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Property profile & analytics
FOR LEASE
Distribution centers

601 Hillview Dr Altamonte Springs, FL 32714

7,543 SF 53.54 ac lot Built 1995
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-5285699
Property summary
AI-generated overview

This exceptional industrial warehouse property, located at 601 Hillview Dr in Altamonte Springs, Florida (zip code 32714), presents a unique investment opportunity. Situated on a lot ranging from 0.5 to 9.61 acres, this C-3 zoned property in Seminole County offers multiple tenancy options. The site boasts impressive ceiling heights ranging from 30 to 32 feet, providing ample vertical space for various industrial uses. Its strategic location at the southwest corner of Discovery Court and Hillview Drive in the Northern Orlando submarket offers significant advantages. Businesses will benefit from extensive lay-down yard and parking capabilities, facilitated by multiple roadway access points. The property's proximity to major thoroughfares, including SR-434, SR-414, SR-436, and Interstate-4, ensures optimal logistical and operational efficiency. With 48,519 rooftops within a 3-mile radius, this location provides access to a substantial consumer base. The total building square footage is currently unavailable. Five spaces are currently available for lease. This property is ideal for businesses seeking a well-connected, spacious, and versatile industrial warehouse solution in a thriving Orlando-area market.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1995
Construction CONCRETE
Total area 7,543 SF
Lot 53.54 ac (2,332,377 SF)
APN 22-21-29-300-0300-0000
UPID US18-5285699
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
  • City Movers Moving Company
  • Creative Canvas (Bike/Boat/Book/etc) Store
  • RV Storage Depot Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$2.32M
Owner & transaction history
RDC ALTAMONTE SPRINGS LLC
RDC ALTAMONTE SPRINGS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.5M +152.8%
Commercial (general) $2.0M +45.1%
Neighborhood: shopping center $1.7M +21.6%
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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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