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    16123 Colonial Dr Oakland, FL 34787

    Sponsored
    For Lease
    Contact for pricing

    9,721 SF Office/Retail Available

    Lot size:
    9,721 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 9,721 square foot commercial building, constructed in 2001 and renovated in 2023, offers flexible office and retail space in Oakland, Florida. Located on W Colonial Dr with direct highway frontage, the property boasts high visibility and easy access to major transportation routes, including Highway 50 and the Florida Turnpike. The building features four suites, with two currently vacant, totaling 4,524 contiguous square feet. Individual suites range from 1,884 to 2,411 square feet (approximately) and can be combined. Each suite includes private bathrooms and office areas, plus a storefront entrance. The building is classified as Class B and is zoned for commercial use. A tenant improvement allowance is available. The HVAC system is in good working order. The property is situated in a rapidly growing area, benefiting from ongoing redevelopment and its central location between Winter Garden and Clermont. This presents a unique opportunity for businesses seeking high-profile space in a thriving market. The minimum divisible space is 2,051 square feet, while the maximum contiguous space is 4,524 square feet. The property is located in Orange County, Florida, zip code 34787. This is an "as-is" offering.

    Property Features for 16123 Colonial Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,721 SF
    Class
    B

    Building Details

    Year Built/Renovated
    2001/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 102
    Size
    4,524 SF
    Space
    Suite 103
    Size
    2,051 SF

    HighLights

    • Move‑in ready professional office suite.
    • Grease trap installed, ideal for restaurant use.
    • Features open workspace, private offices, and restrooms.
    • Strong tenant mix including Outdoor Living and Florida Institute of Neurology.
    • High visibility with frontage on Hwy 50 (34,000 AADT).
    • Less than one mile from the Florida Turnpike interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Complete Outdoor Living Outdoor Furniture Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Orange
    State
    Florida
    Longitude
    -81.6267126
    Latitude
    28.5517097

    Nearby Comparable

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      1 SF

      Costco Outparcels: Clermont, FL

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    Nearby Similar for Lease

    • Contact for pricing
      6,600 SF

      Retail Space Near Publix

      Retail space available in growing Horizon West community.
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    • $28 SF/Yr
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      Professional/Medical Office Space Available

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      301 S Tubb St, Oakland, FL 34760
      View Details

    FAQs

    What type of property is this?
    Restaurant - 9,721 SF Office/Retail Available
    Where is this restaurant located?
    The property is located at 16123 Colonial Dr Oakland, FL.
    What are key features of this property?
    This property features: Move-in ready professional office suite.; Grease trap installed, ideal for restaurant use.; Features open workspace, private offices, and restrooms.
    Request Owner's contact information
    16123 Colonial Dr Oakland, FL 34787
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    16123 Colonial Dr
    Oakland, FL 34787
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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
    16123 Colonial Dr Oakland, FL 34787
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