1085 Belle AveCasselberry, FL 32708

  • Industrial properties
  • 25,200 SF
For Sale
$4,900,000 View listing

Property Details for 1085 Belle Ave

Year built
1974
Construction
CONCRETE
Lot size
3.47 AC
Property size (Sq ft)
25,200 SF
Property type
Industrial properties
Property subtype
Distribution centers
APN
04-21-30-521-0000-0020
APU
4213052100000020

Description

This exceptional investment opportunity presents a 26,182-square-foot warehouse located at 1085 Belle Ave, Winter Springs, FL 32708, in Seminole County. The property boasts a strong financial profile, featuring a Net Operating Income (NOI) of $236,370 upon lease renewal. Currently occupied under a single-tenant, NNN lease expiring April 30, 2029 (5-year remaining term), the lease includes 3% annual escalations. The warehouse itself is a 20' ceiling height metal building with 12 loading docks and is fully insulated, further enhanced by multiple large industrial fans. Situated on a 3.47-acre lot with Commercial General zoning, this property offers significant upside potential upon lease expiration. An additional 5 acres of contiguous land are also available for acquisition. The APN is 04-21-30-521-0000-0020. The asking price for this prime industrial asset is $4,900,000. This is a rare opportunity to acquire a well-located, high-performing warehouse with a strong tenant and significant future growth potential. A personal guarantee is in place.

1085 Belle Ave, Casselberry, Florida

Location Insight

City
Winter Springs
County
Seminole
State
Florida
Latitude
28.6938
Longitude
-81.3141
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,474
-
-
$1,767,444
-
$960,159
$807,285
$1,767,444

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