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    Econlockhatchee Trl Orlando, FL 32829

    Sponsored
    For Sale
    $1,999,999

    18.64 Acres, East Orlando Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 18.64-acre parcel presents a remarkable opportunity for residential development in East Orlando. Strategically located off SR-417, with easy access to SR-528, SR-408, and SR-50, this property boasts significant potential. Currently zoned Planned Development (PD) by Orange County, the land offers substantial road frontage of approximately 1606 feet, with approximate dimensions of 1606’ x 178’ x 1280’ x 877’ x 208’. While a portion is wetland requiring mitigation, the site's proximity to established communities like Waterford Lakes and Lake Nona (Medical City), along with Orlando International Airport, UCF, and major theme parks, makes it highly desirable. The adjacent new EVERBE community by Pulte Homes further underscores the area's growth and potential. The property is offered fee simple, with a 2020 tax year assessment, lot number 17, and a total square footage of 811,958 (75,433 sq m). The asking price is $1,999,999, translating to $107,296 per acre. This represents a compelling investment for builders and developers seeking to capitalize on the burgeoning East Orlando market. Buyer is responsible for all due diligence. APN: 18-23-31-0000-00-017

    Property Features for 0 Econlockhatchee Trl

    General Information

    Property type
    Land
    Lot Size
    811,958 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.248999304683
    Latitude
    28.48280597958

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    FAQs

    What type of property is this?
    Land - 18.64 Acres, East Orlando Development
    Where is this land located?
    The property is located at Econlockhatchee Trl Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,999,999.
    Request Owner's contact information
    Econlockhatchee Trl Orlando, FL 32829
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    Orlando, FL 32829
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    Realmo Value Estimation

    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.

    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.

    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
    Econlockhatchee Trl Orlando, FL 32829
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