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Property profile

7042 Old Lake Wilson Rd Davenport, FL 33896

OFF-MARKET
Land
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8.07 ac lot

Property summary

AI-generated overview

This exceptional 8.065-acre commercial land parcel presents a unique investment opportunity in the thriving Davenport, Florida market. Located at 7042 Old Lake Wilson Rd, 33896, this General Commercial zoned property offers significant potential for development. Its strategic location directly adjoins a new, 712-unit luxury apartment complex (with half already completed), ensuring high visibility and immediate access to a substantial resident base. The property's proximity to major attractions further enhances its appeal. It's a short drive (15-20 minutes) to renowned destinations like Disney World, Animal Kingdom, Hollywood Studios, and SeaWorld, capitalizing on the area's robust tourism industry. Furthermore, its location near I-4, a major thoroughfare with over 130,000 vehicles daily, guarantees exceptional accessibility. The property benefits from its inclusion in the Polk County Transit Supportive Development Area (TSDA) and the Ronald Reagan Parkway Selected Area Plan (SAP). The seller is willing to subdivide the land to meet specific development needs, and off-site retention is included in the project. This presents a rare chance to acquire a sizable, well-situated commercial lot in one of Central Florida's fastest-growing areas. The asking price is $4,800,000.

Property profile

Verified
Property type Land
Lot 8.07 ac (351,311 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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