Property profile

616 S Dillard St Winter Garden, FL 34787

FOR LEASE
Strip malls
Property ID
US18-2715816
11,584 SF 4.73 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0-acre commercial land parcel presents a unique investment opportunity in the thriving Winter Garden, Florida market. Located at 616 S Dillard St, Winter Garden, FL 34787 (28.55811232716072, -81.58366252731267), this property is zoned for commercial use, specifically catering to restaurant and retail establishments. The single-tenant nature of the land offers significant flexibility for developers or investors seeking a straightforward project. Its ideal location within Winter Garden ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a rapidly growing community. The property's flat terrain simplifies development, minimizing potential site preparation costs. This presents a blank canvas for a variety of commercial ventures, allowing for customized design and construction to meet specific business needs. Given its prime location and zoning, this land parcel is poised for substantial appreciation and offers a compelling return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land opportunity. Further details regarding zoning regulations and development possibilities are readily available upon request.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Total area 11,584 SF
Lot 4.73 ac (205,900 SF)
Zoning code C-2
APN 23-22-27-6504-03-033
UPID US18-2715816

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
  • Grocery & Convenience Store

Location

616 S Dillard St Winter Garden, FL 34787
Winter Garden metro Census 17302 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$855k
CAP Approach CAP
by Request
Comparable Approach Comparable
$860k
Blend (final) Blend
$855k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-2 · Winter Garden, FL
Zoning description

The purpose of C-2 zone is intended to apply to retail and professional service areas adjacent to and fronting on designated arterial streets and for the development of needed highway oriented commercial services

General category COMMERCIAL
Top alternative use upside
Industrial (general) $1.4M +79.4%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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