2800 Sand Lake RdOrlando, FL 32819

Property Details for 2800 Sand Lake Rd

Year built

1998

Lot size

14.74 AC

Property size (Sq ft)

156,911 SF

Zone code

P-D

Property type

Retail space

APN

33-23-29-7457-00-001

APU

332329745700001

Description

This exceptional 1.24-acre commercial land parcel presents a unique investment opportunity in Orlando, Florida. Situated at 2800 W Sand Lake Rd, in Orange County (zip code 32819), this property boasts a highly desirable location within the thriving Sand Lake Corners shopping center. The site benefits from excellent visibility and accessibility, being near the signalized intersection of John Young Parkway and Sand Lake Rd, a prime retail and tourism corridor. Existing nearby businesses include major national retailers such as Lowe's, Walmart, PetSmart, Wendy's, Panda Express, McDonald's, Dunkin', and Dollar Tree, ensuring high traffic volume and strong consumer demographics. The property is less than two miles from International Drive and the Florida Mall, further enhancing its strategic location. Conceptual plans include a 4,395 square foot building and 29 parking spaces, providing ample room for development. This outparcel presents a rare chance to capitalize on the robust Orlando market and establish a successful commercial venture in a high-traffic, established retail environment. The property is offered for sale and is ready for immediate development.

• CAP approach

  CAP return

  Valuation

  6%

  $39,224,200

  6.5%

  $36,207,000

  7%

  $33,620,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,625,300

  Geo Method

  $25,625,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $68,739,300

  Mixed-Use / Specialty

  $36,832,700

  Hospitality / Lodging

  $28,005,600

  Office

  $37,400,000

  Institutional / Educational

  $38,560,900

  Residential Income

  $45,116,300

  Multifamily

  $49,925,700

  Automotive / Energy

  $33,052,200

  Parking / Income-Based Land

  $10,660,200

  Restaurant / Food Service

  $20,767,800

  Healthcare / Senior Housing

  $36,997,200

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.4488

Longitude

-81.4222

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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