14902 E Colonial Dr Orlando, FL 32826
For Lease
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This exceptional 1.82-acre ± site in Orange County presents a unique redevelopment opportunity. Located on East Colonial Drive, this single-tenant parcel is zoned C-1, offering flexibility for various commercial and residential uses. Its strategic location less than one mile from The Grow, a burgeoning 1,185-acre community encompassing 2,078 homes, 100,000 square feet of commercial space, and a 9-acre farm, ensures high visibility and strong potential for growth. The property's proximity to major retailers like ABC Fine Wine, Dollar Tree, Wawa, ALDI, Papa Johns, Dunkin', Ace Hardware, RaceTrac, and Pet Supermarket, further enhances its appeal. Incentives are available for qualified tenants. Furthermore, its location just 3.5 miles from the University of Central Florida, one of the nation's largest universities with over 68,000 students, provides access to a substantial and diverse population base. This property is ideal for redevelopment, a ground lease, or a build-to-suit project, with a suggested use as a medical marijuana dispensary. The surrounding established commercial landscape and proximity to a rapidly expanding residential community make this a compelling investment opportunity.
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ATM Atm
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U.S.A FIREWORKS Big Box & Wholesale Store Party Supply Store
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Rapid Covid Now Medical Clinic
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Orlando, FLOrlando. Always verify with local authorities before improvements.
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.