Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

2341 W State Road 426 2.88 Acres of Commercial Land Offered at $1,750,000 in Oviedo, FL 32765

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • The site is ready for medical/dental/therapy, professional offices, or similar neighborhood-scale uses.

EXECUTIVE SUMMARY

The property has frontage on SR 426 with 31,500 AADT.

PROPERTY FACTS

Price $1,750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • General Freestanding
  • Healthcare
  • Medical
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 2.88 AC
Zoning RP - Residential Professional

1 LOT AVAILABLE

Lot 2

Price $1,750,000
Price Per AC $607,638.89
Lot Size 2.88 AC

This 2.86 +/- acre parcel is located on the east side of SR 426 about 400' south of Chapman Road. There is a potential curb cut on SR 426 from FDOT. he site is level, clean, no wetlands or environmental issues.

DESCRIPTION

Zoning snapshot (RP today; C-1 potential) RP – Residential Professional (Seminole County): Transitional, low-intensity “office/professional” intent designed to buffer neighborhoods from arterials. Think medical/dental/therapy, professional offices, and similar neighborhood-scale uses. (County LDC & zoning tables reference RP; detailed use lists live in the LDC.) C-1 – Retail Commercial (by rezoning/PD or comparable approval): Neighborhood retail/service uses (small-format restaurants, personal services, medical/urgent Care, fitness, tutoring, bank, etc.). C-1 is one of the County’s “Retail Commercial” districts per the LDC; exact use permissions and standards must be verified against the current code during pre-app. Municode Library +1 Where to confirm specifics quickly: Seminole County Land Development Code (Municode) and the Planning & Development team (helpful when testing a use-matrix or doing a pre-app). Municode Library +1 2) Traffic & access context (SR-426 & Chapman) Corridor volumes: On the SR-426/CR-419 corridor (Broadway/Geneva), planning reports show volumes in the ~12,200–26,800 vehicles/day range depending on the segment/year—consistent with a neighborhood-serving arterial. Use FDOT’s Florida Traffic Online for the latest 2024 AADT count at the specific count station nearest your frontage. Seminole County +1 Functional classification notes: Chapman Rd operates as a collector linking SR-426 with SR-434; access management may limit new driveways (favoring shared access and right-in/right-out). Seminole County County traffic count portal (for backup): Seminole County Traffic Engineering publishes local count resources and classification info. Seminole County 3) Demographics & demand drivers (immediate trade area) City-level baseline (Oviedo): Population ˜ 40,000; median HH income ˜ $114k; median age ˜ 37—an affluent, family-oriented suburban market. Census.gov +2 Data USA +2 Local anchor: UCF (~69,800 students in Fall 2024) within a short drive, adding steady daytime and service-employment demand (healthcare, food, tutoring, fitness). University of Central Florida City of Oviedo profile: City cites ~41,900 residents and $111k median HH income—directionally consistent with Census/DataUSA. cityofoviedo.net 4) Highest-and-best-use concepts (fit RP today; up-zone path to C-1) RP-conforming (near-term, lower entitlement risk) Medical/Professional Office Park (single-story or 2-story): Family practice, pediatrics, dental/ortho, PT/OT, imaging lite, behavioral health. Professional Office Condos: 1.5–3.0ksf bays for attorneys, CPAs, insurance/wealth advisors, real-estate services. Hybrid Medical + Ancillary Services: Clinic plus lab/therapy suites. If advanced to C-1 (via rezoning/PD or similar) Neighborhood Retail/Service Pad(s): Café/coffee, sandwich/salad, nail/spa, boutique fitness, tutoring/learning center, pack/ship. Urgent Care + Pharmacy (no drive-thru if code restricts): Taps strong income and family demographics near schools. Daycare/Early Learning (if permitted with conditions): High-demand suburban need with strong incomes. Why these work here: The corridor’s volumes (teens–20s K AADT) favor neighborhood-scale services over big-box retail; the income profile supports private-pay healthcare and premium services; UCF provides weekday daytime demand and staffing pipeline. Seminole County +2 Data USA +2 5) Quick sizing math (order-of-magnitude) Site area: 2.86 ac ˜ 124,600 sf. Planning allowance: After stormwater/landscape/aisles, assume ~100,000 sf usable hardscape/envelope. Office parking at 4/1,000: Parking consumes ~1.3x building area; yields ~35,000–45,000 sf single-story office/medical across 2–3 buildings, or a 20–25k sf anchor plus pads. (These are planning-level estimates; final yield depends on actual setbacks, buffers, stormwater method, access spacing, and required open space per LDC.) 6) Entitlement & delivery strategy Pre-app with County Planning/Engineering: Confirm RP permitted uses, driveway spacing on SR-426, and whether a PD/C-1 path is supported given proximity to Chapman (collector/arterial node policies). Seminole County +1 Traffic access sketch: Shared access & cross-easements; right-in/right-out on SR-426; internal drive to a secondary access if feasible. (Use FDOT Florida Traffic Online to pin the AADT and DHV at your nearest count break.) Florida Department of Transportation Two-track site plan: Plan A (by-right RP): medical/professional park with 30–45k sf in phases. Plan B (rezoning/PD to C-1): add one or two retail/service pads (2–3.5k sf each) at the frontage; keep rear/center for medical. 7) Risks & mitigations (what to watch) Access management on SR-426: Early coordination reduces surprises on driveway permits/turn lanes. Seminole County Buffering to nearby residential: RP/C-1 both trigger landscape/buffer standards—design buildings to face SR-426, push parking internal, and use walls/evergreen screens per County LDC. Municode Library Stormwater footprint: If soils allow, underground chambers or exfiltration can preserve buildable area at a higher cost; otherwise expect a visible pond that pulls down yield (plan grading early with geotech).

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-21-31-5CB-0000-00E0
  • 20-21-31-5CB-0000-0080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,102,012
  • Listing ID: 37977208

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 2341 W State Road 426, Oviedo, FL 32765

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}