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E Sand Lake Rd
Orlando, FL 32809
Land For Sale · Land For Sale
·
29.51 AC
Property Facts
| Price | Not Individually For Sale | Property Subtype | Industrial |
| Property Type | Land | Total Lot Size | 29.51 AC |
| Price | Not Individually For Sale |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 29.51 AC |
Executive Summary
Discover a rare South Orlando development opportunity coupled with a lucrative flex investment offered by this unmatched portfolio. Surrounding Bay Lake, the Lake Gloria Preserve neighborhood, and a vibrant commercial corridor on S Orange Avenue, this cluster of properties is the premier opportunity to make a prominent statement in The City Beautiful.
The total land offered here is approximately 88 acres and is split among two parcels, 404 Glenrose Road and E Sand Lake Road. 404 Glenrose Road spans 58.48 acres and only has a small single-family home, leaving few barriers for development, and it is zoned for retail, office, and residential. E Sand Lake Road is 29.51 acres of vacant land and is currently zoned for industrial use, directly across the street from Sunport Commerce Center to complement the bustling distribution and manufacturing community. There is also a SunRail stop at the southeast corner of E Sand Lake road for direct access to public transit.
6520 Pinecastle Boulevard is the official mailing address of these properties, a 9,842-square-foot flex building, sitting on a 0.78-acre parcel. The facility is comprised of a 2,836-square-foot office and 3,840 square feet of sales space with the remaining balance used as a work area. It boasts 37 parking spaces and includes two aluminum canopies, an accessory building, and a storage bin. 6520 Pinecastle Boulevard is leased to Red Meter, a global non-nuclear and dry bulk density meter manufacturer serving the oil and gas, dredging, and mining industries, with this being their main office.
Every sector of Orlando’s real estate market is running on all cylinders, providing an optimistic outlook for any development and continued success of the existing building. Despite broader trends, the retail market has seen record-breaking numbers, the total inventory already accounts for 1% of the entire nation’s and 4% of US retail under construction is in the Orlando metro. Industrial properties have seen rents skyrocket and vacancy rates decline well below the national average even with over 3.7 million square feet of space delivered in the past year. Multifamily and office sectors have followed similar paths and as the largest mixed-use tracts available within 15 miles of Downtown Orlando, this is the premier opportunity to dominate the veritable Orlando market.
The total land offered here is approximately 88 acres and is split among two parcels, 404 Glenrose Road and E Sand Lake Road. 404 Glenrose Road spans 58.48 acres and only has a small single-family home, leaving few barriers for development, and it is zoned for retail, office, and residential. E Sand Lake Road is 29.51 acres of vacant land and is currently zoned for industrial use, directly across the street from Sunport Commerce Center to complement the bustling distribution and manufacturing community. There is also a SunRail stop at the southeast corner of E Sand Lake road for direct access to public transit.
6520 Pinecastle Boulevard is the official mailing address of these properties, a 9,842-square-foot flex building, sitting on a 0.78-acre parcel. The facility is comprised of a 2,836-square-foot office and 3,840 square feet of sales space with the remaining balance used as a work area. It boasts 37 parking spaces and includes two aluminum canopies, an accessory building, and a storage bin. 6520 Pinecastle Boulevard is leased to Red Meter, a global non-nuclear and dry bulk density meter manufacturer serving the oil and gas, dredging, and mining industries, with this being their main office.
Every sector of Orlando’s real estate market is running on all cylinders, providing an optimistic outlook for any development and continued success of the existing building. Despite broader trends, the retail market has seen record-breaking numbers, the total inventory already accounts for 1% of the entire nation’s and 4% of US retail under construction is in the Orlando metro. Industrial properties have seen rents skyrocket and vacancy rates decline well below the national average even with over 3.7 million square feet of space delivered in the past year. Multifamily and office sectors have followed similar paths and as the largest mixed-use tracts available within 15 miles of Downtown Orlando, this is the premier opportunity to dominate the veritable Orlando market.
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