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    818 E Colonial Dr Orlando, FL 32804

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    For Sale
    $2,399,000

    3,840 SF retail building with high visibility.

    Property size:
    3,840 SF
    Lot size:
    0.29 Acres

    Property Features for 818 E Colonial Dr

    General Information

    Size
    3,840 SF
    Lot size
    0.29 Acres

    Source: Saunders Commercial | Orlando Agent Rafael Mendez

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

    Overview

    Free Standing Retail Building

    This is a 3,840 square foot free-standing building constructed in 1982 and renovated in 1985. It features 14 parking spaces. The property is zoned MU-1/T, allowing for versatile commercial development. It benefits from high visibility with approximately 48,500 vehicles per day. This property presents a retail investment opportunity with ample space for diverse retail ventures.
    Insight Report Location Intelligence

    Current Use by Public Records

    VisionMax Optometrist

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.3668134
    Latitude
    28.5529938

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    FAQs

    What type of property is this?
    Retail space - 3,840 SF retail building with high visibility.
    Where is this retail space located?
    The property is located at 818 E Colonial Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - High visibility with ± 48,500 VPD; - Zoned MU-1/T for versatile commercial development; - 3,840 SF free standing building
    (407) 748-8970
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    818 E Colonial Dr Orlando, FL 32804
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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
    818 E Colonial Dr Orlando, FL 32804
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