For Sale
$3,800,000

145 Ronning Way Longwood, FL 32750

High-yield industrial portfolio, 22,774 SF

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional Longwood, FL industrial investment property encompasses 22,774 square feet across five buildings situated on a generous 2.02-acre lot. The property currently generates substantial income from five separate tenants occupying the buildings. Two buildings, each measuring 3,000 square feet, command a monthly rental rate of $2,200 plus sales tax, while the remaining two 2,000-square-foot buildings rent for $1,500 per month plus sales tax. All units are individually metered, ensuring efficient utility management, with tenants responsible for their respective consumption. Currently, all tenants are on month-to-month leases, providing the new owner with significant flexibility. The existing rental rates offer immediate cash flow, with potential for increased revenue through lease renegotiations or by vacating tenants post-closing to allow for owner-occupancy. This presents a compelling opportunity for investors seeking a strong return on investment in a prime Longwood location. The property's size and configuration offer versatility for a variety of uses, making it an attractive proposition for both seasoned investors and those new to the commercial real estate market. The substantial lot size also provides ample space for future expansion or development. This is a rare opportunity to acquire a well-performing industrial property with significant upside potential.

Property Details for 145 Ronning Way

Property type
Industrial properties
Square Feet
22,774 SF
Year Built
2006
Lot Size (sq. ft)
87,991 SF

Location Insight

City
Longwood
County
Seminole
State
Florida
Latitude
28.69673
Longitude
-81.35667

FAQs

What type of property is this?
Industrial property - High-yield industrial portfolio, 22,774 SF
Where is the industrial property located?
The property is located at 145 Ronning Way Longwood, FL.
What is the asking price?
The asking price for this property is $3,800,000.
How can I contact the broker?
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145 Ronning Way
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