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    16194 E Colonial Dr Orlando, FL 32820

    For Sale
    $500,000

    Commercial and agricultural mixed-use land in fast-growing East Orlando.

    Lot size:
    0.89 Acres

    Property Features for 16194 E Colonial Dr

    General Information

    Lot size
    0.89 Acres

    Source: CARRIGAN REALTY, INC. Agent Billy Bilegsaikhan

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

    Overview

    Commercial Land Near New Development

    This property offers an opportunity to own commercial and agricultural mixed-use land. It is located directly across from the upcoming new neighborhood, The Grow. The land is suitable for future retail, shopping, and service businesses. The average daily traffic count is 36,000 cars. This property is located in the fast-growing area of East Orlando.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.14022
    Latitude
    28.562791

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    FAQs

    What type of property is this?
    Commercial land - Commercial and agricultural mixed-use land in fast-growing East Orlando.
    Where is this commercial land located?
    The property is located at 16194 E Colonial Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Directly across from the upcoming new neighborhood "The Grow".; - Mixed-use land suitable for commercial and agricultural purposes.; - Ideal for future retail, shopping, and service businesses.
    (407) 489-2283
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    16194 E Colonial Dr Orlando, FL 32820
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    Orlando, FL 32820
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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
    16194 E Colonial Dr Orlando, FL 32820
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