15065 STATE ROAD 535

ORLANDO, FL, 32821

$3,950,000

$3,950,000
Active
Active
 - For Sale
property_type
Land
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.
MLS® ID:
O5973745
Listed:
9/15/21
Updated:
10/6/22
Coldwell Banker
The Vastardis Team

Exterior/Building Features

Lot Size
2.06 acres lot
Lot Details
Near Public Transit
Sewer
Public Sewer

Other Property Details

Area Name
32821 - Orlando/International Drive
Taxes
$6637.97
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Orange
Utilities
Public, Underground Utilities, Water Nearby
Water Source
Public
Pool
No
Zoning
A-2

Property History

Date
Event
Price
Value
6/3/22
Price Change
$3,950,000
-12%

Courtesy of LEGACY PLUS REALTY, Melissa Rodriguez,
Listing Contact:  

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Data last updated 10/6/22, 10:47 PM UTC

Coldwell Banker
The Vastardis Team
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