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Entitled Medical Office Development Land
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1415 S Binion Rd, Apopka, FL 32703

Commercial land at Binion Drive and SR 429, entitled for a planned medical office development.

Property SizeContact for details
Days on Market144

Property Features for 1415 S Binion Rd

General Information

Standard status Active
Property subtype Office
Listing Agency: Millenia Partners
Listed By: Ashley Walker · License #FL SL3375578
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:39PM

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 Millenia Partners

Investment Insights

Based on property information with market context.

This 3.4-acre commercial land tract is entitled for approximately 25,000 square feet of buildable medical office space. The planned development includes two buildings to be delivered in grey shell condition, with configurations ranging from 3,000 to 12,400 square feet. The larger building can accommodate an ambulatory surgery center, and delivery is estimated for late 2024 or early 2025.

The property occupies the corner of Binion Drive and SR 429 in Apopka, with access to Ocoee Apopka Road, which records 13,200 Annual Average Daily Traffic. New and planned multifamily communities surround the site, including Apex Luxury Apartments, Addison Farms, and a six-building, six-story multifamily complex under construction. AdventHealth Apopka Hospital is less than 3 minutes away, while the Lake Apopka Loop Trailhead and UF/IFAS Mid Florida Research & Education are less than 2 miles from the property.

Key Highlights

  • 3.4‑acre commercial land tract at Binion Drive and SR 429
  • Entitled for 25,000 SF +/- of buildable space
  • Two planned medical office buildings delivered in grey shell condition

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Auto Repair Shop Auto Parts Store Skin Care Clinic

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

118
Businesses Nearby

Demographics for 32703, FL

54,805
Population
22,033
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
87%
High-School Grad
32.1 sq mi
ZIP Area
1,707
Density / Sq Mi
$70,338
Median Household Income
$42,031
Median Earnings
$1,579
Median Rent
$314,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land at Binion Drive and SR 429, entitled for a planned medical office development.
Where is this commercial land located?
The property is located at 1415 S Binion Rd Apopka, FL.
What are key features of this property?
This property features: 3.4‑acre commercial land tract at Binion Drive and SR 429; Entitled for 25,000 SF +/- of buildable space; Two planned medical office buildings delivered in grey shell condition
(407) 430-3462 Call to check price and availability
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