16123 Colonial Dr Oakland, FL 34787-9471
This single-story, 9,721 square foot commercial building, constructed in 2001 and renovated in 2023, offers flexible office and retail space in Oakland, Florida. Located on W Colonial Dr with direct highway frontage, the property boasts high visibility and easy access to major transportation routes, including Highway 50 and the Florida Turnpike. The building features four suites, with two currently vacant, totaling 4,524 contiguous square feet. Individual suites range from 1,884 to 2,411 square feet (approximately) and can be combined. Each suite includes private bathrooms and office areas, plus a storefront entrance. The building is classified as Class B and is zoned for commercial use. A tenant improvement allowance is available. The HVAC system is in good working order. The property is situated in a rapidly growing area, benefiting from ongoing redevelopment and its central location between Winter Garden and Clermont. This presents a unique opportunity for businesses seeking high-profile space in a thriving market. The minimum divisible space is 2,051 square feet, while the maximum contiguous space is 4,524 square feet. The property is located in Orange County, Florida, zip code 34787. This is an "as-is" offering.
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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, FLOakland. 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.