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Retail Redevelopment Site with Restaurant
For Sale
Contact for pricing
Pending

451 E Altamonte Dr, Altamonte Springs, FL 32701

Redevelopment land offering includes an 8,048 SF Seasons 52 restaurant currently producing over $200,000 annually.

Lot Size17.00 Acres
Days on Market111

Property Features for 451 E Altamonte Dr

General Information

Standard status Pending
Lot size 17.00 Acres
Property subtype Retail
Listing Agency: Colliers - Orlando, Florida
Listed By: Michael Brewster · License #SL3280018
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 3:22PM

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 Colliers - Orlando, Florida

Investment Insights

Based on property information with market context.

Colliers Retail Capital Markets presents a redevelopment opportunity totaling over 17 acres at 451 E Altamonte Dr in Altamonte Springs, Florida. The property is the former Sears location at Altamonte Mall and is being offered for redevelopment in an established central Orlando community.

As part of the offering, the site includes an 8,048 SF Seasons 52 restaurant. The restaurant is stated to provide over $200,000 in annual revenue.

This offering combines a large redevelopment land component with an in-place restaurant use, creating a platform for buyers seeking to redevelop the former Sears footprint while retaining an operating asset.

Key Highlights

  • Over 17 acres of redevelopment land in Altamonte Springs, Florida
  • Former Sears at Altamonte Mall site in the established central Orlando community of Altamonte Springs
  • Includes an 8,048 SF Seasons 52 restaurant

Property Analytics

Current Use

Hollister Co. Men'S Clothing Store American Eagle Clothing Store Zumiez Clothing & Fashion Store PacSun Clothing Store Vans Clothing & Fashion Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Big Box & Wholesale Store Building Supply Food Market

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

2,460
Businesses Nearby
892k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 33% Dining 23% Groceries 18% Shops & Services 13%
AMC Altamonte Mall 18 Leisure
75,646 visits/mo 0.2 miles
JCPenney Apparel
68,694 visits/mo 0.3 miles
Macy's Apparel
63,614 visits/mo 0.3 miles
Dillard's Apparel
48,454 visits/mo 0.2 miles
Whole Foods Market Groceries
45,855 visits/mo 0.1 miles

Demographics for 32701, FL

23,265
Population
12,085
Households
1.9
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
4,154
Density / Sq Mi
$62,008
Median Household Income
$37,359
Median Earnings
$1,609
Median Rent
$258,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment land offering includes an 8,048 SF Seasons 52 restaurant currently producing over $200,000 annually.
Where is this commercial land located?
The property is located at 451 E Altamonte Dr Altamonte Springs, FL.
What are key features of this property?
This property features: Over 17 acres of redevelopment land in Altamonte Springs, Florida; Former Sears at Altamonte Mall site in the established central Orlando community of Altamonte Springs; Includes an 8,048 SF Seasons 52 restaurant
More about this property
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