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Property profile & analytics
FOR SALE
Distribution centers
1085 Belle Ave Winter Springs, FL 32708
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5152321
For Sale
1 / 9
$4,900,000
1085 Belle Ave, Winter Springs, FL 32708
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1974
Construction
CONCRETE
Total area
25,200 SF
Lot
3.47 ac (151,023 SF)
APN
04-21-30-521-0000-0020
UPID
US18-5152321
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.48M
Owner & transaction history
Auer Ents LLC · 7 yrs held
Auer Ents LLC
since 2019
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winter Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,600,000
Change: -5% · Conversion: Moderate
RETAIL STORES
$4,790,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,474
Tax year 2023
Assessed value
$1,767,444
Assessed 2023
Previous assessed
$1,620,119
+9.1% YoY
Effective rate
1.55%
On assessed value
Land market value
$960,159
Improvement market value
$807,285
Total market value
$1,767,444
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
4
Total area
25,200 SF
Lot
3.47 ac (151,023 SF)
APN
04-21-30-521-0000-0020
UPID
US18-5152321
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
RETAIL STORES
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
4
Lot
3.47 ac
Current owner
From public records · entity-resolved
Auer Ents LLC
Entity
Mailing address
590 DUNMAR CIR, WINTER SPGS, FL 32708-3914
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2019
$100
Auer Ents LLC
Auerbach Leita C Trust
Grant Deed
—
—
—
Auerbach,tr
—
Deed Of Trust
related
$300,000 · First National Bank Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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