3755 Colonial DrOrlando, FL 32803

Property Details for 3755 Colonial Dr

Year built

2014

Lot size

0.92 AC

Property size (Sq ft)

3,799 SF

Zone code

AC-3

Property type

Banks

APN

20-22-30-8835-01-000

APU

202230883501000

Description

This exceptional 3,188 square foot retail space, situated on a 0.92-acre lot in Orlando, Florida's vibrant Orange County, presents a unique investment opportunity. Previously a bank branch, the single-tenant building offers significant potential for a variety of retail uses. The property boasts 24 parking spaces, ensuring ample convenience for customers and employees. Located at 3755 E Colonial Dr, Orlando, FL 32803, this freestanding building enjoys high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and brand recognition. The property's size and layout offer flexibility for customization to suit specific business needs. Its prime location within Orange County provides easy access to major transportation routes and a dense population base. This is a rare opportunity to acquire a well-positioned, freestanding retail property in a thriving market. The property's substantial parking provision further enhances its appeal to potential tenants. The address is 3755 E Colonial Dr, Orlando, FL 32803. This is a sublet opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,359,114

  6.5%

  $1,254,567

  7%

  $1,164,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,503,324

  Geo Method

  $1,503,324

• Alternative Use

  Use

  Valuation

  Residential

  $1,058,274

  Hospitality

  $969,374

  Educational

  $806,507

  Medical

  $834,244

  Retail

  $1,254,567

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5539

Longitude

-81.3379

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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