$7,900,000
5700 E Colonial Dr, Orlando, FL 32807
0 Beds
0 Baths
53,861 SqFt

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This 7.75 acre property is anchored by the intersection of two major commercial arterials: State Road 436 (Semoran Blvd) and State Road 50 (Colonial Drive). This location is a gateway to key governmental, financial, and commercial institutions. SR50 runs through Downtown Orlando which is the central business district of the area. The intersection of these two arterials, which is where the property is sited, provides a connection between residential, commercial and governmental entities that is recognized by the City of Orlando and Orange County as the SR436/SR50 Corridor Overlay District. The property is approved for 90,000SF of retail space and zoned C-2. This is a prime site for a re-development opportunity. 53,861 SF building in shell condition, can be renovated or incorporated into a new project or demolished and used for Impact & Development Fee credits with Orange County. This is a highly visible corner with frontage on both 436 and East Colonial. Great site for future CVS, Walgreens, grocery store, or other retail user. This property is part of a redevelopment plan intended to create a more cohesive land use pattern and to improve the multimodal transportation system. The Seller will consider selling the Northern 3+- acres with 8,000-10,000 SF building for $2,500,000 and the Southern portion of the property with approximately 4-5 acres with a 40,000-45,000 Sf Building for $7,500,000. Seller says sell! Make offer!
  • Price:
  • $7,900,000
  • Square Footage:
  • 53,861
  • Acreage:
  • 7.75
  • Year Built:
  • 1975
  • Listing ID #:
  • MFRO6010822
  • Street Address:
  • 5700 E Colonial Dr
  • City:
  • Orlando
  • State:
  • Florida
  • Postal Code:
  • 32807
  • County:
  • Orange
  • Community:
  • Orlando/Azalea Park/Park Manor
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 53861
  • Construction Type:
  • Block
  • Foundation:
  • Slab
  • Stories:
  • 1
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 53861
  • Year Built:
  • 1975
  • Conforms To Zoning:
  • C-2
  • Federal Flood Zone:
  • X
  • Lot Square Footage:
  • 337664
  • Road Frontage Type:
  • State Road
  • Road Type:
  • Asphalt
  • Days On Market:
  • 111
  • On Market Date:
  • 2022-03-17
  • Originating Mls:
  • Mfrmls
  • Ownership:
  • Corporation
  • Property Taxes:
  • $76,472
  • Tax Year:
  • 2021
  • Cooling System:
  • Central Air
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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

  • Listing Provided By THE WILLIAMS REAL ESTATE CO
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    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
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