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    1145 Dennis Ave Orlando, FL 32807

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    For Sale
    Contact for pricing

    Orlando Industrial Land: 4 Acres

    Property size:
    687,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4-acre industrial land parcel in Orlando, Florida, presents a compelling investment opportunity. Located at the intersection of N Forsyth Rd and Old Cheney Hwy, this property boasts approximately 1,800 feet of frontage on N Forsyth Road and approximately 415 feet of frontage on Old Cheney Road. Its strategic location is just 0.26 miles south of E Colonial Drive, providing excellent access and visibility. The site is zoned C-3 and offers significant development potential. A Class "A" industrial development of approximately 100,000 square feet is feasible, given the current 6.5% industrial vacancy rate. Alternatively, the property could support a low-to-medium density residential development, potentially accommodating 50-70 units. Supporting this potential is the strong occupancy rate in the surrounding area: 94.9% of housing units within a one-mile radius are occupied, with 61% of those being renter-occupied, according to ESRI.com. The total land area is 687,032 square feet, offering ample space for a variety of development projects. This prime location and versatile zoning make this property an attractive prospect for developers seeking a high-return investment in a thriving market. The address is 1145 Dennis Ave, Orlando, FL 32807.

    Property Features for 1145 Dennis Ave

    General Information

    Property type
    Land
    Square Feet
    687,032 SF
    Lot Size
    174,240 SF

    HighLights

    • High‑profile corner lot at N Forsyth Rd and Old Cheney Hwy intersection.
    • Approximately 1,800 feet of frontage on N Forsyth Road.
    • Approximately 415 feet of frontage on Old Cheney Road.
    • Less than a quarter mile south of E Colonial Drive.
    • Zoned for approximately 100,000 square feet of Class A industrial development; current market vacancy rate is 6.5%.
    • Suitable for low- to medium‑density residential development (50‑70 units).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.295679
    Latitude
    28.563143

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    FAQs

    What type of property is this?
    Land - Orlando Industrial Land: 4 Acres
    Where is this land located?
    The property is located at 1145 Dennis Ave Orlando, FL.
    What are key features of this property?
    This property features: High-profile corner lot at N Forsyth Rd and Old Cheney Hwy intersection.; Approximately 1,800 feet of frontage on N Forsyth Road.; Approximately 415 feet of frontage on Old Cheney Road.
    Request Owner's contact information
    1145 Dennis Ave Orlando, FL 32807
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    Orlando, FL 32807
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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
    1145 Dennis Ave Orlando, FL 32807
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