Entity Owned 
For Sale
1 / 3
$6,374,807
2324 Vulcan Rd, Apopka, FL 32703
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Property summary
AI-generated overview
This exceptional 20-acre industrial property, located at 2324 Vulcan Rd, Apopka, FL 32703, presents a significant opportunity for businesses requiring substantial outdoor storage. Zoned IND-4, this expansive lot offers ample space for equipment and materials storage. The property's strategic location in West Orange County provides easy access to major transportation arteries, including US Highway 441 and SR-414 (Maitland Exchange), ensuring seamless connectivity to Orlando and surrounding areas. While the listing mentions a 10,606 square-foot building, the primary focus is the substantial 20-acre lot ideal for outdoor storage operations. The asking price for this remarkable property is $8,300,000. This presents a rare chance to acquire a large, strategically located industrial parcel in a thriving area. The property's zoning and location make it suitable for various industrial uses, from manufacturing and distribution to other related sectors. The convenient access to major roadways significantly reduces transportation costs and time, enhancing operational efficiency. This is an unparalleled opportunity to secure a substantial industrial land holding in a high-demand location. Don't miss this chance to acquire a property that can significantly benefit your business operations.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Total area
11,182 SF
Lot
23.94 ac (1,042,826 SF)
Zoning code
IND-4
APN
25-21-28-0000-00-022
UPID
US18-3240344
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.33M
Owner & transaction history
since 2026
1 recorded transaction
Zoning & alternative use
IND-4 · Apopka, FL
Top alternative use upside
Auto repair, garage
$3.8M
+29.7%
Office building
$3.6M
+23.2%
Retail stores
$3.0M
+2.8%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.33M
Value range
$2.09M – $2.56M
±10% around blend
Estimated value / SF
$208 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$2.09M
blend $2.33M
$2.56M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,182 SF
Lot area
23.94 ac
Year built
1984
Stories
1
APN
25-21-28-0000-00-022
Zoning
IND-4
Assessed value
$2,513,823
Annual tax
$26,131
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$26,131
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.41M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.1 mi away · 10,080 SF
4.7 mi away · 11,111 SF
6.7 mi away · 9,864 SF
9.6 mi away · 13,720 SF
9.9 mi away · 8,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.33M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 72 sales
$259
-20%
Submarket 111 sales
$194
+7%
County 557 sales
$204
+2%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $208/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+30%
vs current-use indication
Office Building
Retail Stores
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
9.20%
Selected cap rate for this warehouses
Derived from the Apopka market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.20%
9.0%
NOI (est.)
$4.52M *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$49.12M
Move the market yield to see immediate price impact.
Value / SF
$4,393
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.70%9.20%9.70%
$4.07M
$46.75M
$44.21M
$41.93M
$4.52M
$51.94M
$49.12M
$46.59M
$4.97M
$57.14M
$54.03M
$51.25M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$3.05M
0.5 mi · Dec 2025 · $229/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,131
Tax year 2023
Assessed value
$2,513,823
Assessed 2023
Previous assessed
$1,016,930
+147.2% YoY
Effective rate
1.04%
On assessed value
Assessed land
$1,872,589
Assessed improvement
$641,234
Land market value
$1,872,589
Improvement market value
$641,234
Total market value
$2,513,823
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1984
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
11,182 SF
Lot
23.94 ac (1,042,826 SF)
Zoning code
IND-4
APN
25-21-28-0000-00-022
UPID
US18-3240344
Jurisdiction
ORANGE
Zoning & alternative use
IND-4 · Apopka, FLZoning IND-4 · permitted uses
IND-4 · Apopka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
23.94 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IND-4
Jurisdiction
Apopka, FL
Recorded code
IND-4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IND-4 in Apopka, FL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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