Property summary
This exceptional 0.39-acre corner lot in Orlando's vibrant SoDo district presents a compelling investment opportunity. Zoned AC-2/T/SP, this property offers significant potential for new residential construction or the development of Accessory Dwelling Units (ADUs). Its prime location boasts excellent walkability to the SoDo Super Target Shopping Center, placing it within easy reach of numerous amenities. The property sits directly across the street from a McDonald's and adjacent to a preschool, ensuring high visibility and convenient access to daily necessities. Furthermore, its proximity to major medical facilities, including Orlando Health Regional Medical Hospital, Arnold Palmer Hospital for Children, and Winnie Palmer Hospital for Women (all less than a mile away), adds to its desirability. The surrounding area is rich with restaurants, gyms, and banks, enhancing the overall appeal and convenience of this location. For added scale, an adjacent 0.40-acre parcel is also available for purchase, totaling approximately 0.79 acres of combined land. The property's location is also less than a mile from the SunRail station, providing convenient access to public transportation. The APN is 02-23-29-1092-00-143. The asking price for this remarkable property is $1,450,000.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
AC-2/T/SP · Orlando, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for AC-2/T/SP in Orlando, FL.
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