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

    687 Harold Ave Winter Park, FL 32789

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction flex warehouse with customizable office space for rent.

    Property Features for 687 Harold Ave

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Scott Taylor
    Scott Taylor
    Source: Crexi

    Listing Agency: Florida Premier Realty Group Inc Listing Agent: Scott Taylor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Construction Flex Warehouse Space

    This new construction flex warehouse space features a 16-foot ceiling height and 14’x14’ roll-up doors. The property is suitable for commercial real estate, industrial, and warehouse use. Office spaces can be designed and built to suit a new tenant's specific requirements.
    Location Intelligence

    Current Use by Public Records

    Makeur Construction Company The Wood Shop Of Winter ... General Contractor Makeur Construction Construction Company

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Similar Places Nearby

    Ask 4 Tacos Catering, Xoxo Charcuterie, Moe's Catering of Central Florida, Gourmet Crepes Cafe & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.372106
    Latitude
    28.590234

    Nearby Similar for Lease

    • $8,500 /Mo
      23,056 SF

      Winter Park Mixed-Use Opportunity

      Double commercial lot in Winter Park, FL, for lease.
      5589 Lake Howell Rd, Winter Park, FL 32792
      View Details
    • New
      $14,177 /Mo
      184,510 SF

      Winter Park Assembly Building For Lease

      Sectioned portion of Calvary Church Orlando available for lease.
      1199 Clay St, Winter Park, FL 32789
      View Details
    • Sponsored
      Contact for pricing

      FL, Winter Park - N Orlando Ave

      Workspaces, services and support to help you grow your business in FL, Winter Park - N Orlando Ave
      480 Orlando Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Heritage Park

      Discover many ways to work your way in Heritage Park
      941 Morse Blvd, Winter Park, FL 32789
      View Details
    • New
      $30 SF/Yr

      Central Florida Breast Center

      Outstanding opportunity for group practices, ASC and or diagnostic facility
      2200 Glenwood Dr, Winter Park, FL 32792
      View Details
    • $42,000

      Versatile Flex Space with Industrial Zoning

      Office space ideal for contractors and service-based businesses.
      3029 Forsyth Rd, Winter Park, FL 32792
      View Details
    • Contact for pricing

      Medical Office Space Near Hospital

      Class A medical office building near AdventHealth Winter Park Hospital.
      1871 Aloma Ave, Winter Park, FL 32789
      View Details
    • $42,000

      Winter Park Office Space Available

      Office space for rent in prime Winter Park location.
      663 Harold Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Medical Office Build-to-Suit Opportunity

      New Class A medical office space for lease in Winter Park.
      1691 Lee Rd, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Winter Park Freestanding Building

      Single-tenant building in Winter Park near Winter Park Village.
      347 N Orlando Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Park Avenue Medspa Opportunity

      Former medspa space on historic Park Avenue in Winter Park.
      132 N Park Ave, Winter Park, FL 32789
      View Details
    • $22 SF/Yr

      Medical Office Space Available

      First-floor medical suite in Winter Park Medical Building for rent.
      1400 S Orlando Ave, Winter Park, FL 32789
      View Details

    FAQs

    What type of property is this?
    Flex space - New construction flex warehouse with customizable office space for rent.
    Where is this flex space located?
    The property is located at 687 Harold Ave Winter Park, FL.
    What are key features of this property?
    This property features: - New construction grade level flex warehouse.; - Benefit from 16’ ceiling height.; - Equipped with 14’x14’ roll up doors.
    (407) 925-2526
    Request Owner's contact information
    687 Harold Ave Winter Park, FL 32789
    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.
    687 Harold Ave
    Winter Park, FL 32789
    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
    687 Harold Ave Winter Park, FL 32789
    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

    We can help!
    Listing Contact
    Scott Taylor
    Scott Taylor
    Real Estate License ID: BK674590
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!