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5015 Edgewater Dr Orlando, FL 32810

OFF-MARKET Commercial land Google Maps
3.5 ac lot
Entity Owned 13-yr Hold Free & Clear
Estimated value (blended)
$325k
Range $293k – $358k (±10%)
Property ID US18-5550203

Property summary

AI-generated overview

This exceptional 3.74-acre parcel presents a remarkable development opportunity in Orlando, Florida. Situated in an Opportunity Zone and boasting a C-3 zoning designation, this fee-simple property offers unparalleled flexibility for a diverse range of commercial and mixed-use projects. The expansive lot size allows for substantial development potential, catering to various needs. Permitted uses under the C-3 zoning include apartments, medical facilities and offices, assisted living, memory care, independent living facilities, storage and warehouse space, and hospitality ventures, as well as retail establishments. The property's address is 5015 Edgewater Dr, Orlando, FL 32810, with the APN listed as 03 22 29 5844 00 505. Its strategic location in Orange County provides excellent access to major transportation arteries and a thriving consumer base. This is a rare opportunity to acquire a significant land holding in a high-growth area, offering substantial returns for investors seeking to capitalize on the benefits of an Opportunity Zone designation. The property is classified as Class B and is currently designated as Land, Mixed Use, Retail, and Self Storage. An adjacent retail center is also available for purchase. This presents a unique chance to acquire a significant contiguous property portfolio.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.5 ac (152,425 SF)
Zoning code C-3
APN 03-22-29-5844-00-505
UPID US18-5550203

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2012
Price N/A

Zoning & alternative use

C-3 · Orlando, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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