$1,599,000
Active Under Contract10235 General Dr #8, Orlando, FL 32824
646 sq ft
Listing courtesy of AG REALTY SERVICES LLC · MLS# O6397353
128 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Under contract-accepting backup offers. Prime opportunity to acquire a functional industrial warehouse condo in the highly desirable Airport submarket of Orlando—ideal for both investors seeking in-place income and owner-users planning for future occupancy. This 8,479 SF asset (±646 SF office / ±7,786 SF warehouse) is currently leased to a national telecommunications infrastructure contractor through October 31,2026, providing stable cash flow during the near term. The tenant has an established presence at the property, and there is a strong possibility of renewal, while the lease term also offers clear timing for an owner-user to plan occupancy. The property is currently leased at $11.55/SF, representing a significant discount to market rents ($15–$18/SF), creating a compelling mark-to-market opportunity for investors or the ability for an owner-user to acquire at a basis supported by below-market income. Constructed of concrete block, the building offers 17 ft clear height, two dock-high doors (including one with lift), and a secured fenced/gated configuration, making it highly functional for logistics, distribution, or service-based operations. The office buildout includes a reception area, two private offices, and dual restrooms. The warehouse has phase 3 and three switches with up to 200 amps and 240 volts each Strategically located with immediate access to Florida Turnpike, SR 528 (Beachline Expressway), and SR 417 (Central Florida GreeneWay), and minutes from Orlando International Airport, the property sits within one of Central Florida’s most active industrial corridors. This asset provides immediate return with embedded upside, while also presenting a rare opportunity for an owner-user to secure a well-located facility with near-term occupancy optionality.
Facts
- Property type
- Warehouse
- Year built
- 1986
- Exposure
- North
- Flood zone
- AE
- Annual taxes
- $12,599/yr
- Monthly fees
- $1,861/mo
- Listed
- Apr 8, 2026
- MLS #
- O6397353
Commercial details
Building & site
- Building size
- 8,479 SF
- Lot size
- 0.45 acres (19,500 SF)
- Zoning
- IND-4
- Ceiling height
- 16 to 22 Feet
- Parking spaces
- 14
- Road frontage
- County Road
- Buildings
- 1
- Occupancy
- Tenant-occupied
- Building features
- Bathrooms, Fencing, Loading Dock
Investor metrics
- Price per SF (MLS)
- $188.58/SF
- Cap rate
- 6.19%
- Net operating income
- $98,949/yr
- Annual expenses
- $34,548/yr
- Units
- 1
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $1,799,000
- Price reduced to $1,599,000from $1,699,000
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10235 General Dr #8, Orlando, FL 32824
Listing courtesy of AG REALTY SERVICES LLC · MLS# O6397353 · Active Under Contract
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



