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Warehouse with Air-Conditioned Front Space
New
For Sale
$3,860,000

2698 S ORANGE BLOSSOM Trail, Orlando, FL 32805

Commercial Sale, ORLANDO, FL

Property Size14,614 SF
Lot Size0.65 Acres
Price / SF$264.13
Days on Market2

Property Features for 2698 S ORANGE BLOSSOM Trail

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Subdivision ANGEBILT ADD
Directions Take FL-408 W to US-17 S/US-441 S/US-92 W/S Orange Blossom Trail/S Orange Blossom Trl in Holden Heights 2698 S Orange Blossom Trail Orlando, FL 32805
Standard status Active
APN 03-23-29-0180-50-200
Size 14,614 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ANGEBILT ADDITION H/79 LOTS 20 THROUGH 24 (LESS N 50 FT OF LOTS 23 & 24 & LESS RD R/W) BLK 50
Tax Annual Amount 18073
Legal Description ANGEBILT ADDITION H/79 LOTS 20 THROUGH 24 (LESS N 50 FT OF LOTS 23 & 24 & LESS RD R/W) BLK 50

Utilities

Cooling system Central Air

Building Details

Year built 1955
Floors in Building 1
Building materials Block
Listing Agency: COMMERCIAL REAL ESTATE PROF IN
Listed By: Mark Allen
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 22 at 7:06AM
MLS# O6451569

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.

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Investment Insights

Based on property information with market context.

This block warehouse property contains approximately 14,614 square feet on 0.65 acres. The front warehouse area measures approximately 3,500 square feet and has air conditioning; a separate rear warehouse area is approximately 7,000 square feet and is not air-conditioned. Interior work includes drywall, paint, and lighting, and the roof was replaced with TPO between 2023 and 2024.

An approximately 800-square-foot area is being renovated for a future barber shop. The property is zoned NC and has a month-to-month tenant.

Key Highlights

  • Approximately 14,614 square feet of warehouse space on 0.65 acres
  • Front warehouse: approximately 3,500 square feet with air conditioning
  • Rear warehouse: approximately 7,000 square feet without air conditioning

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 (±1% cap)
NOI $192,905 @ 7.0% cap · market cap 5.00%
Second Best
Warehouse
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,131 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$4.71M
$4.12M – $5.49M (±1% cap)
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

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Current Use

Mattress First USA Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Restaurant Gym & Fitness Center

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

797
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Orlando, FL

7.1% 2019
7.3% 2020
6.1% 2021
2.6% 2022
3.8% 2023
8.4% 2024
7.2% 2025

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 - A second warehouse area provides additional storage or operational space without air conditioning.
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 14,614 square feet of warehouse space on 0.65 acres; Front warehouse: approximately 3,500 square feet with air conditioning; Rear warehouse: approximately 7,000 square feet without air conditioning
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