12200 Colonial Dr Winter Garden, FL 34787
- Office buildings
- 31,857 SF
- 1.77 lot acres
Current Use by Public Records
- Aleksander Lopatnyuk / Chiropractor
- Latin American Trading Services / Industrial Equipment Supplier
- The Rotella Group Inc / Commercial Real Estate Agency
- Dr. Hector L. Briceno, DMD / Oral Surgeon
- Wenczak Barbara MD / Plastic Surgeon
Property Details for 12200 Colonial Dr
- Year built
- 2000
- Lot size
- 1.77 lot acres
- Property size
- 31,857 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 25-22-27-0000-00-035
- APU
- 252227000000035
Description
This exceptional three-story Class B office building, totaling 31,857 square feet, presents a compelling investment opportunity in the thriving Southwest Orlando submarket of Winter Garden, Florida. Located at 12200 W Colonial Dr, 34787, this property boasts 28 suites across its 1.5 acres, offering a diverse range of office spaces suitable for executive, medical, and traditional office uses, including micro-office options. The building underwent renovations in 2018 and currently features 2,144 square feet of immediately available space. Conveniently situated approximately two blocks from I-429 and Florida Turnpike ramps, this location provides unparalleled access to all areas of Orlando. A short 10-minute drive to downtown Winter Garden and approximately 20 minutes from Downtown Orlando ensures easy commutes for tenants and clients. The building includes ample parking with a 5:1 ratio and features elevators for convenient access to all three floors. Zoned C2, this property offers significant potential for growth and return on investment. The building's strategic location, modern amenities, and flexible space options make it an ideal choice for a variety of businesses. This is a rare opportunity to acquire a well-maintained, high-demand office building in one of Central Florida's fastest-growing areas.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,315,000
- 6.5%
- $7,050,000
- 7%
- $8,580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,180,000
- Geo Method
- $6,585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,385,000
- Retail
- $7,685,000
- Mixed-Use
- $7,900,000
- Hospitality
- $7,795,000
- Educational
- $9,725,000
- Residential Income
- $7,000,000
- Energy
- $8,035,000
- Income-Based Land
- $7,070,000
- Food Service
- $9,525,000
Location Insight
- Map
- Local Demand
- City
- Winter Garden
- County
- Orange
- State
- Florida
- Longitude
- -81.5622
- Latitude
- 28.5507
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA