Altamonte Springs Industrial/Office
927 Fern Street Altamonte Springs, FL 32701
For Sale
Contact for pricing
106,178 SF industrial/office facility in a prime location.
Property Size106,178 SF
Price / SF$89.47
Days on Market75
Property Features for 927 Fern Street
General Information
- Standard status
- Active
- Size
- 106,178 SF
- Property subtype
- Office, Industrial
Listing Agency:
Lee & Associates - Orlando
(321) 281-8512
Listed By:
Brock Holston · License #SL3512193
Source:
Crexi
Added: May 14
Changed: Jul 10
Last Checked: Jul 26 at 3:37AM
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
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
NOI $720,238 @ 7.0% cap · market cap 7.58%
Second Best
Industrial
$8.47M
$7.41M – $9.89M
NOI $593,137 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$30.22M
$26.44M – $35.25M
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
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
