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

    311 Altamonte Commerce Blvd Altamonte Springs, FL 32714

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

    Modern Warehouse, 1,600 SF Available

    Lot size:
    17,600 SF

    Property Features for 311 Altamonte Commerce Blvd

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,600 SF
    Total Rate
    24126.67

    Spaces For Lease

    at 311 Altamonte Commerce Blvd, Altamonte Springs, FL 32714 Contact us
    Unit Suite 1620

    $16 /Mo

    Size
    1,600 SF
    Contact us

    We can help!

    Listing Contact
    Ryan Griffith
    Ryan Griffith

    Listing Agent: Ryan Griffith

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

    Learn more

    Overview

    This exceptional industrial property, located at 311 Altamonte Commerce Blvd in Altamonte Springs, Florida (zip code 32714), offers a prime warehouse space for lease. The building, known as the Altamonte Commerce Center, is a multi-tenant facility totaling 17,600 square feet. This particular unit comprises 1,600 square feet of well-maintained space, ideal for small businesses needing efficient warehouse and distribution capabilities. The unit features a convenient grade-level loading dock, eliminating the need for ramps or loading docks, and boasts a generous 17-foot ceiling height, maximizing storage and operational efficiency. The property is situated in Seminole County and benefits from easy access to major transportation routes, making it an excellent location for businesses needing seamless logistics. The professional ownership ensures a well-maintained and secure environment for tenants. This is a rare opportunity to secure a modern, functional warehouse space in a desirable location. Contact us today to schedule a viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Primeline Products Inc Plumbing Service DV Power Inc. Association / Organization BLC Telecom Telecommunications Service EcoWise Pest Control Garden Center EDL Glazing General Contractor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.3939156
    Latitude
    28.6741146

    Nearby Similar for Lease

    • $3,336 /Mo
      1,764 SF

      Altamonte Springs Office Suite Available

      Spacious first-floor office suite in Altamonte Springs, Florida.
      377 Maitland Ave, Altamonte Springs, FL 32701
      View Details
    • $4,500 /Mo
      3,448 SF

      Altamonte Springs Medical Suite Available

      Professional commercial space ideal for medical or administrative uses.
      220 N Westmonte Dr, Altamonte Springs, FL 32714
      View Details
    • $5,500 /Mo
      4,065 SF

      Spacious Commercial Unit in Altamonte

      Versatile 4,065 SF unit ideal for office or medical use.
      220 N Westmonte Dr, Altamonte Springs, FL 32714
      View Details
    • $1,800 /Mo
      760 SF

      Retail Space in Altamonte Springs

      Retail space in high-traffic location suitable for various businesses.
      1006 E Altamonte Dr, Altamonte Springs, FL 32701
      View Details
    • New
      $16 SF/Yr
      13,300 SF

      Altamonte Springs Retail/Office/Industrial Space

      Versatile space suitable for office, retail, or light industrial use.
      124 Robin Rd, Altamonte Springs, FL 32701
      View Details
    • $4,742 /Mo
      15,520 SF

      Altamonte Springs Penthouse Office Suite

      Furnished penthouse office suite in Altamonte Springs, Florida for rent.
      234 N Westmonte Dr, Altamonte Springs, FL 32714
      View Details
    • Sponsored
      Contact for pricing

      FL, Altamonte Springs - Westmonte Dr

      Discover many ways to work your way in Richardson Telecom
      235 Floors, Altamonte Springs, FL 32714
      View Details
    • Contact for pricing

      FL, Altamonte Springs - Osceola Street

      Discover many ways to work your way in Brookfield Square
      452 Osceola St, Altamonte Springs, FL 32701
      View Details
    • Contact for pricing

      Functional Office/Warehouse Space Available

      Office/warehouse space in a premier, growing Orlando submarket.
      620 Douglas Ave, Altamonte Springs, FL 32714
      View Details
    • $15 SF/Yr

      Functional Office/Warehouse Space Available

      Office and warehouse space in a premier Orlando submarket.
      658 Douglas Ave, Altamonte Springs, FL 32714
      View Details
    • $22 SF/Yr
      3,915 SF

      Altamonte Springs Office/Warehouse Space

      Office and warehouse space available for lease in Altamonte Springs.
      474 Northlake Blvd, Altamonte Springs, FL 32701
      View Details

    FAQs

    What type of property is this?
    Distribution center - Modern Warehouse, 1,600 SF Available
    Where is this distribution center located?
    The property is located at 311 Altamonte Commerce Blvd Altamonte Springs, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    (321) 281-8512 Call to check price and availability
    Request Owner's contact information
    311 Altamonte Commerce Blvd Altamonte Springs, FL 32714
    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.
    311 Altamonte Commerce Blvd
    Altamonte Springs, FL 32714
    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
    311 Altamonte Commerce Blvd Altamonte Springs, FL 32714
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ryan Griffith
    Ryan Griffith
    Real Estate License ID: #SL3477466
    (321) 281-8512 (908) 208-4774 (321) 281-8500
    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!