13415 SULLIVAN ROAD
About This Property
Surrounding Development Includes:
Hills City Center - 1.4M SF of industrial, 600K SF retail, 500K SF medical, 1,000+ multifamily units
AdventHealth Minneola Hospital Campus - $281M+ medical development now underway
New Horizon Academy K–8, new residential communities, and over 13,000 approved housing units within 5 miles.
Property Details
Size: 10.5± acres (after subdivision)
Zoning: Industrial (City of Minneola)
Access: Shared driveway easement to tenant parcel
Utilities: City services available nearby
Frontage: Backs to Florida Turnpike with potential signage visibility
Location: Within minutes of SR 50 and US 27, with immediate Turnpike access
Highlights: Adjacent to major mixed-use and industrial expansion. Part of the high-growth Hancock Road / Turnpike corridor. Ideal for distribution, flex, or build-to-suit industrial users. Strategically positioned for Orlando MSA logistics and manufacturing connectivity. This property offers a rare chance to secure industrial land in a market poised for exponential growth, surrounded by large-scale medical, commercial, and residential investment.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Oct 6, 2025 | Listed by KELLER WILLIAMS ADVANTAGE REALTY | $5,000,000 | |
| Listed by KELLER WILLIAMS ADVANTAGE REALTY | |||
| Mar 16, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017