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    379 Fairbanks Ave Winter Park, FL 32789

    Sponsored
    For Sale
    $1,500,000

    Prime .26-acre C-3 zoned lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.26-acre commercial land parcel presents a remarkable development opportunity in the vibrant heart of Winter Park, Florida. Located at 379 W Fairbanks Ave, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial uses. The lot offers excellent street access and frontage on West Fairbanks Avenue, ensuring high visibility and convenient accessibility for potential businesses. Its strategic location places it within comfortable walking distance of the bustling Park Avenue district, renowned for its diverse selection of restaurants, shops, and entertainment venues. This infill site is perfectly positioned to capitalize on the area's thriving economy and strong demand for commercial space. The property is ideal for speculative ("spec") building projects or custom build-to-suit developments, catering to the specific needs of prospective tenants. With its prime location, favorable zoning, and significant development potential, this property represents a compelling investment opportunity in one of Florida's most sought-after communities. The asking price is $1,500,000. The property is situated in Orange County, Florida, with a zip code of 32789.

    Property Features for 379 Fairbanks Ave

    General Information

    Property type
    Land
    Lot Size
    11,326 SF

    HighLights

    • $1,500,000 asking price.
    • 0.26‑acre commercial land parcel.
    • C‑3 zoning.
    • Located at 379 W Fairbanks Ave, Winter Park, FL 32789.
    • Excellent infill site with frontage on W Fairbanks Ave, near Park Avenue's restaurants and shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.353835182348
    Latitude
    28.593118099342

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    FAQs

    What type of property is this?
    Land - Prime .26-acre C-3 zoned lot.
    Where is this land located?
    The property is located at 379 Fairbanks Ave Winter Park, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 0.26-acre commercial land parcel.; C-3 zoning.
    (407) 256-2844
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    379 Fairbanks Ave Winter Park, FL 32789
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    Winter Park, FL 32789
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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
    379 Fairbanks Ave Winter Park, FL 32789
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