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    7367 Colonial Dr Orlando, FL 32807

    For Sale
    $984,700

    2-Acre Retail Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.06-acre commercial land parcel in Orlando, Florida, presents a unique investment opportunity. Located at 7367 E Colonial Dr, in Orange County (APN: 14-22-30-0000-00-051), this property boasts a highly desirable location with over 50,000 cars passing daily, situated near a signalized intersection with even higher traffic counts. The site is surrounded by established national retailers, including McDonald's, CVS, Subway, Burger King, Sam's Club, Amscot, and Papa John's, ensuring high visibility and potential for strong tenant demand. Zoned RSTD C-2, it's ideal for retail development. While sewer access is available, the property includes wetlands requiring mitigation according to Orange County regulations. Recent comparable sales in the immediate area, including a half-acre lot selling for $1 million, underscore the significant investment potential. The asking price is $984,700, translating to $10.95 per square foot. This presents a compelling opportunity for savvy investors to capitalize on this high-traffic location, despite the need for wetland mitigation. The property is conveniently located 2.5 miles from the 408 highway, providing easy access to downtown Orlando. This is a rare chance to acquire a substantial parcel in a prime retail corridor.

    Property Features for 7367 Colonial Dr

    General Information

    Property type
    Land
    Lot Size
    89,734 SF

    HighLights

    • High‑traffic location with over 50,000 vehicles daily.
    • Sewer available on‑site.
    • Excellent location near national retailers (McDonald's, CVS, Subway, Burger King, Sam's Club, Amscot, Papa John's).
    • 2‑acre parcel zoned RSTD C‑2 for retail use; wetlands present requiring mitigation.
    • Strong investment potential supported by recent comparable sales, including a nearby half‑acre sale for $1 million.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.288262
    Latitude
    28.568846

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    FAQs

    What type of property is this?
    Land - 2-Acre Retail Lot, High Traffic
    Where is this land located?
    The property is located at 7367 Colonial Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $984,700.
    What are key features of this property?
    This property features: High-traffic location with over 50,000 vehicles daily.; Sewer available on-site.; Excellent location near national retailers (McDonald's, CVS, Subway, Burger King, Sam's Club, Amscot, Papa John's).
    Request Owner's contact information
    7367 Colonial Dr 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
    7367 Colonial Dr Orlando, FL 32807
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