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45 Wetherbee RdOrlando, FL 32824
OUC - South Orlando Industrial Site
Asset ClassIndustrial, Land
168.3 ± Gross Acres (Entitled for 1.84 MSF)
overview of deal

Overview

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.

 

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.

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45 Wetherbee RdOrlando, FL 32824
Major Roads | Interstate 4 (I4) 6.5 miles, Florida’s Turnpike 1.5 miles, S.R. 417/Central Florida Greenway 1.9 miles
Airports | Orlando International Airport (MCO) 3.8 miles, Orlando/Sanford Airport (SFB) 26.8 miles
City Centers | Downtown Orlando 9.3 miles, Downtown Tampa 73.6 miles

Sales Team

Lee MorrisExecutive Vice President(407) 362-6175lee.morris@colliers.com
Jeff MorrisExecutive Vice President(407) 362-6165jeff.morris@colliers.com
Bret FelbergSenior Vice President (407) 362-6163bret.felberg@colliers.com
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