15937 Colonial Dr Oakland, FL 34787-9273
Oakland Town Center offers an exceptional opportunity for businesses seeking new retail space in the rapidly growing Winter Garden/Oakland submarket of Florida. This Class A development, located at 15937 W Colonial Dr, Oakland, FL 34787, comprises six single-story buildings totaling over 90,790 square feet. Pre-construction leasing is available for qualified tenants, with estimated occupancy in late 2025 and 2026. Spaces are divisible to a minimum of 1,200 square feet, with a maximum contiguous space of 35,500 square feet. The development sits on 15 acres of land, offering ample parking (5 spaces per 1000 square feet). The property boasts a highly desirable C-1 zoning and benefits from excellent visibility and accessibility with full frontage on West Highway 50 (West Colonial Drive), experiencing high daily traffic volume of 35,000 vehicles. The location is strategically positioned near a new Tractor Supply store and a large church, ensuring high foot traffic and a strong customer base. The city is also finalizing a new road connecting the center directly to Oakland and Winter Garden, further enhancing accessibility and visibility. This development presents a unique opportunity to establish a presence in a thriving area with affluent demographics and strong growth potential within the Orlando Metropolitan Area. Build-to-suit options are available for qualified tenants, providing flexibility in design and space configuration. The project is part of a larger development plan, with future phases planned for 2026-2027.
The C-1, Commercial District is composed of lands and structures used primarily to provide for the retailing of commodities and the furnishing of selected services. The regulations are intended to permit and encourage a full development of essential commercial uses; at the same time, however, protecting nearby residential properties from adverse effects of c…
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 · Oakland, FLThe C-1, Commercial District is composed of lands and structures used primarily to provide for the retailing of commodities and the furnishing of selected services. The regulations are intended to permit and encourage a full development of essential commercial uses; at the same time, however, protecting nearby residential properties from adverse effects of commercial activity. 3.1.10 C-2, Commercial Restricted The C-2, Commercial Restricted District is composed of lands and structures used primarily to provide for low- intensity commercial businesses and also structures that provide a functional mix of low-intensity commercial and residential uses. An example of the latter type of development would be a two-story structure having a retail store on the first floor with loft apartments above. These regulations are intended to permit and encourage the full development of said businesses at the same time, however, protecting nearby residential properties from adverse effects of commercial activity. Town of Oakland Article 3 Zoning, Uses, and Design District Page 6 3.1.11 MUC, Mixed Use Corridor The Mixed-Use Corridor Zoning District is composed of lands and structures used for mixed use commercial, predominately with direct access to State Road 50. The regulations are intended to permit and encourage a vertical and horizontal mixed use developments that permit medium scale multi family, retail and commercial services that serve the Town and surrounding communities. 3.1.12 MUTC, Mixed Use Town Center The Town Center Mixed Use district is composed of lands and structures used for lower intensity mixed use development. The regulations are intended to permit and encourage a vertical and horizontal mixed-use development that permit small scale live/work, neighborhood retail and neighborhood commercial services that serve the Town and surrounding communities. 3.1.13 I-1, Industrial General The I-1, Industrial General District is composed of lands and structures used primarily to provide space for lower- intensity and smaller-scale industries which may be suitable for locations near residential structures. These regulations are intended to permit and encourage the full development of said businesses at the same time, however, protecting nearby residential properties from adverse effects of industrial activity.
No recorded transactions found for this property.
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.
