927 Fern St - Light Manufacturing FOR SALE


Altamonte Springs, FL 32701
$9,500,000 USD
407-413-0252
927 Fern St, Altamonte Springs, FL for Sale
$9,500,000 USD
Light Manufacturing - FOR SALE
1/20
null | 4.59% Cap Rate

927 Fern St
Altamonte Springs, FL 32701


HIGHLIGHTS

  • Portfolio Size: 106,178 SF
  • Total Acres: ±5.6
  • 1st Floor Industrial: 72,732 SF
  • 2nd Floor Professional Office: 33,446 SF
  • Number of Tenants: 6
  • In-Place NOI: 435,941

OVERVIEW

Lee & Associates Central Florida is pleased to present the exceptional opportunity to acquire 927 Fern St., Altamonte Springs, FL 32701, a ±106,178 SF industrial/office facility strategically positioned in the heart of one of Seminole County’s most established commercial corridors. Situated with excellent access to major thoroughfares, including S.R. 436, I-4, and S.R. 434, the property provides regional connectivity for logistics, office operations, and service-based users. Offered as an owner user or heavy value-add / opportunistic investment, the asset represents a chance to acquire a sizable, functional building in the Altamonte Springs submarket at a basis approximately 50% below stabilized investment sale comparables. With current occupancy at ±46%, the project delivers immediate upside potential through thoughtful lease-up, repositioning, or redevelopment strategies tailored to the submarket’s strong tenant demand. This offering presents users and investors with a compelling opportunity to secure a considerable, versatile asset at an attractive price point in one of Central Florida’s most resilient and high performing suburban markets.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

4.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

UTILITIES

Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

15 Ft

DOCKS

7

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.59

LAND SF

243,500

ZONING

MOI1

APN/PARCEL ID

12-21-29-5BD-0900-0010

ASK ABOUT THIS PROPERTY

Brock HolstonLee & Associates Central FloridaMore Info
407-413-0252

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Brock HolstonLee & Associates Central FloridaMore Info
407-413-0252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.