17421 E Colonial Drive, Orlando, FL 32820

$6,250,000

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Sold Price
$6,250,000
List Price
$7,450,000
Status
Sold
Days on Market
510
Closing Date
Oct 12, 2023
MLS#
O5996373
Property Style
Multi-Family
Year Built
1958
Lot Size
845,029
Acres
19.40
Total Acreage
10 to less than 20
MLS Area Major
Orlando/Bithlo

Property Description

19.40 Acres (837,659 sq.ft) of C-3 Heavy Commercial with 530 Ft of Frontage on busy SR50 with great accessibility having a median cut on both the East and West end of the property. This is the Largest C-3 lot available on the market in East Orlando. There are endless development opportunities with this property. Located between UCF the largest University in the state of Florida and NASA's Kennedy Space Center which is booming with growth and could potentially be the new headquarters for NASA. This could be a prime location for a number of National Tenants. With 2,000+ homes approved in the new 'agri-hood' development The Grow located just 1 mile to the west this large commercial property is a great investment as new development continues to head East down SR50. This property permits outdoor storage of boats, RVs and heavy machinery along with self storage, diesel repair shops, warehousing. Additionally, there is currently still an active salvage license that could be conveyed with the sale of this property. Phase 1 and Phase 2 Environmental are available upon request.

Additional Information

Taxes
$28248
Community Features
No Deed Restriction
Zoning
C-3
Utilities
Electricity Available
Air Conditioning
Other
Exterior Construction
Metal Frame, Wood Frame
Roof
Metal, Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Parking Spaces - 19 to 30
Flood Zone Code
X
Parcel ID
21-22-32-0000-00-003
Legal Description
E1/2 OF NE1/4 OF SW1/4 LYING N OF ST RD 50 (LESS BEG NE COR OF SW1/4 RUN S 714.44 FT W 245.96 FT N 714.59 FT E 244.66 FTTO POB) SEC 21-22-32. AndBEG AT NE COR OF SW1/4 S 714.46 FT W 245.96 FT N 714.59 FT E 244.66 FT TO POB IN SEC 21-22-32.

Listing courtesy of CARRIGAN REALTY, INC.. 407-568-2145

Selling Office: CARRIGAN REALTY, INC..

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