K2 Real Estate Capital Acquires Industrial Property From SomeraRoad In Orlando For $3.72M
3024 Shader Road
$3,721,467
$118/SF
Building Size
31,399 SF
Asset Type
Industrial
Closing
Mar 27, 2026
AI
The asset involved in this transaction is an industrial property located at 3024 Shader Road in Orlando, FL. The transaction was completed for a sale price of $3,721,467, with a total square footage of 31,399 and a price per square foot of $118.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,721,467
- Address: 3024 Shader Road
- Market: Orlando, FL
- Square Footage: 31,399
- Price per Square Foot: $118
- Buyer: K2 Real Estate Capital - Robert Kaplain & Mitchell Kaplain
- Seller: SomeraRoad
- Brokers: Marc D. Smouha & Martin Cohen - Corepoint RE
Marc D. Smouha and Martin Cohen from Corepoint RE represented the transaction, signaling their active presence in the national real estate market. CorePoint RE noted their excitement in closing this off-market deal.
Players
Orlando Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93