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    Property profile & analytics
    OFF-MARKET Estimated value $6,870,000
    Strip malls

    7649 Colonial Dr, Orlando, FL 32818-6631

    23,898 SF 7.18 ac lot Built 2001
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US18-4571141
    Property summary
    AI-generated overview

    Westland Terrace, located at 7649 W Colonial Dr in Orlando, Florida (zip code 32818), presents a prime retail investment opportunity. This multi-tenant strip center boasts a substantial total building area of 252,883 square feet, with a significant 12,000 square feet currently available for lease. The property's strategic location in Orlando offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The existing tenancy is comprised of multiple businesses, creating a vibrant and thriving commercial environment. The available 12,000 square feet provides ample space for expansion or a new tenant looking to establish a strong presence in a high-traffic area. This property is situated at 28.5539802 latitude and -81.4879445 longitude. The property type is retail, specifically a strip center. This presents a unique chance to acquire a substantial portion of a well-established retail center in a dynamic Florida market. The 12,000 square foot space offers significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional opportunity further. Detailed property information and lease terms are available upon request.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2001
    Total area 23,898 SF
    Lot 7.18 ac (312,808 SF)
    Zoning code P-D
    APN 23-22-28-9200-00-080
    UPID US18-4571141
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Envious Salon Suites Hair Salon
    • UFC GYM Orlando Gym & Fitness Center
    • Avanti Hotel & Motel Bed & Breakfast
    • Hair Allure by Alexis Hair Salon
    • Judah Church Church
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.89M
    CAP Approach CAP
    $7.74M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $6.87M
    Owner & transaction history
    Konforte Westland Colonial LLC · 5 yrs held
    Konforte Westland Colonial LLC
    since 2020
    Last sale
    $5.3M
    3 recorded transactions
    2022
    2020
    $5.3M
    2013
    $4.0M
    Zoning & alternative use
    P-D · Orlando, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $5.2M +221.5%
    Office building $4.4M +174.8%
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