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$1,599,000

0 Beds 0 Baths 646 SQFT 0.45 Acres
Type: Commercial

10235 GENERAL DRIVE 8
ORLANDO, FL 32824

MLS#: O6397353
Kim Olson
Kim Olson
The Real Estate Advantage
Phone: 218.259.9110
Office: 218.326.8200
Presented by: AG REALTY SERVICES LLC with 407-374-7295. - 407-374-7295

Property Description

 

Under contract-accepting backup offers. Prime opportunity to acquire a functional industrial warehouse condo in the highly desirable Airport submarket of Orlando—ideal 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 October 31,2026, 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 17 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. The warehouse has phase 3 and three switches with up to 200 amps and 240 volts each 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 Florida’s 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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
Building FeaturesBathrooms, Fencing, Loading Dock
CityORLANDO
Community FeaturesCurbs
Construction MaterialsBlock
CoolingA/C - Office Only
CountyOrange
DirectionsDriving South on Orange Ave take a right at West Taft Vineland Blvd. Take a left on General Drive. Parkway Distribution is on your left.
Electric200+ Amp Service, 3 Phase, 440 Volts
Facing DirectionNorth
Flood Zone CodeAE
HeatingCentral
Legal DescriptionPARKWAY DISTIBUTION CENTER PHASE 2 CONDOCB 13/45 UNIT 8
LevelsOne
Listing TermsCash, Owner May Carry, Private Financing Available
Living Area Units0 sqft
Lot Size Square Feet19,500 sqft
Lot Size UnitsSquare Feet
MLS Area32824 - Orlando/Taft / Meadow woods
Monthly Condo Fee Amount$1,861
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
OwnershipCondominium
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeWarehouse
Property TypeCommercial Sale
RoofMembrane
Security FeaturesSecurity Gate, Security Lights
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Subdivision NamePARKWAY DISTIBUTION CENTER CONDO PH 02
Tax Annual Amount$12,599
Tax Lot80
Tax Year2025
Unit Number8
UtilitiesPhone Available, Public, Underground Utilities
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1986
ZoningIND-4

Exterior

Building Area Total8,479 sqft
Foundation DetailsSlab, Stem Wall
Lot FeaturesCorner Lot, Industrial Park, Oversized Lot
Lot Size Acres0.45
Lot Size Area19,500 sqft
Number of Buildings1
Number of Lots1
Number of Separate Electric Meters1
Number of Separate Gas Meters0
Number of Separate Water Meters1
Road Frontage TypeCounty Road
Road ResponsibilityPrivate Maintained Road
Road Surface TypeAsphalt, Paved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$1,599,000

0 Beds 0 Baths 646 SQFT 0.45 Acres
Type: Commercial

10235 GENERAL DRIVE 8
ORLANDO, FL 32824

MLS#: O6397353
Kim Olson
Kim Olson
The Real Estate Advantage
Phone: 218.259.9110
Office: 218.326.8200