Winter Springs Industrial Property For
For Sale
Contact for pricing
1085 Belle Ave, Winter Springs, FL 32708
26,182 square foot industrial property available for purchase.
Property Size26,182 SF
Price / SF$187.15
Days on Market996
Property Features for 1085 Belle Ave
General Information
Standard status
Active
Size
26,182 SF
Property subtype
Industrial
Zoning
Commercial General
Occupancy
100%
Lease Type
NNN
Net Operating Income
$236,370
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Orlando, Florida
Listed By:
Sam King · License #FL3406051
(407) 949-0898
Source:
Crexi
Added: Jan 27, 2024
Changed: Oct 11
Last Checked: Oct 19 at 4:27AM
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 Cushman & Wakefield - Orlando, Florida
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Investment Insights
Based on property information with market context.
This industrial property, available for sale, offers a total area of 26,182 square feet. It is located in Winter Springs, Florida.
Key Highlights
- No property information was provided to analyze.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,259
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,925,180
$2.9M
Cap Rate 7%
$2,089,414
$2.1M
Cap Rate 9%
$1,625,100
$1.6M
Market Conditions
NOI Build-Up for 26,182 SF
Gross rent
$229.4K $8.76/SF
− Vacancy
−$20.4K −$0.78/SF
EGI
$208.9K $7.98/SF
− OpEx
−$62.7K −$2.39/SF
NOI
$146.3K $5.59/SF
Area
Seminole County, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,925,180
Cap Rate 7%
$2,089,414
Cap Rate 9%
$1,625,100
Alternative Uses
Best Use
Industrial
$2.09M
$1.83M – $2.44M
NOI $146,259 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.45M
$6.52M – $8.69M
NOI $521,545 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
Demographics for 32708, FL
47,045
Population
20,348
Households
2.3
Avg Household Size
41
Median Age
47%
College-Educated
96%
High-School Grad
18.5 sq mi
ZIP Area
2,543
Density / Sq Mi
$87,889
Median Household Income
$50,361
Median Earnings
$1,782
Median Rent
$352,600
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 South region
Frequently Asked Questions
What type of property is this?
Industrial property - 26,182 square foot industrial property available for purchase.
Where is this industrial property located?
The property is located at 1085 Belle Ave Winter Springs, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: No property information was provided to analyze.
