2506 Taylor Ave Orlando, FL 32806
- Warehouses
- 5,648 SF
- 0.39 lot acres
Current Use by Public Records
- Barr's Equipment Service / Welding Supply Store / Welder
Property Details for 2506 Taylor Ave
- Year built
- 1964
- Lot size
- 0.39 lot acres
- Property size
- 5,648 SF
- Zone code
- AC-2/T/SP
- Property type
- Warehouses
- APN
- 02-23-29-1092-00-143
- APU
- 22329109200143
Description
This exceptional 0.39-acre corner lot in Orlando's vibrant SoDo district presents a compelling investment opportunity. Zoned AC-2/T/SP, this property offers significant potential for new residential construction or the development of Accessory Dwelling Units (ADUs). Its prime location boasts excellent walkability to the SoDo Super Target Shopping Center, placing it within easy reach of numerous amenities. The property sits directly across the street from a McDonald's and adjacent to a preschool, ensuring high visibility and convenient access to daily necessities. Furthermore, its proximity to major medical facilities, including Orlando Health Regional Medical Hospital, Arnold Palmer Hospital for Children, and Winnie Palmer Hospital for Women (all less than a mile away), adds to its desirability. The surrounding area is rich with restaurants, gyms, and banks, enhancing the overall appeal and convenience of this location. For added scale, an adjacent 0.40-acre parcel is also available for purchase, totaling approximately 0.79 acres of combined land. The property's location is also less than a mile from the SunRail station, providing convenient access to public transportation. The APN is 02-23-29-1092-00-143. The asking price for this remarkable property is $1,450,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $360,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $330,000
- Mixed-Use
- $395,000
- Hospitality
- $300,000
- Educational
- $320,000
- Residential Income
- $285,000
- Energy
- $285,000
- Income-Based Land
- $340,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3777
- Latitude
- 28.5144
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA