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$3,950,000
15065 State Road 535, Orlando, FL 32821
0 Beds
0 Baths
n/a SqFt

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We are pleased to offer investor/developer 2+/- of prime real estate serving rapidly growing tourist corridor of Orlando-Kissimmee fast growing area. Site sits on SR 535 with over 350' of frontage, fronting Lake Buena Vista Resort & Spa an adjacent to the Lake Buena Vista Outlets, one of Orlando's Top-Performing outlets. Opportunity presents one with endless development plays such retail, multiple levels for mixed-use, hotel-condo, restaurants, storage, medical and many other usages. Property is in the mix of national anchored retailers and surrounded by tremendous residential growth with approximately 6,400+ new homes and vacation rentals being built and over 2,600+ planned apartments on the horizon. Storey Lake by Lennar is building 3,000+ residential units just a mile from site. Site has convenient access to all major roadways with strong daytime population with over 45,000+ cars within a 3 mile radius. Area expected to see consistent development as evidence by projected residential growth of 3.5% in the next 5 years. New development opportunity in the heart of the tourism corridor just minutes from Disney World at an 11% projected cap rate for a 20,000/SF to be built retail center. Retail rental rates in the corridor are on the rise and demand based on high traffic counts from tourism and newly rooftops in the surronding corridor.
  • Price:
  • $3,950,000
  • Acreage:
  • 2.06
  • Listing ID #:
  • MFRO5973745
  • Street Address:
  • 15065 State Road 535
  • City:
  • Orlando
  • State:
  • Florida
  • Postal Code:
  • 32821
  • County:
  • Orange
  • Community:
  • Orlando/International Drive
  • Subdivision:
  • Willis R Mungers Land Sub
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • Conforms To Zoning:
  • A-2
  • Existing Land Use:
  • Commercial
  • Federal Flood Zone:
  • A
  • Lot Features:
  • Near Public Transit
  • Lot Square Footage:
  • 89734
  • Road Frontage Type:
  • State Road
  • Road Type:
  • Paved
  • Vegetation:
  • Wooded
  • Days On Market:
  • 308
  • On Market Date:
  • 2021-09-16
  • Originating Mls:
  • Mfrmls
  • Previous Listing Price:
  • 4500000
  • Price Per Acre:
  • 1917476
  • Terms:
  • Cash, Conventional
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $6,637
  • Tax Year:
  • 2020
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Public, Underground Utilities, Water Nearby
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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