10131 Colonial DrOcoee, FL 34761

Property Details for 10131 Colonial Dr

Year built

2001

Lot size

1.10 AC

Property size (Sq ft)

22,828 SF

Zone code

C-2

Property type

Office buildings

APN

20-22-28-0000-00-051

APU

202228000000051

Description

This exceptional investment opportunity presents a two-building, Class B medical office complex in Ocoee, Florida. The West Orange Professional Center boasts a total of 46,780 square feet of leasable space, strategically situated at 10131 W Colonial Dr, 34761. Built in 2001, the property features two two-story buildings, offering multiple tenancy options. Its convenient location directly across from Orlando Health - Health Central Hospital provides unparalleled access to a significant patient base and medical professionals. The property benefits from ample parking, ensuring convenience for tenants and visitors. Excellent access to major roadways, including I-4, the Florida Turnpike, and State Road 408, enhances its appeal and accessibility. The property is zoned C1 & C2, allowing for a variety of commercial and medical uses. This well-maintained complex presents a strong investment opportunity for those seeking a prime location in a thriving medical corridor. The property's size and layout offer flexibility for various business needs, making it an ideal choice for established practices or new ventures seeking a high-visibility location. The combination of its prime location, ample parking, and convenient access to major transportation routes makes this property a highly desirable asset.

• CAP approach

  CAP return

  Valuation

  6%

  $5,096,520

  6.5%

  $4,704,480

  7%

  $4,368,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,584,680

  Geo Method

  $3,584,680

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,416,240

  Retail / Commercial

  $4,798,410

  Mixed-Use / Specialty

  $4,757,520

  Hospitality / Lodging

  $3,459,470

  Institutional / Educational

  $4,937,400

  Residential Income

  $5,776,760

  Multifamily

  $7,060,210

  Automotive / Energy

  $4,232,060

  Parking / Income-Based Land

  $1,483,930

  Restaurant / Food Service

  $2,423,650

  Healthcare / Senior Housing

  $4,903,140

Location Insight

City

Ocoee

County

Orange

State

Florida

Latitude

28.5523

Longitude

-81.5263

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].