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Altamonte Springs Industrial/Office Opportunity

927 Fern Street Altamonte Springs, FL 32701

927 Fern Street, Altamonte Springs, FL, 32701
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106,178 SF industrial/office facility in a prime location.

Property Size106,178 SF
Price / SF$89.47
AddedMay 14
Days on Market63
Last RefreshJul 5 at 1:19 pm

Property Features for 927 Fern Street

General Information

Standard status
Active
Size
106,178 SF
Property subtype
Office, Industrial

Listing office Lee & Associates - Orlando

Listing date May 14, 2026

Source Crexi

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 106,178 SF industrial/office facility is located at 927 Fern St., Altamonte Springs, FL 32701, in the heart of one of Seminole County’s most established commercial corridors. The property has excellent access to major thoroughfares, including S.R. 436, I-4, and S.R. 434, providing regional connectivity for logistics, office operations, and service-based users. It is offered as an owner user or heavy value-add / opportunistic investment. The asset represents a chance to acquire a sizable, functional building in the Altamonte Springs submarket. With current occupancy at approximately 46%, the project delivers immediate upside potential through thoughtful lease-up, repositioning, or redevelopment strategies tailored to the submarket’s strong tenant demand. This offering presents users and investors with the opportunity to secure a considerable, versatile asset at an attractive price point in one of Central Florida’s most resilient and high performing suburban markets.

Key Highlights

  • ±106,178 SF industrial/office facility in Altamonte Springs, FL
  • Excellent access to S.R. 436, I‑4, and S.R. 434
  • Offered as an owner user or value‑add investment opportunity

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $930.1k $8.76
− Vacancy −$82.8k −$0.78
EGI $847.3k $7.98
− OpEx −$127.1k −$1.20
NOI $720.2k $6.78
106,178 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$10.29M
$9.00M – $12.00M (±1% cap)
NOI $720,238 @ 7.0% cap · market cap 7.58%
Second Best
Industrial
$8.47M
$7.41M – $9.89M (±1% cap)
NOI $593,137 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$30.22M
$26.44M – $35.25M (±1% cap)
NOI $2,115,066 @ 7.0% cap · market cap 22.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Stashed Designer Services Storage Facility Ameridebt Solutions Financial Advisor A New Thing Ministries Church Amk Dental Lab Dental Office My Vape Distro Big Box & Wholesale Store

Suggested Use

Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Locksmith Bakery (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Acupuncture

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

Similar Off Market Nearby

  • Firehouse Subs Altamonte Springs — 600 E Altamonte Dr Ste 105, Altamonte Springs, FL 32701
  • Mr. And Mrs. Pickle — 410 North St #106, Longwood, FL 32750
  • CHARMAIN MARTIN MEALS — 706 Brentwood Ave, Altamonte Springs, FL 32701

FAQs

What type of property is this?
Flex space - 106,178 SF industrial/office facility in a prime location.
Where is this flex space located?
The property is located at 927 Fern Street Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: ±106,178 SF industrial/office facility in Altamonte Springs, FL; Excellent access to S.R. 436, I‑4, and S.R. 434; Offered as an owner user or value‑add investment opportunity
Contact an agent
(321) 281-8512 Call to check price and availability
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