Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Area: | 17728 sq ft |
| Lot Size: | 1.6 Acres |
Financials
Price:$4,795,000
Annual Taxes:$22,907.24
Listing Courtesy of COUNTRYWIDE REALTY PARTNERS, LLC
Excellent opportunity to acquire a renovated, income producing industrial property with future expansion potential in the growing Apopka market !
Description
Excellent opportunity to acquire a renovated, income-producing industrial property with future expansion potential in the growing Apopka market! Located at 2525 Clarcona Road, this 17,728 SF industrial warehouse sits on approximately 1.59 acres and currently generates $29,100 per month in NNN base rental income, offering investors immediate cash flow.
What truly sets this property apart is its potential for future expansion. Ownership is currently pursuing annexation into the City of Apopka, with favorable preliminary discussions regarding the development of an additional warehouse toward the rear of the property. The proposed expansion presents an attractive opportunity for investors seeking to increase rentable square footage and long-term income potential, subject to final municipal approvals.
Strategically located with convenient access to SR-429, US-441, and major Central Florida transportation corridors, the property is well positioned for industrial, warehouse, distribution, and investment uses.
Whether you're seeking an established income-producing asset or an industrial investment with additional development potential, this property offers a compelling combination of existing cash flow, significant renovations, and future upside. Contact us for additional details and to schedule a private tour. Lease and development documentation available for review by qualified buyers.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.