Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    18049 Old Cheney Hwy Orlando, FL 32820

    For Sale
    $895,000

    Vacant land with potential for commercial or residential development.

    Lot size:
    4.60 Acres

    Property Features for 18049 Old Cheney Hwy

    General Information

    Lot size
    4.60 Acres

    Source: CARRIGAN LAND GROUP, LLC Agent Dylan Bynum

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

    Overview

    4.6 Acres Zoned Residential

    This property features 4.6 acres of vacant land currently zoned R-T-2 residential. The owner has completed the necessary steps with the county to change the zoning to commercial. A conservation area determination has been completed. Orange County is open to approving the zoning to C-1 commercial based on the user. The property has 450 feet of frontage on Old Cheney Highway and has potential for a retail commercial building or residential development. Over 2,000 homes have been approved in The Grow 'agri-hood' development located approximately 1.5 miles to the west. The property is positioned for investment as development continues east on SR50.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop Department Store Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.10974
    Latitude
    28.555607

    Nearby Similar for Sale

    • $490,000
      1,501 SF

      Renovated Orlando Duplex Investment Opportunity

      Fully renovated duplex in Orlando with income potential.
      96 W Esther St, Orlando, FL 32806
      View Details
    • $1,850,000
      4,121 SF

      Lakefront Estate with Development Potential

      Orlando triplex on 11.5 acres with lake access and development potential.
      16692 Lake Pickett Rd, Orlando, FL 32820
      View Details
    • $1,799,000
      1,176 SF

      Orlando Multifamily Investment Opportunity

      Six townhouses in Orlando, ideal for investors, close to attractions.
      11110 Essex Ridge Ct, Orlando, FL 32837
      View Details
    • $1,300,000
      3,263 SF

      College Park Income-Producing Quadruplex

      Four-unit property in College Park, ideal for investors.
      2223 Amherst Ave, Orlando, FL 32804
      View Details
    • $525,000
      2,393 SF

      Orlando Duplex with Recent Remodel

      Remodeled Orlando duplex, each unit with 2 beds and 2 baths.
      4711 Eggleston Ave, Orlando, FL 32804
      View Details
    • $1,495,500
      3,453 SF

      Orlando Luxury Income Property

      New construction duplex near Orlando Health, generating rental income.
      239 E Harding St, Orlando, FL 32806
      View Details

    FAQs

    What type of property is this?
    Land - Vacant land with potential for commercial or residential development.
    Where is this land located?
    The property is located at 18049 Old Cheney Hwy Orlando, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - 4.6 Acres with Potential for C-1 Commercial Zoning: Orange County is open to approving the zoning change, offering significant development flexibility.; - 450 ft Frontage on Old Cheney Hwy: Provides excellent visibility and accessibility.; - Located Near 'The Grow' Agri-hood Development: Situated just 1.5 miles from a new development with 2,000+ approved homes, indicating high growth potential.
    (407) 462-1039
    Request Owner's contact information
    18049 Old Cheney Hwy Orlando, FL 32820
    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.
    18049 Old Cheney Hwy
    Orlando, FL 32820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    18049 Old Cheney Hwy Orlando, FL 32820
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.