10235 General Drive 8, ORLANDO, FL 32824
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  • MLS#: O6397353 ( Commercial Sale )
  • Street Address: 10235 General Drive 8
  • Viewed: 2
  • Price: $1,899,000
  • Price sqft: $224
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 8479
  • Days On Market: 2
  • Additional Information
  • Geolocation: 28.4172 / -81.3866
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32824
  • Subdivision: Parkway Distibution Center Con
  • Provided by: AG REALTY SERVICES LLC
  • Contact: Armando Gonzalez
  • 407-374-7295
  • mfrmls
  • DMCA Notice
  • Description
    Prime opportunity to acquire a functional industrial warehouse condo in the highly desirable Airport submarket of Orlandoideal for both investors seeking in place income and owner users planning for future occupancy. This 8,479 SF asset (646 SF office / 7,786 SF warehouse) is currently leased to a national telecommunications infrastructure contractor through September 17, 2026, providing stable cash flow during the near term. The tenant has an established presence at the property, and there is a strong possibility of renewal, while the lease term also offers clear timing for an owner user to plan occupancy. The property is currently leased at $11.55/SF, representing a significant discount to market rents ($15$18/SF), creating a compelling mark to market opportunity for investors or the ability for an owner user to acquire at a basis supported by below market income. Constructed of concrete block, the building offers 1617 ft clear height, two dock high doors (including one with lift), and a secured fenced/gated configuration, making it highly functional for logistics, distribution, or service based operations. The office buildout includes a reception area, two private offices, and dual restrooms. Strategically located with immediate access to Florida Turnpike, SR 528 (Beachline Expressway), and SR 417 (Central Florida GreeneWay), and minutes from Orlando International Airport, the property sits within one of Central Floridas most active industrial corridors. This asset provides immediate return with embedded upside, while also presenting a rare opportunity for an owner user to secure a well located facility with near term occupancy optionality.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Ceramic Tile
  • Living Area: 646.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot, Industrial Park, Oversized Lot
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Office Only
  • Electric: 150 Amp Service, Three Phase
  • Heating: Central
  • Road Frontage Type: County Road
  • Sewer: Public Sewer
  • Utilities: Phone Available, Public, Underground Utilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 98949.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Association Phone: 888-336-0606
  • Country: US
  • Legal Description: PARKWAY DISTIBUTION CENTER PHASE 2 CONDOCB 13/45 UNIT 8
  • Levels: One
  • Area Major: 32824 - Orlando/Taft / Meadow woods
  • Occupant Type: Tenant
  • Parcel Number: 11-24-29-6712-00-080
  • Possession: Close Of Escrow
  • Zoning Code: IND-4
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