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Property profile & analytics
FOR LEASE
Manufacturing properties

224 W Central Pkwy Altamonte Springs, FL 32714

30,000 SF 2.19 ac lot Built 1986
Individually Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0861219
Property summary
AI-generated overview

This exceptional 2,500 square foot flex space unit is ideally situated at 224 W Central Pkwy in Altamonte Springs, Florida, within the Sanlando Commerce Center. Located in Seminole County (zip code 32714), this multi-tenant industrial property offers immediate occupancy for a discerning business. The unit provides a versatile blend of office and warehouse space, perfect for a variety of operational needs. The property's convenient location offers easy access to major transportation routes, ensuring seamless logistics and efficient commutes for employees and clients. The estimated operating expenses for 2024 are competitively priced at $4.00 per square foot, representing a significant value proposition for prospective tenants. This presents a rare opportunity to secure a high-quality, well-located flex space unit at an attractive price point. The property is ready for immediate move-in, allowing businesses to quickly establish their operations and capitalize on the thriving Altamonte Springs market. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is classified as a flex space within the industrial property type.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Construction TILT-UP CONCRETE
Total area 30,000 SF
Lot 2.19 ac (95,614 SF)
APN 11-21-29-300-007G-0000
UPID US18-0861219
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
  • Edward Williams LMT Alternative Medicine Practice Spa & Massage Center
  • Colamco Electronics & Wireless Store
  • True Fit Fuel Gas Station
  • The Unwinding Tree Alternative Medicine Practice Spa & Massage Center
  • Fitness Xperts Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.04M
Blend (final) Blend
$3.04M
Owner & transaction history
Sanlando Commerce Center · 23 yrs held
Sanlando Commerce Center
since 2003
2 recorded transactions
2003
Price N/A
1999
$3.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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