Technical
Financial
Distress signals
Property profile

7149 W Colonial Dr Orlando, FL 32818

FOR LEASE
Community centers
Property ID
US18-8405701
61,767 SF 6.01 ac lot Built 1993
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

Highland Lakes Center, located at 7149 W Colonial Dr in Orlando, Florida (zip code 32818), presents a significant retail opportunity. This established center, built in 1991, boasts a total of 508,390 square feet of retail space across multiple tenancies. The property sits on a substantial 65.42-acre lot and offers ample parking with 3,527 spaces. Currently, there are several spaces available, ranging in size from a minimum of 1,360 square feet to a maximum contiguous space of 6,000 square feet. The zoning is P-D, suitable for a variety of retail uses, including restaurants with drive-thru capabilities. The property's prime location in Orlando, Florida, ensures high visibility and accessibility for businesses. This is an excellent opportunity for businesses seeking a well-established location with significant space options and ample parking. The property's size and flexible space options make it ideal for a variety of retail concepts, from smaller boutiques to larger restaurants or retail chains. The expansive lot size also allows for potential future expansion or redevelopment. Interested parties should inquire about available space and lease terms.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1993
Total area 61,767 SF
Lot 6.01 ac (261,883 SF)
Zoning code P-D
APN 23-22-28-3581-00-013
UPID US18-8405701

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
  • Electric Vehicle Charging Station
  • Community Center

Location

7149 W Colonial Dr Orlando, FL 32818
Orlando metro Census 14904 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$1.92M

Owner & transaction history

Zoning & alternative use

P-D · 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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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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