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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
Current use
Occupant on record · Public records
-
Medical Clinic
-
Arcade & Gaming Center Sports Field & Court
-
Gym & Fitness Center
-
Gym & Fitness Center Sports School
Location
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
since 2019
2 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.48M
Value range
$3.13M – $3.82M
±10% around blend
Estimated value / SF
$138 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
Income certainty
100
$3.13M
blend $3.48M
$3.82M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,200 SF
Lot area
3.47 ac
Year built
1974
Stories
2
APN
04-21-30-521-0000-0020
Assessed value
$1,767,444
Annual tax
$27,474
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$27,474
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.99M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.6 mi away · 25,000 SF
8.8 mi away · 21,088 SF
10.4 mi away · 18,641 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.48M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 22 sales
$233
-41%
County 200 sales
$183
-25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $138/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
2.98%
Selected cap rate for this distribution centers
Derived from the Winter Springs market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$146k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.91M
Move the market yield to see immediate price impact.
Value / SF
$195
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.48%2.98%3.48%
$132k
$5.31M
$4.42M
$3.78M
$146k
$5.90M
$4.91M
$4.20M
$161k
$6.49M
$5.40M
$4.62M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$2.96M
7.5 mi · Apr 2026 · $134/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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