5507 Colonial DrOrlando, FL 32807

Property Details for 5507 Colonial Dr

Year built

1968

Lot size

0.44 AC

Property size (Sq ft)

1,788 SF

Zone code

C-2

Property type

Auto shops

APN

21-22-30-4828-00-221

APU

212230482800221

Description

This exceptional 2,400-square-foot flex/warehouse space presents a unique opportunity for businesses seeking a prime location in Gluckstadt, Mississippi. Built in 2023, the property boasts a single-tenant occupancy and offers immediate availability. The building's 2,400 square feet provide ample space for a variety of uses, combining office and warehouse functionality. Its strategic location offers excellent visibility from Highway 51, ensuring high traffic exposure and easy accessibility for customers and employees. The property sits on a generous 1.33-acre lot, providing ample room for expansion or outdoor storage. The building's modern construction ensures efficiency and functionality, making it an ideal space for a growing business. The property's classification as both retail and industrial allows for a wide range of potential uses, catering to diverse business needs. The Madison County location offers access to a thriving community and convenient transportation links. The property's APN is 082e-22-022/00.00. This is a rare opportunity to secure a brand-new, high-visibility commercial space in a desirable location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $624,495

  6.5%

  $576,457

  7%

  $535,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $707,540

  Geo Method

  $707,540

• Alternative Use

  Use

  Valuation

  Residential

  $486,263

  Hospitality

  $445,414

  Educational

  $370,579

  Medical

  $383,324

  Retail

  $576,457

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5561

Longitude

-81.3138

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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