14902 Colonial DrOrlando, FL 32826

  • Retail space
  • 4,278 SF

Property Details for 14902 Colonial Dr

Year built
1985
Lot size
1.67 AC
Property size (Sq ft)
4,278 SF
Zone code
C-1
Property type
Retail space
APN
24-22-31-0000-00-027
APU
242231000000027

Description

This exceptional 1.82-acre ± site in Orange County presents a unique redevelopment opportunity. Located on East Colonial Drive, this single-tenant parcel is zoned C-1, offering flexibility for various commercial and residential uses. Its strategic location less than one mile from The Grow, a burgeoning 1,185-acre community encompassing 2,078 homes, 100,000 square feet of commercial space, and a 9-acre farm, ensures high visibility and strong potential for growth. The property's proximity to major retailers like ABC Fine Wine, Dollar Tree, Wawa, ALDI, Papa Johns, Dunkin', Ace Hardware, RaceTrac, and Pet Supermarket, further enhances its appeal. Incentives are available for qualified tenants. Furthermore, its location just 3.5 miles from the University of Central Florida, one of the nation's largest universities with over 68,000 students, provides access to a substantial and diverse population base. This property is ideal for redevelopment, a ground lease, or a build-to-suit project, with a suggested use as a medical marijuana dispensary. The surrounding established commercial landscape and proximity to a rapidly expanding residential community make this a compelling investment opportunity.

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5648
Longitude
-81.1621
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
$10,576
$397,985
$286,178
$684,163
-
$397,985
$286,178
$684,163

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