4408 Old Winter Garden RdOrlando, FL 32811

Property Details for 4408 Old Winter Garden Rd

Year built

2000

Lot size

0.74 AC

Property size (Sq ft)

672 SF

Zone code

C-3

Property type

Office properties

APN

29-22-29-0000-00-055

APU

292229000000055

Description

This exceptional 0.77-acre commercial land parcel, located at 4408 Old Winter Garden Rd, Orlando, FL 32811 (APN 29-2229-0000-00-055), presents a compelling investment opportunity. Currently utilized as a used auto sales lot, this property boasts a highly visible location in Unincorporated Orange County, offering significant potential for diverse commercial ventures. The C-3 zoning allows for a wide array of commercial uses, providing flexibility for future development. The property's generous size provides ample space for expansion and customization to meet specific business needs. Its strategic location within Unincorporated Orange County offers advantages related to tax regulations and business-friendly policies. The Future Land Use designation is Commercial, further solidifying its long-term investment potential and aligning perfectly with the existing zoning. This prime location and flexible zoning make this a rare opportunity to acquire a highly desirable commercial property in a thriving area. The asking price is $950,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $150,029

  6.5%

  $138,488

  7%

  $128,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $105,524

  Geo Method

  $105,524

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $277,191

  Retail / Commercial

  $141,253

  Mixed-Use / Specialty

  $140,050

  Hospitality / Lodging

  $101,838

  Institutional / Educational

  $145,345

  Residential Income

  $170,054

  Multifamily

  $207,835

  Automotive / Energy

  $124,581

  Parking / Income-Based Land

  $43,683.40

  Restaurant / Food Service

  $71,346.40

  Healthcare / Senior Housing

  $144,336

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5471

Longitude

-81.4341

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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