1720 Lake Downey Dr Orlando, FL 32825
Exceptional opportunity to acquire a prime 116,305 square foot commercial land parcel in Orlando, Florida. Located at 1720 Lake Downey Drive, this 2.67-acre lot boasts an enviable position on the hard corner of Highway 50 (East Colonial Drive) and Lake Downey Drive, ensuring exceptional visibility and accessibility for any development. The property benefits from a high daily traffic count exceeding 50,500 vehicles, and offers over 325 feet of road frontage along the busy Highway 50. Its strategic location between Dean and Rouse Roads provides convenient access to major transportation arteries, including less than 1.5 miles to both the 408 and 417 highways. Furthermore, the property's proximity to the University of Central Florida (UCF) and Valencia College adds significant long-term value. This versatile site is ideal for a variety of commercial uses, including outparcel development and build-to-suit projects. The asking price for this exceptional commercial land opportunity is $1,500,000. The property is zoned for commercial use (verification of zoning with local authorities is recommended).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.