1145 Dennis Ave Orlando, FL 32807
- Commercial land
- 15.77 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1145 Dennis Ave
- Lot size
- 15.77 lot acres
- Zone code
- C-3
- Property type
- Commercial land
- APN
- 22-22-30-0000-00-249
- APU
- 222230000000249
Description
This exceptional 4-acre industrial land parcel in Orlando, Florida, presents a compelling investment opportunity. Located at the intersection of N Forsyth Rd and Old Cheney Hwy, this property boasts approximately 1,800 feet of frontage on N Forsyth Road and approximately 415 feet of frontage on Old Cheney Road. Its strategic location is just 0.26 miles south of E Colonial Drive, providing excellent access and visibility. The site is zoned C-3 and offers significant development potential. A Class "A" industrial development of approximately 100,000 square feet is feasible, given the current 6.5% industrial vacancy rate. Alternatively, the property could support a low-to-medium density residential development, potentially accommodating 50-70 units. Supporting this potential is the strong occupancy rate in the surrounding area: 94.9% of housing units within a one-mile radius are occupied, with 61% of those being renter-occupied, according to ESRI.com. The total land area is 687,032 square feet, offering ample space for a variety of development projects. This prime location and versatile zoning make this property an attractive prospect for developers seeking a high-return investment in a thriving market. The address is 1145 Dennis Ave, Orlando, FL 32807.
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
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.2957
- Latitude
- 28.5631
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
