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    17108 West Colonial Dr Oakland, FL 34787

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    For Sale
    $1,150,000

    2 acres of commercial land with high traffic frontage.

    Property size:
    2 SF
    Lot size:
    2.50 Acres

    Property Features for 17108 West Colonial Dr

    General Information

    Size
    2 SF
    Lot size
    2.50 Acres

    Source: Ted Lightman, CCIM Agent Ted Lightman, CCIM

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

    Overview

    Prime Land on West Colonial

    This commercial land offers an excellent investment opportunity in a high-growth area. The property features approximately 885 feet of frontage on West Colonial Drive (SR 50) and experiences high traffic counts of 56,500 AADT. It is located approximately 1 mile east of the new Clermont Costco location on SR 50 and less than 1/4 mile from the Florida Turnpike. The property is also situated 1 mile east of the Lake County line. The total property size is approximately 2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Orange
    State
    Florida
    Longitude
    -81.6422248
    Latitude
    28.5466072

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    FAQs

    What type of property is this?
    Commercial land - 2 acres of commercial land with high traffic frontage.
    Where is this commercial land located?
    The property is located at 17108 West Colonial Dr Oakland, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - High traffic counts (56,500 AADT); - Boasts 885\u00b1 feet of frontage on West Colonial Drive (SR 50); - Less than 1/4 mile from the Florida Turnpike
    (407) 729-0813
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    17108 West Colonial Dr Oakland, FL 34787
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    Oakland, FL 34787
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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
    17108 West Colonial Dr Oakland, FL 34787
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