Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11029-11187 W Colonial Dr Ocoee, FL 34761

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Neighborhood retail center with high visibility and strong vehicular exposure.

    Property size:
    3,600 SF
    Lot size:
    14.82 Acres

    Property Features for 11029-11187 W Colonial Dr

    General Information

    Size
    3,600 SF
    Lot size
    14.82 Acres

    We can help!

    Listing Contact
    Janet Galvin
    Source: Moodyscre

    Listing Agency: Archon Commercial Advisors Listing Agent: Janet Galvin

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

    Learn more

    Overview

    Retail Space in Towne Square

    Towne Square is a neighborhood retail center that features a mix of retail and service-oriented businesses. The property benefits from visibility along the high-traffic West Colonial corridor and easy access to State Road 429. The location benefits from strong vehicular exposure and a dense surrounding residential population. The property is professionally managed. The available space is suitable for retailers seeking a community-centered location in the Orlando metropolitan area. The property has a size of 750 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Ocoee Corners, Village Marketplace Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Ocoee
    County
    Orange
    State
    Florida
    Longitude
    -81.5427802
    Latitude
    28.5531028

    Nearby Similar for Lease

    • $8,500 /Mo
      4,040 SF

      Freestanding Ocoee Industrial/Office/Medical Property

      Industrial/Office/Medical property seconds from SR 429 and Highway 50.
      801 Marshall Farms Rd, Ocoee, FL 34761
      View Details
    • $45 SF/Yr
      4,361 SF

      Renovated Ocoee Commercial Space

      Renovated 4,361 SF commercial space with contractor yard.
      644 Maguire Road Ext, Ocoee, FL 34761
      View Details
    • $5,283 /Mo
      904 SF

      Salon Spa Suite in Ocoee

      Meticulously designed suite with modern interior, ideal for various uses.
      1711 Amazing Way, Ocoee, FL 34761
      View Details
    • $11,988 /Mo
      43,560 SF

      Ocoee Warehouse Space Available

      Warehouse space for lease in Ocoee, Florida.
      532 N Bluford Ave, Ocoee, FL 34761
      View Details
    • $999 /Mo
      800 SF

      Ocoee Warehouse Space Available

      800 SF warehouse space with private bath, utilities included.
      532 N Bluford Ave, Ocoee, FL 34761
      View Details
    • Contact for pricing

      Retail Center Anchored by Publix

      Neighborhood retail center with strong visibility and convenient access.
      8805 West Colonial Dr, Ocoee, FL 34761
      View Details
    • Contact for pricing

      Retail Space Near West Oaks

      Retail space with high visibility and multiple access points.
      9537-49 W Colonial Dr, Ocoee, FL 34761
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Ocoee Center

      Retail space available in an attractive, Publix-anchored shopping center.
      2524-2644 Maguire Rd, Ocoee, FL 34761
      View Details
    • Contact for pricing
      1,700 SF

      Retail Outparcel in Ocoee, FL

      Retail space available in affluent Ocoee and Windermere markets.
      2450 Maguire Rd, Ocoee, FL 34761
      View Details
    • Contact for pricing
      1,663 SF

      Ocoee Office Space Available

      1314 square feet of office space for lease.
      2910 Maguire Rd, Ocoee, FL 34761
      View Details
    • Contact for pricing
      2,250 SF

      Retail Space in Ocoee, FL

      Neighborhood center with retail space for lease in Ocoee.
      100 West Silver Star Rd, Ocoee, FL 34761
      View Details
    • Contact for pricing
      23,563 SF

      Industrial Space Near Orlando Beltway

      Industrial property with design features, convenient location, and varied configurations.
      1290 Ocoee Apopka Rd, Ocoee, FL 34761
      View Details

    FAQs

    What type of property is this?
    Shopping center - Neighborhood retail center with high visibility and strong vehicular exposure.
    Where is this shopping center located?
    The property is located at 11029-11187 W Colonial Dr Ocoee, FL.
    What are key features of this property?
    This property features: - High-traffic location on West Colonial Drive.; - Easy access from State Road 429.; - Anchored by established tenants.
    (407) 484-9562 Call to check price and availability
    Request Owner's contact information
    11029-11187 W Colonial Dr Ocoee, FL 34761
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11029-11187 W Colonial Dr
    Ocoee, FL 34761
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    11029-11187 W Colonial Dr Ocoee, FL 34761
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Janet Galvin
    (407) 484-9562 (407) 278-5535
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!