4808 S Rio Grande Ave 0.86 Acres of Commercial Land Offered at $899,000 in Orlando, FL 32839

Located in a growing corridor of Orlando, this 0.86-acre site offers an exceptional opportunity for Affordable Housing or Multifamily development. The property is Zoned T4.3 to support residential projects that address the area’s strong demand for attainable housing options. Check out the conceptual 21 Townhome Design Site Plan to truly appreciate this gem! Situated within minutes of major employment centers, shopping, and transportation, the location provides easy access to Downtown Orlando, just a short drive north, and the bustling Millenia area to the west.
Nearby amenities include The Mall at Millenia, Universal Orlando Resort, and the Orlando International Premium Outlets, providing residents with plentiful retail, dining, and entertainment options. Additionally, the area benefits from proximity to major highways such as I-4 and the Florida Turnpike, offering convenient regional connectivity. The surrounding neighborhood has experienced steady growth and redevelopment, making this a strategic choice for investors looking to deliver quality, affordable living in a desirable urban setting. This site combines accessibility, favorable zoning, and an active surrounding community to support a successful multifamily development.