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Property Facts

Price $850,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 0.61 AC
Zoning PD Vacant Commercial - PD zoning rights for this parcel are C-1, Orange County

1 Lot Available

Lot

Price $850,000
Price Per AC $1,393,442.62
Lot Size 0.61 AC

Well situated, cleared, .61 ac +/- portion of a parcel at a signalized intersection, across from a Walgreens, elementary school - near Lockheed Martin, Waterford Lakes Shopping Center, UCF (University of Central Florida).

Description

1.29 ac +/- land site situated at a signalized intersection along Avalon Park Blvd, E Orlando. There appear to be NO other vacant land parcels, especially of this size, undeveloped along this exclusive corridor. Over 25,000 vehicles per day pass by this site. 11,000 SF of building entitlements run with this land. One, 3, 5 mile radius incomes - are over, at or about $90,000 per average household. There are over 150,000 people populating a radius of 5 miles from this property. Waterway Chase Parkway is Lake Underhill Road - to the west. This roadway leads west a short distance to a Lockheed Martin campus. Lockheed Martin employs approximately 8,000 individuals in Orlando. They work with 300 Orlando suppliers. 70 percent of Lockheed's Orlando workforce are in engineering and technical positions. They employ nearly 3,000 UCF and Valencia graduates in Orlando and will contribute $36 billion to Florida's economy over the next 10 years

Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
25-2231-0000-00-054
Land Assessment
$565,963
Improvements Assessment
$0
Total Assessment
$565,963
  • Listing ID: 28361328

  • Date on Market: 5/1/2023

  • Last Updated:

  • Address: S Avalon Park Blvd, Orlando, FL 32828

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