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15400 W Colonial Dr - Tucker Oaks East Parcel 4.71 Acres of Commercial Land Offered at $4,450,000 in Winter Garden, FL 34787



Investment Highlights
- Rare Commercial parcel on Main W Colonial Drive (Hwy 50) in Winter Garden
- Condo documentation in place, buyer may purchase individual condo lots or entire project.
- 4.71 Acres, partially developed, plans approved for 5 buildings totaling +/- 29,000 SF
- Average traffic count in front of property 38,000 vehicles per day.
Executive Summary
Rare opportunity to secure prime development opportunity on main Hwy 50 in Winter Garden (West Orlando, FL). Winter Garden is one of the fastest growing and most sought-after cities of the Greater Orlando Metropolitan area, with Hwy 50 being the main thoroughfare with quick connections to the Florida Turnpike, East-West Expressway (408) and the 429.
Parcel presently has approved plans for 5 independent buildings; which may be built in phases or together. condo documentation is in place; Buyer may purchase entire parcel with or without project or buy individual condo lots:
Phase 1 - lot ask $1,200,000 approved for 5,905 SF
Phase 2- lot ask $1,050,000 approved for 6,480 SF
Phase 3- lot ask $1,000,000 approved for 7,200 SF
Phase 4- lot ask $600,000 approved for 4,800 SF
Phase 5- lot ask $650,000 approved for 4,800 SF
Lots priced by appraised value less amount remaining to complete development.
Entire parcel 4.71 acres approved for 29,000 SF available for $4.45 million.
Permit for working around an Eagles Nest, on back corner of parcel in place.
Please contact listing agent for plans and further details.
Parcel presently has approved plans for 5 independent buildings; which may be built in phases or together. condo documentation is in place; Buyer may purchase entire parcel with or without project or buy individual condo lots:
Phase 1 - lot ask $1,200,000 approved for 5,905 SF
Phase 2- lot ask $1,050,000 approved for 6,480 SF
Phase 3- lot ask $1,000,000 approved for 7,200 SF
Phase 4- lot ask $600,000 approved for 4,800 SF
Phase 5- lot ask $650,000 approved for 4,800 SF
Lots priced by appraised value less amount remaining to complete development.
Entire parcel 4.71 acres approved for 29,000 SF available for $4.45 million.
Permit for working around an Eagles Nest, on back corner of parcel in place.
Please contact listing agent for plans and further details.
Property Facts
1 Lot Available
Lot
| Price | $4,450,000 | Lot Size | 4.71 AC |
| Price Per AC | $944,798.30 |
| Price | $4,450,000 |
| Price Per AC | $944,798.30 |
| Lot Size | 4.71 AC |
4.71 Acre Commercial parcel, zoned C-2. All high and dry, partially developed, plans and permits available, developer in place to complete development, if required.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 28-2227-8781-00-040 | Improvements Assessment | $0 |
| Land Assessment | $903,276 | Total Assessment | $903,276 |
Property Taxes
Parcel Number
28-2227-8781-00-040
Land Assessment
$903,276
Improvements Assessment
$0
Total Assessment
$903,276
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15400 W Colonial Dr - Tucker Oaks East Parcel

