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Downtown Orlando Redevelopment Opportunity

1 S COTTAGE HILL Rd, Orlando, FL 32805

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For Sale

$5,990,000

3.86-acre site with existing facility and redevelopment potential.

Type:Commercial

Property size:

30,044 SF

Lot size:

3.86 Acres

Price / SF:

$199/SF

HighLights

Prime downtown Orlando location with direct SR‑408 access and high visibility (48,000+ vehicles daily).
Large 3.86‑acre parcel in an Opportunity Zone and Federal HUBZone, offering significant incentive potential.
Zoning upside: R‑3B with potential for AC‑N Neighborhood Activity Center, supporting residential, commercial, and increased height development.
Existing 30,044 SF institutional facility with 242 parking spaces, allowing for immediate adaptive reuse.
Recent $500,000+ in capital improvements, including updated sanctuary and new HVAC systems.
Surrounded by hundreds of millions in public and private investment, including stadium redevelopment and neighborhood revitalization.

We can help!

Listing Contact

Tony Johnson

Learn more

For Sale

$5,990,000

3.86-acre site with existing facility and redevelopment potential.

Type:Commercial

Property size:

30,044 SF

Lot size:

3.86 Acres

Price / SF:

$199/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:20 pm

Property Features for 1 S COTTAGE HILL Rd

General Information

Standard status: Active
Size: 30,044 SF
Lot size: 3.86 Acres
Property subtype: Commercial

Building Details

Year Built: 1976

We can help!

Listing Contact

Tony Johnson

Listing agent Tony Johnson License #3303324

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Tony Johnson

HighLights

Prime downtown Orlando location with direct SR‑408 access and high visibility (48,000+ vehicles daily).
Large 3.86‑acre parcel in an Opportunity Zone and Federal HUBZone, offering significant incentive potential.
Zoning upside: R‑3B with potential for AC‑N Neighborhood Activity Center, supporting residential, commercial, and increased height development.
Existing 30,044 SF institutional facility with 242 parking spaces, allowing for immediate adaptive reuse.
Recent $500,000+ in capital improvements, including updated sanctuary and new HVAC systems.
Surrounded by hundreds of millions in public and private investment, including stadium redevelopment and neighborhood revitalization.

Overview

Located in Downtown Orlando, 1 S Cottage Hill Road is a 3.86-acre urban redevelopment site. The property features a 30,044 square foot institutional facility with 242 parking spaces. It has visibility exceeding 48,000 vehicles daily. The property is zoned R-3B, allowing for existing density allowances and future AC-N Neighborhood Activity Center potential. This supports residential development, expanded commercial uses, and increased height. Recent capital improvements exceeding $500,000 include modernization of the sanctuary with new sound systems, epoxy flooring, chair seating, interior paint, and three new HVAC systems. The site supports immediate adaptive reuse while redevelopment approvals are pursued. The current use includes an updated sanctuary with seating for 800-1200, a commercial kitchen, administrative offices, classrooms, and a banquet/event center with 9 airwalls. Ideal uses include a ministry and community hub, multi-family housing, mixed-use development, senior living, charter school campus, regional campus relocation, career academy, or church relocation. The location includes frontage on John Young Parkway (266 feet) and immediate SR-408 access. The property is located adjacent to Camping World Stadium, Exploria Stadium, Parramore Heritage District, and West Lakes Revitalization, within a Federal HUBZone and Opportunity Zone. The bike score is 83, indicating it is very bikeable. The walk score is 46, indicating it is car-dependent, and the transit score is 40, indicating some transit options are available.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$721.1k	$24.00
− Vacancy	−$86.5k	−$2.88
EGI	$634.5k	$21.12
− OpEx	−$237.9k	−$7.92
NOI	$396.6k	$13.20

30,044 SF · lease $24.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$5.67M

$4.96M – $6.61M (±1% cap)

NOI $396,581 @ 7.0% cap · market cap 6.62%

Second Best

—

no second resolved use

Theoretical Best

Office A

$9.68M

$8.47M – $11.29M (±1% cap)

NOI $677,475 @ 7.0% cap · market cap 11.31%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Live Church Church Carter Tabernacle CME ... Church

Suggested Use

Location Insight

Map
Local Demand

City: Orlando
County: Brevard
State: Florida
Longitude: -81.4148451
Latitude: 28.5413815

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For sale
Churches & religious facilities
FL
Orlando
32805
1 S COTTAGE HILL Rd

What type of property is this?

Church & religious facility - 3.86-acre site with existing facility and redevelopment potential.

Where is this church & religious facility located?

The property is located at 1 S COTTAGE HILL Rd Orlando, FL.

What is the asking price?

The asking price for this property is $5,990,000.

What are key features of this property?

This property features: Prime downtown Orlando location with direct SR‑408 access and high visibility (48,000+ vehicles daily).; Large 3.86‑acre parcel in an Opportunity Zone and Federal HUBZone, offering significant incentive potential.; Zoning upside: R‑3B with potential for AC‑N Neighborhood Activity Center, supporting residential, commercial, and increased height development.