2864 Dowman Dr Apopka, FL 32712
- Commercial real estate
- 1,220 SF
- 5.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2864 Dowman Dr
- Year built
- 1987
- Lot size
- 5.00 lot acres
- Property size
- 1,220 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses three contiguous parcels totaling five acres at the highly visible southeast corner of Plymouth Sorrento Road and Dowman Drive in Apopka, Florida. The property boasts significant road frontage: 225 feet on Plymouth Sorrento Road and 999 feet on Dowman Drive, which is fully curbed and paved. The land's strategic location offers unparalleled visibility and accessibility. A 1,220 square foot, two-bedroom, two-bathroom home currently generates rental income, adding immediate cash flow to the investment. This property is ideally situated just half a mile from the new Publix supermarket at Kelly Park and the convenient Highway 429 on/off ramp within the Kelly Park interchange district. The property's exceptional location is further enhanced by its adjacency to the Wingspan Development Group project, a vibrant mixed-use development featuring restaurants, commercial and retail spaces, and a planned 368-unit multi-family apartment complex. The three parcels were originally divided for agricultural tax purposes. This presents a unique opportunity to capitalize on the rapid growth and development in this thriving Apopka area. The combination of existing rental income, prime location, and proximity to significant development projects makes this a compelling investment opportunity with substantial future potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Apopka
- County
- Orange
- State
- Florida
- Longitude
- -81.55889
- Latitude
- 28.76204
