Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Lot on West Road Title is generated by Realmo AI

    2100 WEST ROAD, Ocoee, FL 34761

    View on Map
    Claim this Listing
    For Sale
    $2,000,000

    Vacant commercial lot near shopping and golf club.

    Type:Land or Vacant Lot
    Lot size:
    3.08 Acres
    Added:
    Jan 23, 2022
    Days on Market:
    1594
    Last Refresh:
    May 10 at 8:46 pm

    Property Features for 2100 WEST ROAD

    General Information

    Standard status
    Active
    Lot size
    3.08 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    ALLISON PETRUCCELLI

    Listing agent ALLISON PETRUCCELLI License #3276863

    Listing office WHITECAP REALTY, LLC

    Listing date Jan 23, 2022

    Source Corcoran

    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 WHITECAP REALTY, LLC

    HighLights

    • Prime location: Vacant lot on West Rd, directly across from Fountains West Shopping Center (anchored by Publix).
    • High traffic: 11,200 Average Annual Daily Traffic (AADT) on West Rd.
    • Convenient access to 429.
    • High and dry land: Indicates desirable building conditions.
    • Close to Westin Bay Community.
    • Near Forest Lake Golf Club.

    Overview

    This vacant lot is located on West Road, directly across from the Fountains West Shopping Center, which is anchored by a Publix. It is situated in close proximity to the Westin Bay Community and the Forest Lake Golf Club. According to FDOT data from 2020, the annual average daily traffic (AADT) on West Road is 11,200. The property also offers close proximity to the 429 highway. The lot is high and dry. All information was obtained through public record.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocoee
    County
    Orange
    State
    Florida
    Longitude
    -81.5497
    Latitude
    28.6018

    Nearby Similar for Sale

    • $2,150,000
      7,568 SF

      Ocoee Industrial/Office/Medical Property For Sale

      Free-standing industrial/office/medical property near SR 429 and Highway 50.
      801 MARSHALL FARMS ROAD, OCOEE, FL 34761
      View Details
    • $1,100,000
      1,594 SF

      Development Ready Commercial Land

      2.22 acre commercial land in rapidly growing West Orange.
      911 MARSHALL FARMS ROAD, OCOEE, FL 34761
      View Details
    • $750,000
      1,434 SF

      Ocoee Restaurant Investment Opportunity

      Leased restaurant property in a high-growth Ocoee commercial area.
      1711 AMAZING WAY, OCOEE, FL 34761
      View Details
    • $1,000,000

      OCOEE, FL Land For Sale

      1.41 acre commercial land in Ocoee, Florida.
      1001 OCOEE APOPKA ROAD, OCOEE, FL 34761
      View Details
    • $239,900

      Sprawling Lot in Ocoee

      0.46-acre lot in rapidly growing Ocoee neighborhood.
      28 REWIS STREET, OCOEE, FL 34761
      View Details
    • $1,300,000

      Prime Commercial Lot in Ocoee

      Outstanding commercial lot with high visibility and versatile C-2 zoning.
      319 W SILVER STAR ROAD, OCOEE, FL 34761
      View Details
    • $675,000

      Commercial Land Near State Road

      3.38 acres of commercial land available off State Road 429.
      FOUNTAINS WEST BOULEVARD, OCOEE, FL 34761
      View Details
    • $2,600,000
      9,952 SF

      Renovated Mixed-Use Property in Ocoee

      Renovated mixed-use property with ample parking and commercial zoning.
      325 OCOEE APOPKA ROAD, OCOEE, FL 34761
      View Details
    • $1,100,000
      1,594 SF

      Commercial Land in West Orange

      2.22± acres of C-2 commercial land in Ocoee, Florida.
      911 MARSHALL FARMS ROAD, OCOEE, FL 34761
      View Details
    • $330,000
      1,404 SF

      Ocoee Townhome in Crestwood Heights

      Charming 3-bedroom townhome with modern amenities in gated community.
      1067 WICKERWOOD STREET, OCOEE, FL 34761
      View Details
    • Contact for pricing

      Ocoee Pad Ready Site

      Pad-ready site ideal for medical or corporate headquarters.
      2950 Maguire Rd, Ocoee, FL 34761
      View Details
    • $650,000

      Ocoee Commercial Land Available

      Commercial land parcel in vibrant healthcare community, Ocoee, Florida.
      1100 Blackwood Ave, Ocoee, FL
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot near shopping and golf club.
    Where is this commercial land located?
    The property is located at 2100 WEST ROAD Ocoee, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Prime location: Vacant lot on West Rd, directly across from Fountains West Shopping Center (anchored by Publix).; High traffic: 11,200 Average Annual Daily Traffic (AADT) on West Rd.; Convenient access to 429.
    (407) 592-8428
    We can help!
    Listing Contact
    ALLISON PETRUCCELLI
    Real Estate License ID: 3276863
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2100 WEST ROAD, OCOEE, FL 34761
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!