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400 Rinehart Rd Lake Mary, FL 32746

OFF-MARKET Warehouses Google Maps
319,800 SF Built 1969
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 319,800-square-foot industrial property in Lake Mary, Seminole County, offers a range of flexible lease options for manufacturing, distribution, and warehouse needs. Currently, 120,000 square feet of space is immediately available, with a minimum divisible unit of 15,000 square feet and a maximum contiguous space of 120,000 square feet. The single-story building, constructed in 1969, features a 13.5-foot ceiling height and boasts a Class B rating. The property includes one loading dock with two dock-high doors, ample parking with outside storage and trailer parking, and customizable office space. The layout offers 30' x 30' column spacing, making it highly adaptable to various operational needs. Power is provided by a robust 3-phase system with dual 12.4 KV direct feeds from a substation, two 400-amp switchgears, and a transformer stepping down to 480V. The property is zoned M-1A (Light Manufacturing) in the City of Lake Mary, and the annual property taxes are $1.25 per square foot. This strategically located facility in the Orlando - North submarket provides excellent access to major transportation routes. The property is ideal for businesses seeking a versatile and well-equipped industrial space.

Property profile

Verified
Property type Warehouses
Year built 1969
Total area 319,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Distribution Center Logistics Company
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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