Showroom Warehouse with
For Sale
Contact for pricing
12800 W Colonial Dr, Winter Garden, FL 34787
24,145± SF showroom and warehouse with 4,145± SF office/retail/showroom space and a fully sprinklered warehouse.
Property Size24,145 SF
Lot Size2.21 Acres
Price / SF$244.36
Days on Market282
Property Features for 12800 W Colonial Dr
General Information
Standard status
Active
Size
24,145 SF
Lot size
2.21 Acres
Property subtype
INDUSTRIAL
Zoning
I-1
Warehouse & Industrial
Clear Height
20 ft
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Road Access
Yes
Listing Agency:
NAI Realvest | Orlando
(407) 875-9989
Listed By:
Kevin O'Connor · License #BK3245403
(407) 949-0736
Source:
Moodyscre
Added: Dec 2, 2025
Changed: Sep 8
Last Checked: Sep 10 at 11:38AM
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 NAI Realvest | Orlando
Investment Insights
Based on property information with market context.
This showroom/warehouse property offers 24,145± SF total building area, including 4,145± SF of office/retail/showroom space and approximately 20,000± SF of warehouse area. The warehouse includes a 14' x 22' roll-up door and offers an 18'–20' clear height. The building is fully sprinklered and features 3-phase power.
The property has frontage on West Colonial Drive and is zoned I-1 within the City of Winter Garden. The site totals 2.21± acres, with 0.75 acres listed as lease optional.
Additional uses are described in the listing as manufacturing, R&D/mini storage. The onsite office/retail/showroom area and warehouse layout support flexible on-site operations under the I-1 zoning designation.
The property has frontage on West Colonial Drive and is zoned I-1 within the City of Winter Garden. The site totals 2.21± acres, with 0.75 acres listed as lease optional.
Additional uses are described in the listing as manufacturing, R&D/mini storage. The onsite office/retail/showroom area and warehouse layout support flexible on-site operations under the I-1 zoning designation.
Key Highlights
- 24,145± SF showroom/warehouse with 4,145± SF office/retail/showroom space
- 20,000± SF warehouse with 18'-20' clear height and a 14' x 22' roll‑up door
- Fully sprinklered warehouse plus 3‑phase power
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
$360,726
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
6.11%
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%
$7,214,520
$7.2M
Cap Rate 7%
$5,153,229
$5.2M
Cap Rate 9%
$4,008,067
$4.0M
Market Conditions
NOI Build-Up for 24,145 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
$579.5K $24.00/SF
− Vacancy
−$98.5K −$4.08/SF
EGI
$481.0K $19.92/SF
− OpEx
−$120.2K −$4.98/SF
NOI
$360.7K $14.94/SF
Area
Orange County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
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%
$7,214,520
Cap Rate 7%
$5,153,229
Cap Rate 9%
$4,008,067
Alternative Uses
Best Use
Office B
$5.15M
$4.51M – $6.01M
NOI $360,726 @ 7.0% cap · market cap 6.11%
Second Best
Warehouse
$2.34M
$2.05M – $2.73M
NOI $163,783 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$6.87M
$6.01M – $8.02M
NOI $480,968 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
20 ft
Clear height
Yes
Heavy power
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34787, FL
88,636
Population
33,141
Households
2.7
Avg Household Size
36
Median Age
49%
College-Educated
94%
High-School Grad
67.3 sq mi
ZIP Area
1,317
Density / Sq Mi
$114,988
Median Household Income
$53,995
Median Earnings
$1,994
Median Rent
$475,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - 24,145± SF showroom and warehouse with 4,145± SF office/retail/showroom space and a fully sprinklered warehouse.
Where is this flex space located?
The property is located at 12800 W Colonial Dr Winter Garden, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 24,145± SF showroom/warehouse with 4,145± SF office/retail/showroom space; 20,000± SF warehouse with 18'-20' clear height and a 14' x 22' roll‑up door; Fully sprinklered warehouse plus 3‑phase power
