www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29234197
29234198

110 Obrien Rd, Casselberry, FL 32730

KE
FL FL 3315857
eXp Commercial
DG
FL BK3221798
eXp Commercial
Listed by eXp Commercial
$899,000
140 days on market
Updated 62 days ago

110-140 Obrien Road

Details
APN 19-21-30-300-0230-0000
Property Type Industrial, Special Purpose
Sub Type Flex, Warehouse
Square Footage 7,185
Net Rentable (SqFt) 7,185
Units 5
Cap Rate 7.50%
NOI $51,915
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.13%
Pro-Forma NOI $64,062
Price per SqFt $125
Year Built 1964
Year Renovated 2020
Buildings 2
Stories 1
Acreage 0.770
Zoning C-2, Retail Commercial
Investment Type Value Add
Ceiling Height 10
Ownership Fee Simple

Flex Industrial | 7,185 SqFt

Marketing description

eXp Commercial is excited to offer 110 O’Brien Road a multi-tenant industrial flex property featuring approximately 5–6 individual lease units, offering a diversified income stream and reduced reliance on any single tenant. The unit configuration is well-suited for small-bay industrial, light manufacturing, contractor, and service users, a segment that continues to experience strong demand due to limited supply and high tenant turnover costs. Current tenants are on month to month lease terms with the opportunity to retain existing tenants, occupy a portion of the property or all of it for an owner user. Zoned C-2, Retail Commercial offers a wide range of uses suitable for variety of business consistent with the surrounding uses.

SELLER FINANCING AVAILABLE, SUBJECT TO TERMS AND PRICE.

https://library.municode.com/fl/seminole_county/codes/land_development_code?nodeId=SECOLADECO_CH30ZORE_PT4ZODIST_S30.4.18GECODI

The property is located on the north side of O’Brien Road, 250 feet west of US-17-92, one of the area’s primary commercial corridors with approximately 54,000 vehicles per day (AADT). This positioning provides tenants with excellent visibility, easy accessibility, and efficient ingress/egress for service vehicles and deliveries, while maintaining the operational advantages of a lower-traffic side street. The surrounding area is characterized by a strong concentration of light industrial, contractor, automotive, and service-oriented users—supporting sustained demand for functional flex and warehouse space.

A notable value driver is the property’s on-site outdoor storage / yard area, an increasingly scarce feature in the industrial market. This capability allows tenants to store vehicles, equipment, and materials on-site, increasing functionality and supporting premium rental rates and longer tenant retention. The combination of flexible unit sizes, yard access, and proximity to a major traffic corridor positions the property as a highly adaptable asset for a wide range of business uses.

Overall, 110 O’Brien Road offers investors a stable, income-producing industrial asset with strong market fundamentals, multi-tenant risk diversification, and exposure to one of the most desirable segments of the industrial market—small-bay flex with outdoor storage.

Investment highlights

  • First Time Offered to the Market – Rare opportunity to acquire a well-located industrial flex asset that has not previously been marketed, offering unique pricing and repositioning potential.

  • Value-Add Opportunity – Existing leases are below current market rental rates, providing upside through mark-to-market rent increases, lease renewals, or strategic tenant turnover.

  • Flexible Occupancy Options – Property can function as a fully multi-tenant investment, single-tenant facility, owner-occupied with supplemental rental income, or a hybrid structure accommodating both ownership and leased units.

  • Multi-Tenant Configuration – Approximately 5–6 individual industrial flex units, allowing for diversified income streams and reduced reliance on a single tenant.

  • Outdoor Storage / Yard Area – On-site outdoor storage enhances usability for contractors, service providers, and light industrial users—an increasingly scarce and highly sought-after feature.

  • Strong Traffic Exposure – Located on a secondary street intersecting US-17-92, which carries approximately 54,000 vehicles per day (AADT), providing excellent visibility and accessibility.

  • Small-Bay Industrial Demand – Designed for local service, contractor, automotive, and light industrial tenants—a segment with consistently strong demand and limited new supply.

  • Functional Industrial Design – Well-suited for equipment storage, vehicle-based businesses, and trade users requiring flexible layouts and efficient access.

  • Durable Income Profile – Multi-tenant structure combined with strong market fundamentals supports stable cash flow with long-term appreciation potential.

  • Strategic Repositioning Potential – Opportunity to enhance value through improved management, lease restructuring, and operational optimization without major capital expenditure.

Listing Contacts

KE
FL FL 3315857
eXp Commercial
DG
FL BK3221798
eXp Commercial
Listed by eXp Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,915.00
$4,326.25/mo

Valuation Metrics

0
DSCR
5.77%
Cap Rate
5.77%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kevin Eaton
License
FL 3315857
Brokerage
EXP Commercial
Brokerage Phone
407-706-3579
Title
Broker
Brokerage Address
236 S Lucerne Circle E
Name
Dan Gil
License
BK3221798
Brokerage
eXp Commercial LLC
Brokerage Phone
(407)247-8356
Title
Commercial Real Estate & Business Broker | Advisor
Brokerage Address
7345 West Sand Lake Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591