This exceptional 0.91-acre commercial land parcel presents a unique infill development opportunity in Orlando, Florida. Located at 515 John Young Pkwy, in Orange County (zip code 32805), this level, rectangular site boasts 150 feet of highway frontage along a road with 50,000 average daily traffic. Its strategic position offers unparalleled accessibility, situated just 350 feet north of the major intersection of John Young Parkway and Old Winter Garden Road, and only 1000 feet north of the Highway 408 on/off ramp. This prime location is approximately two miles northwest of Orlando's central business district. The property is zoned C-1 by Orange County, allowing for a diverse range of commercial uses, including retail, automotive, parking facilities, light warehousing, and personal storage. Furthermore, its designation as a Qualified Opportunity Zone presents significant tax incentives for developers, making this an exceptionally attractive investment prospect. The asking price is $899,000. All offers are welcome.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$762,073
Hospitality
$698,055
Educational
$580,774
Medical
$600,747
Retail
$903,426
Location Insight
City
Orlando
County
Orange
State
Florida
Latitude
28.5473
Longitude
-81.4134
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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