Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1789 Benbow Ct Apopka, FL 32703
    Back to Search
    Property profile & analytics

    1789 Benbow Ct Apopka, FL 32703

    View on Map
    • Warehouses
    • 11,463 SF
    • 1.18 lot acres
    Off-Market
    Last Sale Feb 14, 2024
    Property ID
    US18-2896624
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1789 Benbow Ct

    Year built
    1985
    Lot size
    1.18 lot acres
    Property size
    11,463 SF
    Zone code
    I-L
    Property type
    Warehouses
    APN
    24-21-28-5986-00-035
    APU
    242128598600035

    Description

    This exceptional Apopka, Florida warehouse property at 1789 Benbow Ct, zip code 32703, offers multiple tenancy options, perfect for businesses seeking flexible space solutions. The property is classified as industrial, specifically a warehouse, and provides units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 5,500 square feet. This makes it ideal for a variety of users, from small startups to established companies needing expansion. The location in Apopka offers convenient access to major transportation routes, making logistics and distribution efficient. The warehouse spaces are designed for functionality, catering to businesses in assembly, fabrication, warehousing, distribution, and business support services. Ample parking is available on-site, ensuring convenient access for employees and clients. The property is situated at 28.6516667 latitude and -81.4654792 longitude. This is a rare opportunity to secure warehouse space in a prime Apopka location, offering the flexibility and functionality needed for various business operations. Contact us today to learn more about available units and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,295,000
      6.5%
      $1,195,000
      7%
      $1,110,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $863,000
      Market price range: $601k - $2.33M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.4654
    Latitude
    28.6515
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,997
    $214,989
    $599,742
    $814,731
    -
    $214,989
    $599,742
    $814,731

    Comparable in this City

    • Value Estimation by Request
      280,437 SF

      2440 Peterson Rd

      Distribution properties • 280,437 SF
      2440 Peterson Rd, Apopka, FL 32703
      View Details
    • Value Estimation
      $775,000
      8,255 SF

      2205 Platinum Rd

      WAREHOUSE, STORAGE • 8,255 SF
      2205 Platinum Rd, Apopka, FL 32703-7740
      View Details
    • Value Estimation
      $3,060,000
      31,339 SF

      2994 Orange Ave

      WAREHOUSE, STORAGE • 31,339 SF
      2994 Orange Ave, Apopka, FL 32703-3317
      View Details
    • Value Estimation
      $2,165,000
      12,465 SF

      2934 Orange Blossom Trl

      WAREHOUSE, STORAGE • 12,465 SF
      2934 Orange Blossom Trl, Apopka, FL 32703
      View Details
    • Value Estimation by Request
      1,440 SF

      1414 Orange Blossom Trl

      STORAGE YARD, OPEN STORAGE • 1,440 SF
      1414 Orange Blossom Trl, Apopka, FL 32703-7608
      View Details
    • Value Estimation
      $2,695,000
      13,088 SF

      1821 Orange Blossom Trl

      WAREHOUSE, STORAGE • 13,088 SF
      1821 Orange Blossom Trl, Apopka, FL 32703-7729
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Apopka Industrial Property with Rail

      Industrial property with heavy zoning, rail access, and secured yard.
      2346 Vulcan Rd, Apopka, FL 32703
      View Details
    • Contact for pricing
      9,231 SF

      Apopka Mixed-Use Redevelopment Opportunity

      9,231 SF mixed-use property on 1.93 AC for sale.
      1655 E Semoran Blvd, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Industrial Property with Acreage

      Secured industrial property with office and warehouse space for sale.
      2346 Vulcan Rd, Apopka, FL 32703
      View Details
    • $1,300,000
      Pending

      Industrial FLEX Space in Apopka

      4000 SqFt industrial flex space with high-quality build-out.
      522 Live Pine Cir, Apopka, FL 32703
      View Details
    • $3,000,000
      432 SF

      Apopka Industrial Property & Business

      Dumpster Rental Business, 1.38 Acres
      2585 Jmt Industrial Dr, Apopka, FL 32703
      View Details
    • $3,100,000
      18,545 SF

      Apopka Industrial Property: Prime Location

      Large Industrial Building, Ample Parking, High Growth Area
      509 Park Ave, Apopka, FL 32703
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Apopka Flex Space Available

      Flex space available, approximately 1,519 square feet.
      550 Holts Lake Ct, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Ridge Logistics Development

      Master-planned logistics park with customizable space in Apopka, Florida.
      1315 Jack Junction Way, Apopka, FL 32703
      View Details
    • $30,000

      Industrial Land with Truck Parking

      12.27 acres with 9,000 SF warehouse, ideal for industrial operations.
      135 Hermit Smith Rd, Apopka, FL 32703
      View Details
    • Contact for pricing

      Apopka Warehouse Sublease Opportunity

      Class-A industrial park with flexible warehouse space for sublease.
      2440 Peterson Rd, Apopka, FL 32703
      View Details
    • $14 SF/Yr

      Apopka Warehouse and Office Space

      55,720± SF warehouse with office space for sale in Apopka.
      2502-2544 Jmt Industrial Dr, Apopka, FL 32703
      View Details
    • Contact for pricing
      17,350 SF

      Industrial Building For Lease

      17,350 SF industrial building available for lease.
      1220 Ocoee Apopka Rd, Apopka, FL 32703
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1789 Benbow Ct
    Apopka, FL 32703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1789 Benbow Ct, Apopka, FL, 32703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!