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INVESTMENT HIGHLIGHTS
- Rare 0.678-acre corner lot offers prime frontage along Robinson Street with additional ingress and egress via Hillman Avenue.
- Strong surrounding demographics, enhancing its appeal for development or investment.
- Ideal for multiple users with a zoning of O-2 and R-3/T/HP, the site supports a mix of office and residential uses.
EXECUTIVE SUMMARY
Discover an incredible opportunity just steps from the iconic Lake Eola Park in Downtown Orlando. Transform the existing nearly 10,000 SF block construction building or redevelop the site to bring your vision to life. The City of Orlando has previously approved plans for a stunning mixed-use, 7-story development, featuring spacious one-bedroom, two-bedroom, and three-bedroom units, along with vibrant restaurant and office spaces, and a convenient parking garage. Your vision may include senior housing, student accommodations, or more. The choice is yours! Imagine having breathtaking lake views and enjoying leisurely strolls along the picturesque 0.9-mile concrete path that hugs Lake Eola. With immediate access to the Walt Disney Amphitheater, you’ll be at the heart of community events and performances year-round. Plus, Lake Eola's unique attractions, including a pagoda, swan boats, a playground, and more, add to the charm of this remarkable location. Seize this unparalleled opportunity to create a thriving community hub in a prime setting!
Please contact the listing agent: Kimberly Robinson 407-488-7236
Please contact the listing agent: Kimberly Robinson 407-488-7236
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
9,492 SF
Building Class
C
Year Built
1965
Price
$5,990,000
Price Per SF
$631.06
Cap Rate
6.50%
NOI
$389,350
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,492 SF
Building FAR
0.32
Lot Size
0.68 AC
Zoning
O-2/T, R-3B/T - Professional Office
Parking
32 Spaces (3 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (88)
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421 E Robinson St
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