Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5050 Wesley Rd Apopka, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New industrial space with 2,500 SF office, available Q1 2024.

    Type:INDUSTRIAL
    Property size:
    207,491 SF
    Lot size:
    148.47 Acres
    Added:
    Feb 27, 2024
    Days on Market:
    783
    Last Refresh:
    Apr 5 at 10:13 pm

    Property Features for 5050 Wesley Rd

    General Information

    Standard status
    Active
    Size
    207,491 SF
    Lot size
    148.47 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 5050 Wesley Rd Contact us

    We can help!

    Listing Contact
    Jeffrey Grabowski

    Listing agent Jeffrey Grabowski

    Listing office EQT Exeter - Corporate

    Listing date Feb 27, 2024

    Source Moodyscre

    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 EQT Exeter - Corporate

    Overview

    Apopka Industrial Space For Lease

    This industrial space, built in 2023, offers a total building size of 207,491 square feet, all of which is available for lease. The property includes 2,500 square feet of office space. Estimated delivery is in Q1 2024. Situated on a 12-acre site with 40% site coverage, the building features a 36-foot clear height and 54-foot by 54-foot column spacing. The floor is constructed with 7-inch thick concrete, providing a 4,000 psi strength floor load. The property has a 190-foot truck court depth and rear loading configuration. It is equipped with 37 dock doors and 2 drive-in doors. Parking includes 154 car spaces and 50 trailer spaces. The building is equipped with LED lighting and an ESFR sprinkler system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adventhealth CSC Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy Auto Parts Store Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Your Storage Units Apopka — 2400 Wiggins Rd, Apopka, FL 32712

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.5904
    Latitude
    28.714

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      1741 Ocoee Apopka Rd, 1st Floor, Apopka, United States of America, 32703

      1729 Ocoee Apopka Rd, Apopka, FL 32703
      View Details
    • $72,000/mo

      Drive-Thru Convenience Store Opportunity

      Drive-thru convenience store in a prime commercial location for rent.
      803 N PARK AVENUE, APOPKA, FL 32712
      View Details
    • $30/mo

      Retail Strip Center in Apopka

      Retail space for lease in Downtown Apopka.
      60 E 5th St, Apopka, FL 32703
      View Details
    • $14/mo

      Apopka Warehouse and Office Space

      55,720± SF warehouse with office space for sale in Apopka.
      2502-2544 JMT Industrial Drive, Apopka, FL 32703
      View Details
    • Contact for pricing

      Wekiva Centre

      Office space for lease in Apopka's Wekiva Centre.
      1706 Semoran Blvd, Unit 127, Apopka, FL 32703
      View Details
    • Contact for pricing

      New Industrial Park in Apopka

      Newly developed industrial park with flexible spaces for rent.
      1245 S. Binion Road, Apopka, FL 32703
      View Details
    • Contact for pricing

      New Apopka Industrial Park

      Small-bay industrial suites available in Apopka, Florida.
      1239 S. Binion Road, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Industrial Park Small-Bay Suites

      Newly developed industrial park with flexible configurations for various businesses.
      1227 S. Binion Road, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Ridge Logistics Development

      78-acre development with up to 1,250,000 SF available.
      1400 Bronson Lake Drive, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Industrial Park Flex Space

      Newly developed industrial park with flexible configurations for various businesses.
      1239 S Binion Rd, Apopka, FL 32703
      View Details
    • Contact for pricing

      New Apopka Industrial Park Space

      Scalable industrial suites available in Northwest Orlando submarket.
      1233 S Binion Rd, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Industrial Park Space

      New industrial park with flexible spaces in Apopka, Florida.
      1245 S Binion Rd, Apopka, FL 32703
      View Details

    FAQs

    What type of property is this?
    Warehouse - New industrial space with 2,500 SF office, available Q1 2024.
    Where is this warehouse located?
    The property is located at 5050 Wesley Rd Apopka, FL.
    What are key features of this property?
    This property features: New construction built in 2023, estimated delivery in Q1 2024.; Large available space: **207,491 SF total building size.**; **36' clear height.**
    (908) 217-1556 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeffrey Grabowski
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!