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    915 Colonial Dr Orlando, FL 32804

    For Sale
    $1,098,999

    .53-Acre Double Frontage Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.53-acre commercial property in Orlando, Florida, boasts 100 feet of frontage on West Colonial Drive and 50 feet on Cordova Drive. Located in Orange County (zip code 32804), this fee-simple land offers unparalleled versatility with permitted Commercial zoning. The asking price is $1,098,999, representing a land value of $2,000,000 per acre. Potential uses are extensive and include, but are not limited to: car lots, retail spaces, mixed-use developments, multifamily housing, apartment complexes, strip malls, office buildings, high-rise construction, industrial facilities, medical offices, restaurants, warehouses, parking lots, outdoor storage, billboards, and electric car charging stations. The property's APN is 23-22-29-1604-00-110. Owner financing is available with a 20% down payment

    Property Features for 915 Colonial Dr

    General Information

    Property type
    Land
    Lot Size
    23,087 SF

    HighLights

    • High‑visibility corner lot at 915 W Colonial Dr & 714 Cordova Dr, Orlando, FL 32804.
    • 100 ft of frontage on Colonial Drive and 50 ft on Cordova Drive.
    • Oversized 0.53‑acre lot.
    • Zoned for diverse commercial uses including retail, multifamily, office, and industrial.
    • Priced at $1,099,999 with negotiable owner financing terms and interest rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Law Firm 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
    -81.392305717775
    Latitude
    28.553027936635

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    FAQs

    What type of property is this?
    Land - .53-Acre Double Frontage Development Site
    Where is this land located?
    The property is located at 915 Colonial Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,098,999.
    What are key features of this property?
    This property features: High-visibility corner lot at 915 W Colonial Dr & 714 Cordova Dr, Orlando, FL 32804.; 100 ft of frontage on Colonial Drive and 50 ft on Cordova Drive.; Oversized 0.53-acre lot.
    Request Owner's contact information
    915 Colonial Dr Orlando, FL 32804
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    Orlando, FL 32804
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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
    915 Colonial Dr Orlando, FL 32804
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