Two-Building Industrial
For Sale
$950,000
Pending
4120 ROUSH Avenue, Orlando, FL 32803
Commercial Sale, ORLANDO, FL
Property Size8,276 SF
Lot Size0.46 Acres
Days on Market104
Property Features for 4120 ROUSH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Take FL 408 East (East West Expressway) Exit onto Bumby Avenue heading north Turn right onto E Robinson Street Turn left onto Roush Avenue Continue to 4120 Roush Ave, which will be on your right
Subdivision
32803 - Orlando/Colonial Town
Standard status
Pending
APN
20 22 30 6812 00 070
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PENNSY PARK K/67 LOTS 7 8 & 9
Tax Annual Amount
9518
Legal Description
PENNSY PARK K/67 LOTS 7 8 & 9
Utilities
Cooling system
Central Air
Building Details
Year built
1967
Building materials
Metal Siding
Listing Agency:
KELLER WILLIAMS ADVANTAGE III · Keller Williams Realty
(407) 207-0825
Listed By:
Jeremy Miller · License #3387570
(407) 508-0347
Added: May 18
Changed: Aug 19
Last Checked: Aug 29 at 7:06AM
MLS# S5150222
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.
Investment Insights
Based on property information with market context.
A two-building industrial complex offering a total of 8,276+/- square feet across Building 1 (5,076 SF) and Building 2 (3,200 SF). The property includes a 20,157+/- SF fenced lot and four 10' x 10' grade-level loading doors. Construction is concrete block with a listed 15' clear height.
The complex is located in Orlando with C-3 zoning, a flexible commercial/industrial designation. Outdoor storage is permitted and the perimeter is fully fenced, supporting a wide range of industrial and storage-oriented uses.
The property is currently occupied on a month-to-month basis through 12/31/26 with rent of $3,600 per month, making it well-suited for an owner-user approach to occupy one building, lease the other, or utilize the entire complex.
The complex is located in Orlando with C-3 zoning, a flexible commercial/industrial designation. Outdoor storage is permitted and the perimeter is fully fenced, supporting a wide range of industrial and storage-oriented uses.
The property is currently occupied on a month-to-month basis through 12/31/26 with rent of $3,600 per month, making it well-suited for an owner-user approach to occupy one building, lease the other, or utilize the entire complex.
Key Highlights
- Two‑building industrial complex totaling 8,276+/- SF: 5,076 SF (Building 1) and 3,200 SF (Building 2)
- 20,157+/- SF fenced lot with outdoor storage permitted
- Four (4) 10'x10' grade‑level loading doors and 15' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,139
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,122,780
$1.1M
Cap Rate 7%
$801,986
$802.0K
Cap Rate 9%
$623,767
$623.8K
Market Conditions
NOI Build-Up for 8,276 SF
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.
Gross rent
$72.5K $8.76/SF
− Vacancy
−$6.5K −$0.78/SF
EGI
$66.0K $7.98/SF
− OpEx
−$9.9K −$1.20/SF
NOI
$56.1K $6.78/SF
Area
Orlando, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,122,780
Cap Rate 7%
$801,986
Cap Rate 9%
$623,767
Alternative Uses
Best Use
Warehouse
$802.0K
$701.7K – $935.7K
NOI $56,139 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,619 @ 7.0% cap · market cap 19.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Industrial in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Self-Storage at U-Haul — 4001 E Colonial Dr, Orlando, FL 32803
Frequently Asked Questions
What type of property is this?
Warehouse - Two concrete block warehouse buildings plus a fully fenced lot with four 10' x 10' grade-level loading doors.
Where is this warehouse located?
The property is located at 4120 ROUSH Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑building industrial complex totaling 8,276+/- SF: 5,076 SF (Building 1) and 3,200 SF (Building 2); 20,157+/- SF fenced lot with outdoor storage permitted; Four (4) 10'x10' grade‑level loading doors and 15' clear height
