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17201 E Colonial Dr 7.88 Acres of Commercial Land Offered at $3,800,000 in Alafaya, FL 32820

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EXECUTIVE SUMMARY

7.88 Aces Industrial site FOR SALE! INCOME PRODUCING - There are operational cameras on the property for security
There is approximately 2.5 to 3 acres of concrete on the ground from the previous tarmac cement factory.
The owner has a clean report from biotech that was done just a few years ago

PROPERTY FACTS

Price $3,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Hospitality
  • Bank
  • Fast Food
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
  • Agricultural
Total Lot Size 7.88 AC
Zoning C-3 in the front and A-2 - Zoned Industrial/C3 frontage - back section zoned A2 which can be rezoned to match the front zoning.

1 LOT AVAILABLE

Lot

Price $3,800,000
Price Per AC $482,233.50
Lot Size 7.88 AC

* HIGHLIGHTS: INVESTMENT/OWNER OCCUPY * The owner has a clean report from biotech that was complete just a few years ago * INCOME PRODUCING * EXCELLENT EAST COLONIAL DRIVE FRONTAGE * 7.88 ACRES * CAMERA SYSTEM IN PLACE FOR SECURITY

DESCRIPTION

Commercial Real Estate Professionals, Inc and Mark Allen are pleased to present this 7.88 Aces Industrial site FOR SALE! The current owner/business is generating $20,000-$30,000 per month, has approximately 60 vehicles parking on his property and they pay by Zelle or Cash app - There are operational cameras on the property for security, the owner has been told it should be easy to convert the agricultural zoning portion in the back to the same zoning C3 if you go through the process, potential to clear all the trees in the front as long as you put up a wall and got proper permitting. Current ownership has a general liability policy at $2 million and cost approx. $1500 per year. There is approximately 2.5 to 3 acres of concrete on the ground from the previous tarmac cement factory. The owner exclusively leases 10 parking spaces to the truck parking club and they pay $20 daily or $380 a month and then they up-charge it to $25 per day through their membership. You can fill in the pond, but it would require mitigation payment to fill in the pond, even though it is man-made from Tarmax years ago. The owner has a clean report from biotech that was done just a few years ago

  • Listing ID: 35830685

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: 17201 E Colonial Dr, Alafaya, FL 32820

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