15551 W Colonial Drive Oakland, FL 34787
Shovel-ready mixed-use development site in a high-traffic commercial corridor.
Property Features for 15551 W Colonial Drive
General Information
- Standard status
- Active
- Size
- 32,117 SF
- Property subtype
- MF, OFC, SCR, V
Listing office Saunders Real Estate (863) 648-1528
Listing date Nov 27, 2025
Source Realnex
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All listing content including descriptions, pricing, images are the copyrighted material of Saunders Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Shovel‑ready mixed‑use development site.
- Prime location in Oakland, Florida, in a high‑traffic commercial corridor connecting Lake and Orange County.
- Zoned PD - FLU: Mixed Use Activity Center.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $770.8k | $24.00 |
| − Vacancy | −$92.5k | −$2.88 |
| EGI | $678.3k | $21.12 |
| − OpEx | −$254.4k | −$7.92 |
| NOI | $423.9k | $13.20 |
