feet of air‑conditioned front warehouse space
- Approximately 7,000 square feet of rear warehouse space without air conditioning
- 0.65‑acre corner parcel at W Washington Street and S Orange Blossom Trail
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$192,905
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,858,100
$3.9M
Cap Rate 7%
$2,755,786
$2.8M
Cap Rate 9%
$2,143,389
$2.1M
Market Conditions
NOI Build-Up for 14,614 SF
Gross rent
$350.7K $24.00/SF
− Vacancy
−$42.1K −$2.88/SF
EGI
$308.6K $21.12/SF
− OpEx
−$115.7K −$7.92/SF
NOI
$192.9K $13.20/SF
Area
Orlando, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,858,100
Cap Rate 7%
$2,755,786
Cap Rate 9%
$2,143,389
Alternative Uses
Best Use
Mixed Use
$2.76M
$2.41M – $3.22M
NOI $192,905 @ 7.0% cap · market cap 5.00%
Second Best
Warehouse
$1.42M
$1.24M – $1.65M
NOI $99,131 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$4.71M
$4.12M – $5.49M
NOI $329,538 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Orlando, FL
Properties on Market for Warehouses in Orlando
Vacancy Rate% for Industrial in Orlando, FL
Similar Off Market Nearby
- Extra Space Storage — 3501 S Orange Blossom Trail, Orlando, FL 32839
- Extra Space Storage — 2312 S Division Ave, Orlando, FL 32805
Frequently Asked Questions
What type of property is this?
Warehouse - The front warehouse is air-conditioned, while the rear warehouse space is not.
Where is this warehouse located?
The property is located at 2698 S Orange Blossom Trail Orlando, FL.
What is the asking price?
The asking price for this property is $3,860,000.
What are key features of this property?
This property features: Approximately 3,500 square feet of air‑conditioned front warehouse space; Approximately 7,000 square feet of rear warehouse space without air conditioning; 0.65‑acre corner parcel at W Washington Street and S Orange Blossom Trail
