14001 Colonial DrWinter Garden, FL 34787

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

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.

• 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

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