Share This Listing

Message

905 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 brokers for more information about this property

Investment Highlights

  • Advanced entitlement process with development plans in place
  • Located within Creative Village / Parramore redevelopment corridor
  • Planned 115-unit multifamily + retail mixed-use development
  • Mixed-use product providing diversified income potential

Executive Summary

Westmoreland Square offers a rare opportunity to acquire a mixed-use development site in one of Orlando’s fastest-growing urban corridors, positioned between Downtown Orlando, Creative Village, and the Parramore redevelopment district. The project is planned for a six-story, ±102,497 SF mixed-use building featuring 115 multifamily units and ±6,790 SF of ground-floor retail and restaurant space, with entitlement work substantially advanced and a clear path toward development. Now offered at $2.8M, this is a compelling opportunity to deliver a high-density, mixed-use asset in a location supported by strong growth fundamentals and long-term value creation.

Property Facts

Price $2,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Apartment Units
  • Restaurant
Total Lot Size 1.33 AC
Zoning ORL-MU-1/T/PH

1 Lot Available

Lot

Price $2,800,000
Price Per AC $2,105,263.16
Lot Size 1.33 AC

Advanced entitlement process with development plans in place for a 115-unit multifamily + retail mixed-use project. Prime urban infill location in Downtown Orlando and Creative Village, offering strong fundamentals and near-term development potential

Description

Westmoreland Square presents a rare opportunity to acquire a mixed-use development site in one of Orlando’s fastest-growing urban corridors. Located at 1006 W Colonial Drive, the property sits at the intersection of Downtown Orlando, Creative Village, and the Parramore redevelopment district—an area supported by long-term public and private investment and positioned for continued growth.

Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39807087

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 699 N West Colonial Drive, Orlando, FL 32804

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") }}