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- LoopNet Team
6050 S Semoran Blvd
Orlando, FL 32822
Orlando Airport Development Opportunity · Land For Sale
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70.07 AC
Investment Highlights
- Irreplaceable Location And Access
- Ownership Has Obtained All Entitlements, Permits, Completed Mitigation, and Paid All Applicable Fees
- Covered Land Opportunity With Significant Income
Property Facts
Description
Irreplaceable Location And Access: The property enjoys tremendous access to many major thoroughfares and has immediate access to the east on S Semoran Blvd, which sees an AADT of 47,108. Located directly north and just a few minutes away from the Orlando International Airport, the Property is ideally positioned to service the nearby populace. Being that there are limited tracts of land of this size in Orange County, paired with the unsatisfied demand for industrial product, makes this site ideal for a large-scale industrial development. Covered Land Opportunity With Significant Income: The Property is currently occupied by several tenants including Hertz and several outdoor storage operators, which produce a Net Operating Income of approximately $1.7M. This provides optionality for a potential investor to keep the existing tenants in place and develop the remaining developable land, or to redevelop the entire Property and use the in-place income to offset the planning and development costs.
