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Property profile & analytics
FOR LEASE
Warehouses

1408 Hamlin Ave Saint Cloud, FL 34771

20,820 SF 1.43 ac lot Built 2007
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-2990876
Property summary
AI-generated overview

This exceptional St. Cloud, Florida industrial flex space offers 50,900 square feet across three buildings, totaling 25 available suites. Located at 1408 Hamlin Ave, 1424 Hamlin Ave, and 2013 Murcott Dr., this property boasts a prime location within 10-15 miles of major theme parks and attractions, including Disney World and Sea World. Easy access to US 192, Narcoossee Road, Orlando International Airport, and the Florida Turnpike ensures excellent connectivity. Built in 2004-2007, the property features 16-foot clear height ceilings, 12'x14' covered grade-level front loading access, and glass storefront access. Suite sizes range from 1,500 to 1,590 square feet, with 200+ square feet of office space and warehouse space extending 60 feet deep. Three units offer 100% HVAC climate control. The property sits on 3.72 acres and is zoned for Industrial Park District use. Building 1 (1408 Hamlin Ave) comprises 19,100 square feet with seven bays ranging from 1,500 to 3,000 square feet. Building 2 (1424 Hamlin Ave) offers 15,900 square feet with ten 1,500 square foot bays. Building 3 (2013 Murcott Dr.) features 15,900 square feet with ten bays ranging from 1,590 to 3,180 square feet, including some 100% air-conditioned units. The property is constructed of block and offers a high-traffic location. Units are available starting at $15.00 NNN with $4.00 OPEX. Osceola County location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Total area 20,820 SF
Lot 1.43 ac (62,291 SF)
Zoning code SI3
APN 72631060500010060
UPID US18-2990876
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
$6.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.64M
Owner & transaction history
1408 Industrial Partners LLC · 2 yrs held
1408 Industrial Partners LLC
since 2023
Last sale
$7.1M
7 recorded transactions
2023
$7.1M
2013
$1.5M
2012
Price N/A
2005
$157,300
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SI3 · Saint Cloud, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $7.1M +90.6%
Neighborhood: shopping center $6.0M +61.0%
Industrial (general) $5.4M +45.0%
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