603 Central Florida Pkwy Orlando, FL 32824
- Warehouses
- 60,870 SF
- 4.85 lot acres
Current Use by Public Records
- Systems Services & Warehousing / Storage Facility
- Conserv-A-Store Inc / E-Commerce Service / Green Energy Supplier
- Aviles Mattress / Manufacturer
- Damp Check / Home Goods Store / Pest Control Service
Property Details for 603 Central Florida Pkwy
- Year built
- 1980
- Lot size
- 4.85 lot acres
- Property size
- 60,870 SF
- Zone code
- IND-4
- Property type
- Warehouses
- APN
- 11-24-29-7268-01-200
- APU
- 112429726801200
Description
This exceptional industrial property, located at 603 Central Florida Parkway in Orange County, offers a total of 60,000 square feet of warehouse space. Currently, there are three available units ranging in size from 5,000 to 20,000 square feet, providing flexibility for various business needs. The property sits on a generous 1.5 acres of land, including ample laydown yard space. The building is equipped with four dock-high doors for efficient loading and unloading, and benefits from 3-phase power. The Ind-4 zoning designation in Orange County allows for a wide range of uses, including outdoor storage, contractor's offices, and vehicle sales or repair, making this a versatile option for a variety of businesses. This prime location offers significant potential for growth and expansion. The property's size and zoning flexibility make it an ideal choice for companies seeking a substantial warehouse space with outdoor storage capabilities. The multiple unit availability allows for expansion or the possibility of leasing individual units to multiple tenants. The combination of ample space, convenient features, and flexible zoning makes this an attractive opportunity in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,180,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,365,000
- 6.5%
- $5,505,000
- 7%
- $6,405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,340,000
- Geo Method
- $6,320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,610,000
- Retail
- $5,630,000
- Mixed-Use
- $6,095,000
- Hospitality
- $5,120,000
- Educational
- $6,790,000
- Residential Income
- $5,720,000
- Energy
- $6,605,000
- Income-Based Land
- $6,625,000
- Food Service
- $6,395,000
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3838
- Latitude
- 28.4086
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA