14001 Colonial DrWinter Garden, FL 34787
- Retail properties
- 15,792 SF
Property Details for 14001 Colonial Dr
- Year built
- 1986
- Lot size
- 17.02 AC
- Property size (Sq ft)
- 15,792 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 22-22-27-9386-01-000
- APU
- 222227938601000
Description
This ±209,032 square foot, Class B, single-story shopping center is located at 14001 W. Colonial Dr, Winter Garden, FL 34787. The property boasts a strong tenant mix including Aldi, Harbor Freight Tools, Dollar General, and the Orange County Tax Collector. With 25 suites totaling 209,032 square feet, there are currently 3,000 square feet of vacant space available, with individual spaces ranging from 1,367 to 8,850 square feet. The maximum contiguous space available is 3,000 square feet. Situated on a high-traffic 6-lane divided highway (West Colonial Drive/State Road 50), the center sees an estimated 44,000 cars daily. The property benefits from a dense population base, with over 103,000 people residing within a five-mile radius, exhibiting an average household income of $70,500. The center is conveniently located approximately 14 miles from downtown Orlando, providing excellent access to a large consumer base. Currently, the center is 87% leased, presenting a compelling opportunity for retail businesses seeking a prime location in the thriving Winter Garden market. This grocery-anchored center is in the heart of the West Colonial submarket, offering strong visibility and accessibility.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,573,014
- 6.5%
- $4,221,244
- 7%
- $3,919,726
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,249,141
- Geo Method
- $6,249,141
-
Alternative Use
- Use
- Valuation
- Residential
- $3,560,777
- Hospitality
- $3,261,652
- Educational
- $2,713,657
- Medical
- $2,806,984
- Retail
- $4,221,244
Location Insight
- City
- Winter Garden
- County
- Orange
- State
- Florida
- Latitude
- 28.5523
- Longitude
- -81.5938
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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