Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Distribution centers

    145 Ronning Way, Longwood, FL 32750

    1,800 SF 2.02 ac lot Built 2014
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-9938245
    Property summary
    AI-generated overview

    This exceptional Longwood, FL industrial investment property encompasses 22,774 square feet across five buildings situated on a generous 2.02-acre lot. The property currently generates substantial income from five separate tenants occupying the buildings. Two buildings, each measuring 3,000 square feet, command a monthly rental rate of $2,200 plus sales tax, while the remaining two 2,000-square-foot buildings rent for $1,500 per month plus sales tax. All units are individually metered, ensuring efficient utility management, with tenants responsible for their respective consumption. Currently, all tenants are on month-to-month leases, providing the new owner with significant flexibility. The existing rental rates offer immediate cash flow, with potential for increased revenue through lease renegotiations or by vacating tenants post-closing to allow for owner-occupancy. This presents a compelling opportunity for investors seeking a strong return on investment in a prime Longwood location. The property's size and configuration offer versatility for a variety of uses, making it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The substantial lot size also provides ample space for future expansion or development. This is a rare opportunity to acquire a well-performing industrial property with significant upside potential.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 2014
    Construction CONCRETE BLOCKS
    Total area 1,800 SF
    Lot 2.02 ac (87,948 SF)
    APN 06-21-30-300-0400-0000
    UPID US18-9938245
    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
    Current use
    Occupant on record · Public records
    • The Ronning Company Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    City Of Longwood · 4 yrs held
    City Of Longwood
    since 2022
    4 recorded transactions
    2022
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message