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Freestanding Mixed-Use Redevelopment
For Sale
Contact for pricing
Pending

5565 Old Cheney Hwy, Orlando, FL 32807

Includes existing multifamily and retail, plus additional rear land for potential residential development.

Property SizeContact for details
Days on Market123

Property Features for 5565 Old Cheney Hwy

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use, Land
Listing Agency: Coldwell Banker Commercial NRT Maitland
Listed By: Shawn Jaffe · License #FL SL3303599
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT Maitland

Investment Insights

Based on property information with market context.

This mixed-use property offers a redevelopment framework with plans for 10 multifamily units alongside four existing residential units, plus a 3,305 SF retail strip center with equipment. A freestanding building totals 4,712 square feet and is fully occupied by tenants.

The site provides 17 surface parking spaces and has frontage to Old Cheney Hwy. The property is also described as two blocks from N. Semoran Blvd.

In addition to the frontage buildings, the property includes more than one acre on the back of the frontage building, identified for residential development.

Key Highlights

  • Redevelopment opportunity combining 10‑unit multifamily, 4 existing residential units, and a 3,305 SF retail strip center
  • Freestanding building totals 4,712 SF and is fully occupied with tenants
  • More than an acre available on the back of the frontage building for residential development

Property Analytics

Current Use

Valhalla Bakery Restaurant Chinchorro 75 Restaurant Dharma Southern Chick'n Restaurant Jenisprouts Garden Center Dharma Southern Kitchen Restaurant

Suggested Use

Top Pick Electrical Service Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,215
Businesses Nearby

Demographics for 32807, FL

34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes existing multifamily and retail, plus additional rear land for potential residential development.
Where is this mixed-use property located?
The property is located at 5565 Old Cheney Hwy Orlando, FL.
What are key features of this property?
This property features: Redevelopment opportunity combining 10‑unit multifamily, 4 existing residential units, and a 3,305 SF retail strip center; Freestanding building totals 4,712 SF and is fully occupied with tenants; More than an acre available on the back of the frontage building for residential development
More about this property
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