12615 International DrOrlando, FL 32821

  • Turn key restaurants
  • 2,862 SF

Property Details for 12615 International Dr

Lot size
1.88 AC
Property size (Sq ft)
2,862 SF
Zone code
P-D
Property type
Turn key restaurants
APN
23-24-28-6415-01-000
APU
232428641501000

Description

This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in the heart of Orlando, Florida. Strategically situated on International Drive, the property boasts significant frontage along this major tourist corridor, placing it within easy reach of Orlando's most popular attractions. Its central location offers unparalleled access to the area's theme parks, drawing millions of visitors annually. The property's proximity to Orlando Premium Outlets, one of the nation's top outlet malls, further enhances its appeal. The surrounding area is densely populated with timeshares and over 10,000 hotel rooms within a two-mile radius, ensuring a consistent flow of potential customers. Furthermore, the property's location is just ten minutes south of SeaWorld, which attracts over 3.05 million visitors each year, and only four miles from the Orlando Convention Center, a major draw for 1.4 million annual attendees. This prime location, combined with the significant acreage, makes this property ideal for a wide range of commercial developments, offering substantial potential for return on investment. The property is located in Orange County, Florida, with a 32821 zip code. This is a rare opportunity to acquire a substantial land parcel in one of Orlando's most dynamic and high-traffic areas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $899,819
    6.5%
    $830,602
    7%
    $771,274
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,132,538
    Geo Method
    $1,132,538
  • Alternative Use

    Use
    Valuation
    Residential
    $700,644
    Hospitality
    $641,786
    Educational
    $533,959
    Medical
    $552,322
    Retail
    $830,602

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.3853
Longitude
-81.4823
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
$21,612
$1,319,565
-
$1,319,565
-
$1,319,565
-
$1,319,565

FAQs

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