OUC - South Orlando Industrial Site | 168.3 acres

For more information as well as the Offering Memorandum, please visit the property website https://platform.reverecre.com/project/2b711028-0494-4353-8378-222857447f93 and sign the confidentiality agreement.

The Opportunity

Colliers, as exclusive agent for Orlando Utilities Commission (“OUC”), is pleased to offer the rare opportunity to acquire the fee simple interest in a prime 168.3± gross acre (133.7± usable acre) infill industrial development site located in the Orlando MSA (the “Site”). Orlando is one of the fastest growing and most dynamic business environments in the United States providing ideal conditions for future industrial development to fuel our rapid population growth.

Wedged directly in between Prologis Park at AIPO (Airport Industrial Park Orlando) to the north and Jetport Industrial Park to the south, the Site is located just east of Orange Avenue with direct access from 489.2 linear feet of frontage on Wetherbee Road. It benefits from easy access to two of Orlando’s main arterials, the Central Florida GreeneWay (FL 417) and Florida’s Turnpike (FL 91) and is less than a 10-minute drive to the Orlando International Airport (MCO). MCO is now the nation’s 2nd largest airport (for origination/destination traffic) and the busiest airport in Florida with a record of 57.7 million passengers in 2023, a 15.1% increase over 2022. The estimated annual economic impact from the airport alone is over $41 billion and growing, with the $4.2 billion Phase I expansion now complete and fully operational.

Recently annexed into the City of Orlando, the Site consists of 3 tax parcels containing 165.3± acres with most of the Site zoned I-G (Industrial General District), and a small portion containing the remaining wetlands zoned C (Conservation District). The future land use for most of the Site is INDUST (Industrial) with a small portion containing the remaining wetlands C (Conservation). In addition, 2 vacated Right of Ways will likely be included in the sale of the property and contain approximately 3.0± acres.

Location Overview

The Site is strategically located just off Orange Avenue, with direct access from Wetherbee Road. Access to the traffic signal at the interchange of Wetherbee Road and Orange Avenue is just 1,000 linear feet to the north. Access to the traffic signal at the interchange of Wetherbee Road and East Wetherbee Road is less than one mile to the south.

The property is approximately 6.5 miles from I-4, which is accessible via FL-417 or Florida’s Turnpike (FL-91). The highway access connects the property to Orlando and surrounding Central Florida markets. The Site is approximately 3.8 miles from Orlando International Airport and 9.3 miles from Downtown Orlando.

Entitlements Overview

The Site has recently been annexed into the City of Orlando. This annexation effort required a FLU Subarea Policy S.36.3 which provides the maximum amount of development allowed within this subarea policy shall not exceed 110% of 1,840,000 square feet of industrial uses or exceed 2,944 daily trips. More details on the entitlements are addressed in the “Site Details” section of this offering.

Offering Terms

• Interest Offered
  Colliers is offering the fee simple interest in OUC’s ±168.3-acre development site located in the Orlando MSA, on an “as-is, where-is” basis to select industrial developers.

• Site Inspections and Due Diligence Information
  All questions regarding the offering of the Site should be directed to Colliers who will also respond to all requests for Site tours