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    OFF-MARKET
    Warehouses

    3650-3735 Naseem Ln, Sanford, FL 32771

    37,800 SF 2.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: 786 Industrial Park, a 37,800 square foot warehouse portfolio in Sanford, Florida, is available for $6,000,000. This property boasts a 6.7% cap rate (as of June 1, 2024) and a 100% occupancy rate, generating a net operating income of $380,000. The park comprises ten individual condo buildings situated on a 2.33-acre lot, offering flexibility for buyers to either hold the entire portfolio or sell individual units. Each building features 18-foot clear ceiling heights, 14' x 12' grade-level overhead doors, and 3-phase, 400-amp electrical service. Constructed with metal buildings and roofs, the property is zoned GC-2, permitting commercial and light industrial uses. Strategically located directly across from Orlando Sanford International Airport, this prime location provides easy access to major roadways including SR 46, Lake Mary Boulevard, US Highway 17-92, SR 417 (GreeneWay), and I-4. The land value is $159 per square foot. This rare opportunity presents a strong return on investment in a rapidly growing area.

    Property profile
    Verified
    Property type Warehouses
    Total area 37,800 SF
    Lot 2.33 ac (101,495 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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