10131 Colonial Dr Ocoee, FL 34761
- Office buildings
- 22,828 SF
- 1.10 lot acres
Current Use by Public Records
- Dr. John Orrego / Obstetrician-Gynecologist / Practitioner Service Location
- Nicole A. Swartz, MSPT / Physical Therapist
- Wong Stacey L / Physical Therapist
- Align to Shine Chiropractic - Ocoee / Chiropractor
- Samantha Xavier / Practitioner Service Location / Ophthalmologist
Property Details for 10131 Colonial Dr
- Year built
- 2001
- Lot size
- 1.10 lot acres
- Property size
- 22,828 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 20-22-28-0000-00-051
- APU
- 202228000000051
Description
This exceptional investment opportunity presents a two-building, Class B medical office complex in Ocoee, Florida. The West Orange Professional Center boasts a total of 46,780 square feet of leasable space, strategically situated at 10131 W Colonial Dr, 34761. Built in 2001, the property features two two-story buildings, offering multiple tenancy options. Its convenient location directly across from Orlando Health - Health Central Hospital provides unparalleled access to a significant patient base and medical professionals. The property benefits from ample parking, ensuring convenience for tenants and visitors. Excellent access to major roadways, including I-4, the Florida Turnpike, and State Road 408, enhances its appeal and accessibility. The property is zoned C1 & C2, allowing for a variety of commercial and medical uses. This well-maintained complex presents a strong investment opportunity for those seeking a prime location in a thriving medical corridor. The property's size and layout offer flexibility for various business needs, making it an ideal choice for established practices or new ventures seeking a high-visibility location. The combination of its prime location, ample parking, and convenient access to major transportation routes makes this property a highly desirable asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,740,000
- 6.5%
- $10,250,000
- 7%
- $10,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,965,000
- Geo Method
- $10,000,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,460,000
- Retail
- $9,735,000
- Mixed-Use
- $8,210,000
- Hospitality
- $7,670,000
- Educational
- $8,185,000
- Residential Income
- $7,665,000
- Energy
- $7,490,000
- Income-Based Land
- $8,585,000
- Food Service
- $7,375,000
Location Insight
- Map
- Local Demand
- City
- Ocoee
- County
- Orange
- State
- Florida
- Longitude
- -81.5263
- Latitude
- 28.5523
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
