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    4101 S Texas Ave Orlando, FL 32839

    For Sale
    $2,500,000

    Prime 5.93-acre parcel near Millenia Mall with development potential.

    Property size:
    5 SF
    Lot size:
    5.88 Acres

    Property Features for 4101 S Texas Ave

    General Information

    Size
    5 SF
    Lot size
    5.88 Acres

    Source: Lance Cobb Agent Lance Cobb

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

    Overview

    Lake Buchanan Multifamily Development Opportunity

    This 5.93-acre parcel presents a multifamily development opportunity on Lake Buchanan, near the Millenia Mall. Zoned for Medium Density Residential, the site allows for the construction of 90 to 120 units, with bonus allowances available for workforce or affordable housing initiatives. The property includes 3.53 acres of developable upland and a retention pond that may be shared with Orange County. The location provides convenient access to I-4, Hwy 441, and the Florida Turnpike, as well as the Millenia Mall Shopping District and Holden Avenue Extension. The area offers proximity to attractions such as The Florida Mall and Orlando International Premium Outlets, along with diverse retail and entertainment options. Downtown Orlando and Orlando International Airport are easily accessible via major transportation routes. The location also features a variety of dining experiences and outdoor recreational activities, with several parks located nearby, making it an ideal investment for residential real estate development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.4057091
    Latitude
    28.5000015

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    FAQs

    What type of property is this?
    Land - Prime 5.93-acre parcel near Millenia Mall with development potential.
    Where is this land located?
    The property is located at 4101 S Texas Ave Orlando, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime 5.93-acre parcel on Lake Buchanan with development potential for 90-120 units.; - Strategic location near Millenia Mall, I-4, Hwy 441, and the Florida Turnpike.; - Medium Density Residential zoning with bonus allowances for workforce/affordable housing.
    (941) 356-4781
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    4101 S Texas Ave Orlando, FL 32839
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    Orlando, FL 32839
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4101 S Texas Ave Orlando, FL 32839
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