For Sale
$230,000

5205 Old Cheney HwyOrlando, FL 32807

0.42-acre lot, ideal for multifamily development.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.42-acre vacant land parcel, located at 5205 Old Cheney Highway in Orlando, Florida (zip code 32807), presents a remarkable investment opportunity. The property encompasses 18,236 square feet of clear and level land, perfectly suited for various development projects. Its strategic corner location offers excellent visibility and accessibility. The site benefits from its proximity to major highways, ensuring convenient commutes and efficient transportation links. Furthermore, the property is situated near a variety of amenities, including shopping centers, restaurants, and recreational facilities, enhancing its appeal and potential for attracting residents. The property is zoned for residential multifamily development, specifically duplexes, making it an attractive option for builders seeking to capitalize on the strong demand for housing in the area. A potential credit for impact fees may further enhance the financial viability of the project. This prime location and versatile zoning regulations combine to create a compelling investment opportunity with significant potential for future growth and profitability. Don't miss this chance to acquire a highly desirable piece of land in a thriving Orlando neighborhood.

Highlights

  • 0.42-acre vacant land parcel at 5205 Old Cheney Highway, Orlando, FL 32807.
  • 18,236 square feet of clear, level land ideal for development.
  • Excellent visibility and accessibility due to corner location and proximity to major highways.
  • Near shopping, restaurants, and recreation.
  • Zoned for multifamily residential development (duplexes).
  • Potential impact fee credits.

Property Details for 5205 Old Cheney Hwy

Property type
Land
Square Feet
18,236 SF
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Orlando
County
12095
State
Florida
Latitude
28.557432
Longitude
-81.31916
5205 Old Cheney Hwy, Orlando, Florida

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5205 Old Cheney Hwy
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