Motel with On-Site
New
For Sale
$8,500,000
2014 W COLONIAL Drive, Orlando, FL 32804
Commercial Sale, ORLANDO, FL
Property Size62,369 SF
Lot Size2.79 Acres
Price / SF$136.29
Days on Market3
Property Features for 2014 W COLONIAL Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
AC-2
Directions
Take E West Expy E/FL 408-E to exit 8A John Young Parkway. turn Left onto S. John young Parkway. Turn right on to W. Colonial Dr/ fL-50 Property is on the Right
Subdivision
32804 - Orlando/College Park
Standard status
Active
APN
27-22-29-0000-00-115
Size
62,369 SF
Lot size
2.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COMM AT POINT 75 FT S & 30 FT W OF NE COR OF NW1/4 OF NW1/4 OF SEC BEING S R/W LINE OF COLONIAL DR TH RUN W 170 FT FOR POB TH W 264.67 FT S 65.75 FT TH SLY 147.40 FT TH SWLY 41.77 FT TH SELY 34.39 FTTH S 54.08 FT E 474.85 FT N 171.38 FT W170 FT N 150 FT TO POB IN SEC 27-22-29
Tax Annual Amount
75120
Legal Description
COMM AT POINT 75 FT S & 30 FT W OF NE COR OF NW1/4 OF NW1/4 OF SEC BEING S R/W LINE OF COLONIAL DR TH RUN W 170 FT FOR POB TH W 264.67 FT S 65.75 FT TH SLY 147.40 FT TH SWLY 41.77 FT TH SELY 34.39 FTTH S 54.08 FT E 474.85 FT N 171.38 FT W170 FT N 150 FT TO POB IN SEC 27-22-29
Utilities
Cooling system
Central Air
Amenities
conference room
bar
pool
Building Details
Year built
1967
Building materials
Block, Brick
Listing Agency:
LJL REAL ESTATE, INC.
(407) 355-7889
Listed By:
Erik Lynch · License #3460839
(407) 694-0536
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 8:06AM
MLS# O6448580
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 107-room motel occupies a two-story, 54,106-square-foot building with exterior corridors and a manager’s living quarter. The property also includes an adjoining 6,227-square-foot restaurant and a 2,036-square-foot, single-story office, bringing total building area to 62,369 square feet. A conference room, interior bar, and outdoor pool are part of the property. Central air serves the building, which was constructed in 1967.
Recent work covered common-area furniture and carpet, along with guest bathroom flooring, vanities, and tubs; walls were also repainted. The site provides 138 parking spaces and is zoned AC-2. The property is in downtown Orlando, with the source noting business activity, resort-area visitors, and stadium event attendees in the surrounding context.
Recent work covered common-area furniture and carpet, along with guest bathroom flooring, vanities, and tubs; walls were also repainted. The site provides 138 parking spaces and is zoned AC-2. The property is in downtown Orlando, with the source noting business activity, resort-area visitors, and stadium event attendees in the surrounding context.
Key Highlights
- 107 guest rooms and a manager’s living quarter
- 62,369 square feet across motel, adjoining restaurant, and office space
- 138 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$293,290
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,865,800
$5.9M
Cap Rate 7%
$4,189,857
$4.2M
Cap Rate 9%
$3,258,778
$3.3M
Market Conditions
NOI Build-Up for 62,369 SF
Gross rent
$1.12M $18.00/SF
− Vacancy
−$505.2K −$8.10/SF
EGI
$617.5K $9.90/SF
− OpEx
−$324.2K −$5.20/SF
NOI
$293.3K $4.70/SF
Area
Orlando, FL
Vacancy
45.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,865,800
Cap Rate 7%
$4,189,857
Cap Rate 9%
$3,258,778
Alternative Uses
Best Use
Specialty Retail
$18.75M
$16.40M – $21.87M
NOI $1,312,211 @ 7.0% cap · market cap 15.44%
Second Best
Hotel Hospitality
$4.19M
$3.67M – $4.89M
NOI $293,290 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$20.09M
$17.58M – $23.44M
NOI $1,406,386 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,289
Businesses Nearby
32k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 31%
Electronics 9%
Hotels & Casinos 8%
Checkers
Dining
8,747 visits/mo
0.4 miles
Amscot
Shops & Services
4,923 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,715 visits/mo
0.4 miles
BP
Shops & Services
3,233 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
2,934 visits/mo
0.4 miles
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Motel - The two-story lodging property includes guest accommodations, a manager’s residence, office space, and shared amenities.
Where is this motel located?
The property is located at 2014 W COLONIAL Drive Orlando, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 107 guest rooms and a manager’s living quarter; 62,369 square feet across motel, adjoining restaurant, and office space; 138 parking spaces
