11029 Colonial Dr Ocoee, FL 34761-2976
For Lease
This exceptional retail opportunity is located at 11029 W Colonial Dr, Ocoee, FL 34761, a high-visibility location at the southwest corner of Maguire Road and State Road 50. The Towne Square Shopping Center offers a total of 126,374 square feet of retail and office space, currently featuring Old Time Pottery and My Salon Suites as anchor tenants. This prime location benefits from significant traffic volume due to its busy intersection placement. Currently, there are 750 square feet of immediately available space, ideal for a variety of retail uses. The minimum divisible space is 750 square feet, with a maximum contiguous space also of 750 square feet. The property consists of a single building with one suite currently available. Additional space of approximately 1400 square feet is coming soon. This presents a unique chance to establish a presence in a thriving retail center with strong existing tenants and high foot traffic. The property is situated in Ocoee, Florida, offering excellent access to a large consumer base. Inquire today to learn more about this exciting opportunity.
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C-3 General Commercial Industrial Districts: I-1 Light Manufacturing and Warehousing I-2 Heavy Industrial Planned Unit Develo pment (PUD) District B. District Descriptions Following is a description of each district: ( 1 ) A-1 General Agricultural District. This district is intended to provide ar eas primarily for agricultural uses. It is the purpose of this…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Ocoee, FLC-3 General Commercial Industrial Districts: I-1 Light Manufacturing and Warehousing I-2 Heavy Industrial Planned Unit Develo pment (PUD) District B. District Descriptions Following is a description of each district: ( 1 ) A-1 General Agricultural District. This district is intended to provide ar eas primarily for agricultural uses. It is the purpose of this district to protect such uses from unplanned urbanization so long as the land therein is devoted primarily to agricultural uses. This district is primarily intended for areas shown on the Future Land Use Map as "Low Density Resident ial". As the most restrictive district in the City, this district is also appropriate for areas designated on the Future Land Use Map as "Water", "Conservation", and "Recreation". Where appropriate to the situation, this district may also be appropriate for areas designated as "Institutional/Government". Where the Official Zoning Map is unclear as to the zoning distri ct applicable to a parcel of land, or where land is newly annexed, the provisi ons of this district shall govern pending the determination of an appropri ate district through the rezoning procedure. (2) A-2 Suburban District. This district is intended to provi de a location for the land situated on the fringe of the urban area that is used fo r agricultural purposes, but will be undergoing urbanization in the near future. Many tracts in this district will be in close proximity to residential and commercial uses. Therefore, the agricultural activities conducted in this district should not be detrimental to urban land uses. It is not intended that this district provide a location for a lower standard of residential, commercial or industrial development than is authorized in other districts. The types of uses, required area and intensity of use of land which is permitted in this district is designed to encourage and protect agricultural uses so long as the land therein is devoted primarily to agriculture. This district is primarily intended for areas shown on the Future Land Use Map as "Low Density Residential". (3) RCE-1 and RCE-2 Rural Country Estates Districts. These districts are intended to provide a location for the land situated on the fringe of the urban area that is used primarily for residential purposes, but will allow secondary agricultural uses. Many tracts in these districts will be in close proximity to higher density residential and commercial uses. Therefore, the agricultural activities conducted in these districts should not be detrimental to urban land uses.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.