Dock-High Warehouse with Multiple
For Sale
Contact for pricing
841 Drive Buick Ave, Orlando, FL 32808
Dock-high warehouse on 3.46 acres, zoned I-P, with loading flexibility for distribution, logistics, or manufacturing uses.
Property Size42,400 SF
Lot Size3.46 Acres
Price / SF$162.74
Days on Market442
Property Features for 841 Drive Buick Ave
General Information
Standard status
Active
Size
42,400 SF
Lot size
3.46 Acres
Property subtype
INDUSTRIAL
Zoning
I-P
Warehouse & Industrial
Dock-High Doors
7
Drive-In Doors
3
Building Details
Buildings
1
Building Size
42,400 SF
Listing Agency:
Lee & Associates | Orlando
(321) 281-8500
Listed By:
Ryan Griffith · License ##SL3477466
(908) 208-4774
Source:
Moodyscre
Added: Jun 30, 2025
Changed: Sep 3
Last Checked: Sep 14 at 10:46AM
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 Lee & Associates | Orlando
Investment Insights
Based on property information with market context.
This dock-high warehouse totals 42,400 SF on 3.46 acres and is available for sale. Zoned I-P, the facility supports a range of commercial and industrial uses, making it suitable for distribution, logistics, or manufacturing operations.
The building is designed for shipping and receiving, with seven (7) dock-high doors plus three (3) grade-level doors to support varied loading needs. The layout includes ample space for truck maneuverability and on-site parking, helping operations run efficiently for high-capacity warehousing, storage, or production requirements.
Located at 841 Drive Buick Ave in Orlando, FL 32808, the property offers a practical combination of yard/drive space and multiple door types for tenants seeking an industrial facility built around loading performance.
The building is designed for shipping and receiving, with seven (7) dock-high doors plus three (3) grade-level doors to support varied loading needs. The layout includes ample space for truck maneuverability and on-site parking, helping operations run efficiently for high-capacity warehousing, storage, or production requirements.
Located at 841 Drive Buick Ave in Orlando, FL 32808, the property offers a practical combination of yard/drive space and multiple door types for tenants seeking an industrial facility built around loading performance.
Key Highlights
- 42,400 SF dock‑high warehouse on 3.46 acres
- Zoned I‑P for a wide range of commercial and industrial uses
- Seven (7) dock‑high doors for loading and unloading
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
$287,612
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
4.17%
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%
$5,752,240
$5.8M
Cap Rate 7%
$4,108,743
$4.1M
Cap Rate 9%
$3,195,689
$3.2M
Market Conditions
NOI Build-Up for 42,400 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
$371.4K $8.76/SF
− Vacancy
−$33.1K −$0.78/SF
EGI
$338.4K $7.98/SF
− OpEx
−$50.8K −$1.20/SF
NOI
$287.6K $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%
$5,752,240
Cap Rate 7%
$4,108,743
Cap Rate 9%
$3,195,689
Alternative Uses
Best Use
Warehouse
$4.11M
$3.60M – $4.79M
NOI $287,612 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$3.38M
$2.96M – $3.95M
NOI $236,857 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$13.66M
$11.95M – $15.93M
NOI $956,096 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
7
Dock-high doors
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32808, FL
52,551
Population
21,291
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
78%
High-School Grad
11.9 sq mi
ZIP Area
4,416
Density / Sq Mi
$47,575
Median Household Income
$31,180
Median Earnings
$1,375
Median Rent
$218,600
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Dock-high warehouse on 3.46 acres, zoned I-P, with loading flexibility for distribution, logistics, or manufacturing uses.
Where is this warehouse located?
The property is located at 841 Drive Buick Ave Orlando, FL.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 42,400 SF dock‑high warehouse on 3.46 acres; Zoned I‑P for a wide range of commercial and industrial uses; Seven (7) dock‑high doors for loading and unloading
