Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    International Dr & Central Florida Pkwy Orlando, FL 32821

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    International Dr & Central Florida Pkwy Orlando, FL 32821

    View on Map
    • Land
    • 7.41 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 International Dr & Central Florida Pkwy

    Lot size
    7.41 lot acres
    Property type
    Land

    Description

    This exceptional 7.41-acre commercial land parcel presents a unique development opportunity in Orlando, Florida. Situated at the high-traffic intersection of International Drive and Central Florida Parkway (nearly 60,000 vehicles per day), this property boasts over 186 feet of frontage on International Drive. Its strategic location places it less than a mile from SeaWorld Orlando, Discovery Cove, and Aquatica, benefiting from the substantial tourism in the area. Orlando attracted 74 million visitors in 2022, solidifying its position as a leading U.S. travel destination. The property's PD zoning allows for diverse development options. The APN is 18-24-29-6275-01-000. This is one of the last developable parcels in this immediate vicinity, making it a rare and highly sought-after investment. The proximity to three major theme parks—SeaWorld Orlando, Discovery Cove, and Aquatica—provides unparalleled access to a massive pool of potential customers. This prime location, combined with its significant size and high visibility, presents an exceptional opportunity for substantial return on investment. The asking price for this remarkable property is $10,000,000. The address is International Drive & Central Florida Parkway, Williamsburg, Orange County, Florida, 32821.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.4567
    Latitude
    28.4032

    Comparable in this City

    • Value Estimation by Request
      3.83 Acres

      Apopka Vineland Rd

      Land • 3.83 Acres
      0 Apopka Vineland Rd, Orlando, FL 32821
      View Details
    • Value Estimation by Request
      1.23 Acres

      International Dr

      Land • 1.23 Acres
      0 International Dr, Orlando, FL 32821
      View Details
    • Value Estimation by Request
      0.54 Acres

      Us Hwy 17 & Snively Ave

      Land • 0.54 Acres
      0 Us Hwy 17 & Snively Ave, Orlando, FL 32821
      View Details
    • Value Estimation by Request

      13703 International Dr

      Land
      13703 International Dr, Orlando, FL 32821
      View Details
    • Value Estimation by Request
      7.27 Acres

      Apopka Vineland Rd

      Land • 7.27 Acres
      0 Apopka Vineland Rd, Orlando, FL 32821
      View Details
    • Value Estimation by Request
      2.56 Acres

      Apopka Vineland Rd

      Land • 2.56 Acres
      0 Apopka Vineland Rd, Orlando, FL 32821
      View Details

    Similar Nearby for Sale

    • $45,000
      1.18 Acres

      Vacant Land Near Disney

      Vacant land parcel near major roadways and restaurants.
      S Apopka Vineland Rd, Orlando, FL 32821
      View Details
    • $56,999

      1.37 Acre Unimproved Land Parcel

      1.37 acres of unimproved land near International Drive.
      000 International Dr, Orlando, FL 32821
      View Details
    • $227,000

      Land on International Drive

      Land available on International Drive in Orlando, Florida.
      146 International Dr, Orlando, FL 32821
      View Details
    • Contact for pricing

      Land in Orlando, Florida

      Land available at 12615 International Dr S, Orlando, FL 32821
      12615 International Dr S, Orlando, FL 32821
      View Details
    • Contact for pricing

      40 Acres Central Florida Land

      40 acres in Central Florida's sought-after corridor.
      FL-417 Toll, Orlando, FL 32821
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      South Apopka Vineland Rd, Orlando, FL 32821
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Land on International Drive

      1.39 acres available on International Drive in Orlando, Florida.
      12615 International Dr S, Orlando, FL 32821
      View Details
    • Contact for pricing

      4.15 AC Development Opportunity

      4.15 AC development available for lease, ground lease.
      8400 Vineland Ave, Orlando, FL 32821
      View Details
    • Contact for pricing
      1,500 SF

      Grocery Anchored Shopping Center Space

      Retail space in tourist area near Vineland Premium Outlets.
      8111-8155 Vineland Ave, Orlando, FL 32821
      View Details
    • Contact for pricing

      Turnkey Restaurant Space in Orlando

      470 SF turnkey food court space in Orlando tourism corridor.
      15771 Kissimmee Vineland Rd, Orlando, FL 32821
      View Details
    • Contact for pricing
      1,815 SF

      Retail Space on Westwood Boulevard

      Retail space available for rent in Orlando, Florida.
      6121-6175 Westwood Blvd, Orlando, FL 32821
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    International Dr & Central Florida Pkwy
    Orlando, FL 32821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!