7123 Red Bug Lake Rd | Oviedo, FL 32765
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7123 Red Bug Lake Rd
Oviedo, FL 32765
Romano's Macaroni Grill · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Ideally located in the dense Orlando MSA, this property benefits from high traffic counts seeing an upwards of ±42,000 VPD.
- Value-Add Opportunity: Formerly a Macaroni Grill, the Offering presents an opportunity for an owner/user or redevelopment.
- Robust Community: Oviedo has seen steady population growth throughout the year.
- Orlando sees roughly 74 million visitors annually, which results in a $92.5 billion tourism economic impact.
- The property is a large ±1.79 AC parcel and has great visibility from Red Bug Lake Road.
- The property sits off Red Bug Lake Rd, the main road that also leads to Oviedo Mall and other national retailers such as Lowe's, Target, Home Depot
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,900 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.79 AC
Zoning
PCD
Parking
383 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
140’ on Red Bug Lake Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 19-21-31-514-0000-0020 | Improvements Assessment | $961,494 |
| Land Assessment | $1,388,436 | Total Assessment | $2,349,930 |
PROPERTY TAXES
Parcel Number
19-21-31-514-0000-0020
Land Assessment
$1,388,436
Improvements Assessment
$961,494
Total Assessment
$2,349,930
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