1085 Belle Ave Casselberry, FL 32708
- Distribution centers
- 25,200 SF
- 3.47 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 1085 Belle Ave
- Year built
- 1974
- Construction
- CONCRETE
- Lot size
- 3.47 lot acres
- Property size
- 25,200 SF
- Property type
- Distribution centers
- APN
- 04-21-30-521-0000-0020
- APU
- 4213052100000020
Description
This exceptional investment opportunity presents a 26,182-square-foot warehouse located at 1085 Belle Ave, Winter Springs, FL 32708, in Seminole County. The property boasts a strong financial profile, featuring a Net Operating Income (NOI) of $236,370 upon lease renewal. Currently occupied under a single-tenant, NNN lease expiring April 30, 2029 (5-year remaining term), the lease includes 3% annual escalations. The warehouse itself is a 20' ceiling height metal building with 12 loading docks and is fully insulated, further enhanced by multiple large industrial fans. Situated on a 3.47-acre lot with Commercial General zoning, this property offers significant upside potential upon lease expiration. An additional 5 acres of contiguous land are also available for acquisition. The APN is 04-21-30-521-0000-0020. The asking price for this prime industrial asset is $4,900,000. This is a rare opportunity to acquire a well-located, high-performing warehouse with a strong tenant and significant future growth potential. A personal guarantee is in place.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winter Springs
- County
- Seminole
- State
- Florida
- Longitude
- -81.3141
- Latitude
- 28.6938
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
