646 Colonial Dr Orlando, FL 32803-4603
Property Lookup
Property profile & analytics
646 Colonial Dr Orlando, FL 32803-4603
- Investment properties
- 2,866 SF
- 0.14 lot acres
Property ID
US19-0859814
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wean & Malchow P.A. / Law Firm
- The Dawg Game / (Bike/Boat/Book/etc) Store / Pet Store
- Shields David G / Law Firm
- Graphic Signs Inc in Orlando / Marketing & Advertising / Advertising Agency
Property Details for 646 Colonial Dr
- Year built
- 1928
- Lot size
- 0.14 lot acres
- Property size
- 2,866 SF
- Zone code
- MU-1/T
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 25-22-29-7500-01-011
- APU
- 252229750001011
Description
This exceptional two-story office building, located at 646 W Colonial Dr in Orlando, Florida, presents a compelling investment opportunity. Boasting 2,219 square feet on a 5,317 square foot lot, this fee-simple property features nine versatile rooms, a full kitchen, and a spacious upstairs meeting area. Built in 1940, the building is situated in a high-traffic area with over 35,000 average daily vehicles passing by, ensuring excellent visibility and accessibility. Its strategic location between Edgewater and I-4, just blocks from Creative Village and the UCF/Valencia Downtown Campus, provides unparalleled convenience and exposure. The MU-1/T/PH zoning allows for a variety of business uses. The property includes six dedicated parking spaces. Previously occupied by successful businesses including an attorney's office, the Screen Actors Guild, and the Ticket Clinic, this building is ready for its next chapter. The asking price is $1,350,000. This is a rare chance to acquire a well-located, established office building in a thriving Orlando neighborhood. The property consists of two units within a single, two-story building.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,165,000
- ML approach
- $1,060,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $630,000
- 6.5%
- $580,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,086,000
- AI Estimate
- $749,000
Market price range: $767k - $1.32MMarket price range: $516k - $840k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $945,000 Current use
- AUTO REPAIR, GARAGE
- $955,000 Change: +1% Conversion: Difficult
- OFFICE BUILDING
- $895,000 Change: -5% Conversion: Easy
- RETAIL STORES
- $775,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.3688
- Latitude
- 28.5529
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,120
$218,712
$554,156
$772,868
-
$218,712
$554,156
$772,868
