15937 Colonial DrOakland, FL 34787

  • Commercial land
  • 1.63 AC

Property Details for 15937 Colonial Dr

Lot size
1.63 AC
Zone code
C-1
Property type
Commercial land
APN
21-22-27-8278-02-000
APU
212227827802000

Description

Oakland Town Center offers an exceptional opportunity for businesses seeking new retail space in the rapidly growing Winter Garden/Oakland submarket of Florida. This Class A development, located at 15937 W Colonial Dr, Oakland, FL 34787, comprises six single-story buildings totaling over 90,790 square feet. Pre-construction leasing is available for qualified tenants, with estimated occupancy in late 2025 and 2026. Spaces are divisible to a minimum of 1,200 square feet, with a maximum contiguous space of 35,500 square feet. The development sits on 15 acres of land, offering ample parking (5 spaces per 1000 square feet). The property boasts a highly desirable C-1 zoning and benefits from excellent visibility and accessibility with full frontage on West Highway 50 (West Colonial Drive), experiencing high daily traffic volume of 35,000 vehicles. The location is strategically positioned near a new Tractor Supply store and a large church, ensuring high foot traffic and a strong customer base. The city is also finalizing a new road connecting the center directly to Oakland and Winter Garden, further enhancing accessibility and visibility. This development presents a unique opportunity to establish a presence in a thriving area with affluent demographics and strong growth potential within the Orlando Metropolitan Area. Build-to-suit options are available for qualified tenants, providing flexibility in design and space configuration. The project is part of a larger development plan, with future phases planned for 2026-2027.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,040,182
    Hospitality
    $14,692,720
    Educational
    $12,224,171
    Medical
    $12,644,579
    Retail
    $19,015,376

Location Insight

City
Oakland
County
Orange
State
Florida
Latitude
28.5515
Longitude
-81.6238
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
$16,378
$924,794
-
$924,794
-
$924,794
-
$924,794

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