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    1607 28Th St Orlando, FL 32805

    For Sale
    $375,000

    C-1 Zoned Commercial Land, $375,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.34-acre commercial lot, located at 1607 28th St, Orlando, FL 32805 (APN: 03-23-29-7436-08-291), presents a compelling investment opportunity. Currently generating income from an existing restaurant, this property is zoned C-1, allowing for a diverse range of commercial uses. Its prime corner location offers excellent visibility and accessibility, situated just minutes from Downtown Orlando. The substantial lot size provides ample space for redevelopment, making it ideal for entrepreneurs seeking to establish a new business or investors looking for a high-return project. The asking price is $375,000. This property is situated in Orange County, Florida, and its coordinates are 28.5136691 latitude and -81.4017272 longitude. The property's potential is significant, given its location and zoning, making it a rare find in the thriving Orlando market. Serious inquiries are encouraged.

    Property Features for 1607 28Th St

    General Information

    Property type
    Land
    Lot Size
    14,810 SF

    HighLights

    • Price: $375,000
    • Zoned C‑1 Commercial
    • Currently leased to a restaurant, producing income.
    • Prime location, minutes from Downtown Orlando
    • Excellent redevelopment potential
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4017272
    Latitude
    28.5136691

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    FAQs

    What type of property is this?
    Land - C-1 Zoned Commercial Land, $375,000
    Where is this land located?
    The property is located at 1607 28Th St Orlando, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Price: $375,000; Zoned C-1 Commercial; Currently leased to a restaurant, producing income.
    (407) 415-6754
    Request Owner's contact information
    1607 28Th St Orlando, FL 32805
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    Orlando, FL 32805
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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
    1607 28Th St Orlando, FL 32805
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