Industrial Warehouse with Auto
For Sale
$555,000
831 Robinson Ave, Apopka, FL 32703
Vacant industrial warehouse with office/shop area, fenced security, and multiple bay doors for auto-focused operations.
Property Size3,640 SF
Lot Size0.22 Acres
Price / SF$152.47
Days on Market49
Property Features for 831 Robinson Ave
General Information
Standard status
Active
Size
3,640 SF
Lot size
0.22 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
2
Service Bays
3
Building Details
Building Size
3,640 SF
Year Built
1992
Listing Agency:
(727) 483-2790
Listed By:
Gabriel Lozada · License #FL #SL3524513
Source:
7s
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 6:00AM
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 Gabriel Lozada
Investment Insights
Based on property information with market context.
This vacant industrial warehouse property includes a main warehouse and an additional smaller warehouse area, configured to support auto body and related shop uses. The space features three bays in the main warehouse, with potential for another bay in the second smaller area. A combined office/sales component is included for customer or administrative needs, along with two bay doors for vehicle access.
The property sits on a fenced lot with a security system in place. It is located in the South Apopka area near I-4, with an approximately 20-minute drive to Downtown Orlando, supporting convenient regional access for an owner-user or an investor.
For auto body shops, repair service providers, or other industrial tenants seeking ready-built bay functionality, this layout offers direct vehicle workflow through the existing bay doors and shop-oriented configuration. The inclusion of office/sales space and a secure, fully fenced site can help streamline day-to-day operations while maintaining controlled access for staff, vehicles, and materials.
The property sits on a fenced lot with a security system in place. It is located in the South Apopka area near I-4, with an approximately 20-minute drive to Downtown Orlando, supporting convenient regional access for an owner-user or an investor.
For auto body shops, repair service providers, or other industrial tenants seeking ready-built bay functionality, this layout offers direct vehicle workflow through the existing bay doors and shop-oriented configuration. The inclusion of office/sales space and a secure, fully fenced site can help streamline day-to-day operations while maintaining controlled access for staff, vehicles, and materials.
Key Highlights
- Vacant industrial warehouse built in 1992 on 0.22± acres
- 3640± SF warehouse with 3231± SF warehouse & shop area plus 180± SF office/sales space
- Configured for auto body shop use with 3 bays in the main warehouse and potential for an additional bay
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
$24,691
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
4.45%
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%
$493,820
$493.8K
Cap Rate 7%
$352,729
$352.7K
Cap Rate 9%
$274,344
$274.3K
Market Conditions
NOI Build-Up for 3,640 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
$31.9K $8.76/SF
− Vacancy
−$2.8K −$0.78/SF
EGI
$29.0K $7.98/SF
− OpEx
−$4.4K −$1.20/SF
NOI
$24.7K $6.78/SF
Area
Orange County, 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%
$493,820
Cap Rate 7%
$352,729
Cap Rate 9%
$274,344
Alternative Uses
Best Use
Retail
$1.02M
$893.5K – $1.19M
NOI $71,478 @ 7.0% cap · market cap 12.88%
Second Best
Warehouse
$352.7K
$308.6K – $411.5K
NOI $24,691 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.04M
$906.4K – $1.21M
NOI $72,509 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
3
Service bays
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32703, FL
54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 108 W Main St, Apopka, FL 32703
- B J's Towing Service — 670 Mason Ave, Apopka, FL 32703
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant industrial warehouse with office/shop area, fenced security, and multiple bay doors for auto-focused operations.
Where is this warehouse located?
The property is located at 831 Robinson Ave Apopka, FL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Vacant industrial warehouse built in 1992 on 0.22± acres; 3640± SF warehouse with 3231± SF warehouse & shop area plus 180± SF office/sales space; Configured for auto body shop use with 3 bays in the main warehouse and potential for an additional bay
