Technical
Financial
Distress signals
Property profile

1318 Spruce Ave 1345B Orlando, FL 32824

OFF-MARKET
Other warehouses
Property ID
US18-4638109
3,645 SF 0.08 ac lot Built 1985
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A warehouse property located in an industrial area of Orlando, Florida, with convenient access to Orlando International Airport and major highways including the Bee-Line Expressway (State Road 528), Florida Turnpike, Interstate 4, and State Road 417. The building has a total area of 5,885 square feet, consisting of 3,645 square feet on the ground floor and 2,240 square feet on the second floor. The warehouse space is fully air-conditioned and includes a lobby with an office on the ground floor. Access to the second floor is provided by stairs, where two additional offices are located. Loading and service access features include overhead doors, truck doors, and a loading dock.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 3,645 SF
Lot 0.08 ac (3,620 SF)
Zoning code IND-2/IND-
APN 36-23-29-6929-13-452
UPID US18-4638109

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
  • Car Dealership
  • Industrial Manufacturer Production Facility

Location

1318 Spruce Ave, Unit 1345B Orlando, FL 32824-7950
Orlando metro Census 16804 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2021
4 recorded transactions
2021
$700,000
2014
$375,000
2005
$420,000
2005
$210,000

Zoning & alternative use

IND-2/IND- · Orlando, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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