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Commercial Redevelopment Land

517 West Colonial Drive, Orlando, FL 32804

For Sale
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O-2/T zoning supports professional and medical offices, financial institutions, multifamily housing, and small-scale retail.

Property SizeContact for details
Days on Market50

Property Features for 517 West Colonial Drive

General Information

Standard status Active
Property subtype Land, Retail, Office

Site & Location

Neighborhood Lake Dot
Listing Agency: CREA
Listed By: Ashley Walker · License FL SL3375578
Source: Crexi
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 12 at 6:28AM

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 CREA

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Investment Insights

Based on property information with market context.

This 0.60-acre commercial land parcel is located at 517 West Colonial Drive in Orlando. Its O-2/T zoning allows professional and medical offices, financial institutions, multifamily housing, and small-scale retail, providing several approved development options.

The property fronts West Colonial Drive, which carries 31,000 Annual Average Daily Traffic. I-4 access is approximately 0.3 miles east. HCA Florida Downtown Emergency is within approximately 0.2 miles, and Creative Village is about 0.3 miles south. The UCF/Valencia Downtown campus and LYNX Central Station are each within approximately 0.5 miles; the Orange County Courthouse is 0.7 miles away, and Orlando City Hall is 1.2 miles away.

Key Highlights

  • 0.60‑acre commercial parcel with O‑2/T zoning
  • Approved uses include professional and medical offices, financial institutions, multifamily, and small‑scale retail
  • Frontage on West Colonial Drive, with 31,000 Annual Average Daily Traffic

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Suarez Realty Inc. Real Estate Agency Suarez Law Group ... Law Firm Prcccf Association / Organization The Oppenheimer Law Group Law Firm Robles Cruz Law, ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Restaurant Fish Market Clothing & Fashion Store

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

3,370
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 57% Shops & Services 43%
7-Eleven Shops & Services
13,510 visits/mo 0.1 miles
Crowne Plaza Orlando-Downtown Hotels & Casinos
9,148 visits/mo 0.2 miles
Marriott Orlando Downtown Hotels & Casinos
7,512 visits/mo 0.5 miles
Residence Inn Orlando Downtown Hotels & Casinos
6,101 visits/mo 0.4 miles
Enterprise Rent-A-Car Shops & Services
3,193 visits/mo 0.5 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
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Market

Properties on Market for Commercial land in Orlando

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - O-2/T zoning supports professional and medical offices, financial institutions, multifamily housing, and small-scale retail.
Where is this commercial land located?
The property is located at 517 West Colonial Drive Orlando, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 0.60‑acre commercial parcel with O‑2/T zoning; Approved uses include professional and medical offices, financial institutions, multifamily, and small‑scale retail; Frontage on West Colonial Drive, with 31,000 Annual Average Daily Traffic
(407) 430-3462 Call to check price and availability
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