Industrial Properties
10577 Rocket Boulevard Orlando, FL 32824
Details & Description
Price: $2,775,000
    This is an excellent value-add opportunity or potential warehouse space for the user/occupant. Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame warehouse on 2.0 Acres. This multi-tenant investment is fully occupied. All rents are currently 50% below the market rate and all leases are month-to-month. Current market rental COMPS in the area are between $7 to $9 PSF NNN. The buyer is encouraged to run their own rental COMP report to independently verify the warehouse rental COMPS in the area. Gross Operating Income in 2019 was $130,897 and Pro-forma NOI of $257,125 is calculated based on $8.50 PSF NNN Rental Rate. Three warehouse units with built-in offices. Unit A-11,040 SF, Unit B-8,250 SF, Unit C-11,040 SF. Ten 12’ Roll-up doors. Three Ramps, Seven Dock High. The property is well maintained and in good condition. The roof has recently been replaced. The property is well maintained and in good condition.
    Property Highlights
     Brand New Roof and other recent renovations in upwards of $250,000
     Ten 12 Roll-up Doors, 3 Ramps, 7 Dock Level 3 Offices
    Listing Agents
    Mark Arnold
    KW Commercial
    O: 407-629-4420
    M: 407-353-6391
    marnold@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    10577 Rocket Boulevard

    Orlando, FL 32824

    Listing ID: 269286
    • 10577 Rocket Boulevard Orlando, FL 32824 | for Sale | Photo 1
    • 10577 Rocket Boulevard Orlando, FL 32824 | for Sale | Photo 2
    10577 Rocket Boulevard | for Sale | Thumbnail 1
    10577 Rocket Boulevard | for Sale | Thumbnail 2
    Building Size: 31,150 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: $89.09
    Land $/SF: $31.85
    Price
    $2,775,000
    Property Highlights
    Brand New Roof and other recent renovations in upwards of $250,000
    Ten 12 Roll-up Doors, 3 Ramps, 7 Dock Level 3 Offices
    Description

    This is an excellent value-add opportunity or potential warehouse space for the user/occupant. Commercial Industrial warehouse located in South Orlando Industrial area, near Florida Turnpike on Rocket Blvd. 31,150 SF steel frame warehouse on 2.0 Acres. This multi-tenant investment is fully occupied. All rents are currently 50% below the market rate and all leases are month-to-month. Current market rental COMPS in the area are between $7 to $9 PSF NNN. The buyer is encouraged to run their own rental COMP report to independently verify the warehouse rental COMPS in the area. Gross Operating Income in 2019 was $130,897 and Pro-forma NOI of $257,125 is calculated based on $8.50 PSF NNN Rental Rate. Three warehouse units with built-in offices. Unit A-11,040 SF, Unit B-8,250 SF, Unit C-11,040 SF. Ten 12’ Roll-up doors. Three Ramps, Seven Dock High. The property is well maintained and in good condition. The roof has recently been replaced. The property is well maintained and in good condition.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Orlando History of Industrial Properties for Sale

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    Orlando Area Market Trends

    Listing Demographics for 10577 Rocket Boulevard Orlando, FL 32824

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,56350,193155,304
    Population Median Age393737
    Population by Age0-9 Yrs385 (10%)5928 (11%)18904 (12%)
    10-19 Yrs477 (13%)6255 (12%)18592 (11%)
    20-29 Yrs494 (13%)7528 (14%)23787 (15%)
    30-39 Yrs530 (14%)8028 (15%)25758 (16%)
    40-49 Yrs404 (11%)6862 (13%)21173 (13%)
    50-59 Yrs510 (14%)6985 (13%)20205 (13%)
    60-69 Yrs368 (10%)4510 (8%)14689 (9%)
    70+ Yrs395 (11%)4097 (8%)12196 (7%)
    Median HH Income$55,099$56,602$56,358
    Total Household Income< 24K127 (12%)2425 (16%)8802 (17%)
    25-49K308 (31%)3950 (26%)12789 (26%)
    50-74K200 (20%)3675 (24%)10665 (21%)
    75-99K125 (12%)2062 (13%)6254 (12%)
    100-199K201 (20%)2387 (15%)8565 (17%)
    200K+20 (2%)445 (2%)1934 (3%)
    Highest Education LevelNo Diploma371472714949
    Diploma or GED7501026229451
    Some College486714421732
    Assoc. Degree323370811428
    Bachelors Degree373619121155
    Higher Degree14324079111
    Total Housing Units1,24619,05762,938
    --Owner-Occupied7619,24528,111
    --Renter-Occupied2195,70020,899
    Owner-Occupied Values< 100K418072509
    100-199K255406110361
    200-299K39534909722
    300-399K576053215
    400-499K01081032
    500K+121731273
    Total Working Age Population2,87040,482125,113
    In Work Force1,87428,23685,657
    Not In Work Force99612,24539,456
    Workforce Employed1,73926,73981,503
    Workforce Unemployed1331,4784,069
    Civlian Workforce1,87228,21785,572
    Military Workforce21985
    Total Households98014,94549,010
    Family Households84911,38534,500
    Non-Family Households1313,55914,510
    Married Couple5888,04224,397
    Other Family2613,34410,103
    Married w/Child2313,57610,289
    Single Male w/Child152651,167
    Single Female w/Child941,2463,524

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Lake County210,528+41297,052+21360,739+21437,201
    Orange County896,344+281,145,956+241,415,511+201,693,977
    Osceola County172,493+56268,685+42380,703+31500,204
    Polk County483,924+24602,095+16699,589+15807,917

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 10577 Rocket Boulevard in Orlando?
    The asking price for 10577 Rocket Boulevard is $2,775,000
    What is the building size of this Industrial property in Orlando, FL?
    The size of the building/unit at 10577 Rocket Boulevard in Orlando is 31,150 square feet
    How much land does the Orlando, FL property at 10577 Rocket Boulevard include?
    10577 Rocket Boulevard in Orlando includes 2.000 acres of land
    What kind of Industrial is the propery at 10577 Rocket Boulevard?
    The property at 10577 Rocket Boulevard Orlando, FL 32824 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 10577 Rocket Boulevard in Orlando?
    The population within 1 mile of 10577 Rocket Boulevard Orlando, FL 32824 is 3,563 people.
    Who do I contact for questions about 10577 Rocket Boulevard?
    You should contact the listing agent, Mark Arnold, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Orlando International Airport (MCO) 5
    Orlando Sanford International Airport (SFB) 27
    Daytona Beach International Airport (DAB) 57