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    2506 Taylor Ave Orlando, FL 32806

    Sponsored
    For Sale
    $1,450,000

    Prime 0.39-acre lot, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    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 Features for 2506 Taylor Ave

    General Information

    Property type
    Land
    Lot Size
    16,988 SF

    HighLights

    • $1,450,000 asking price for a 0.39‑acre commercial/residential land parcel.
    • 0.79 acres total available (includes adjacent 0.40‑acre parcel also for sale).
    • Excellent walkability to SoDo Super Target shopping center.
    • Prime location: across from McDonald's, next to a preschool.
    • Less than one mile to Orlando Health Regional, Arnold Palmer, and Winnie Palmer Hospitals.
    • Convenient to restaurants, gyms, banks, and the SunRail station (1 mile).
    Property Profile Location Intelligence

    Current Use by Public Records

    Barr's Equipment Service Welding Supply Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.37742082
    Latitude
    28.51438522

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    FAQs

    What type of property is this?
    Land - Prime 0.39-acre lot, development potential.
    Where is this land located?
    The property is located at 2506 Taylor Ave Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: $1,450,000 asking price for a 0.39-acre commercial/residential land parcel.; 0.79 acres total available (includes adjacent 0.40-acre parcel also for sale).; Excellent walkability to SoDo Super Target shopping center.
    (407) 949-0731
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    2506 Taylor Ave Orlando, FL 32806
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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
    2506 Taylor Ave Orlando, FL 32806
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