5700 Orange Ave Orlando, FL 32809-4208
- Commercial land
- 55,695 SF
- 3.09 lot acres
Mar 08, 2022
Current Use by Public Records
- Moov Drivers School / Driving School / Drivers License Training School
Property Details for 5700 Orange Ave
- Year built
- 1966
- Lot size
- 3.09 lot acres
- Property size
- 55,695 SF
- Zone code
- IND-4
- Property type
- Commercial land
- APN
- 24-23-29-3336-00-010
- APU
- 242329333600010
Description
This exceptional 3.09-acre industrial property, located at 5700 S Orange Ave in Orlando, Florida (zip code 32809), presents a compelling investment opportunity. Currently leased to a trucking driving school under a lease with approximately 3.5 years remaining, the property generates a substantial annual rental income of $262,000, with built-in annual rent increases of 4%. The property benefits from frontage on two major streets, providing excellent visibility and accessibility. Its strategic location in the heart of Orlando places it within easy reach of major roadways and Orlando International Airport, enhancing its appeal for a wide range of potential uses. Surrounded by a mix of industrial buildings and residential complexes, this site offers a unique blend of location advantages. The property is zoned IND-4, allowing for a diverse array of development possibilities, including industrial facilities, warehouses, and manufacturing operations. This presents a rare chance to acquire a prime piece of Orlando's industrial real estate market, offering both immediate income and significant long-term potential. The Orange County location provides access to a robust workforce and established infrastructure. This is a truly exceptional opportunity for investors seeking a high-yield, strategically located industrial property in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $2,780,000
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Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3701
- Latitude
- 28.4742
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA