12528 Colonial dr - County up-zoning parcel to 30 du/ac!
4.31 Acres of Residential Land Offered at $965,000 in Orlando, FL 32826
INVESTMENT HIGHLIGHTS
- Junction of E Colonial Dr and SR 408 and is surrounded by upscale apartments, single family, and newly developed retail.
- County shows 3.15 acres buildable, 1 acre of wetlands at the north end of the property.
- Located on access road off Woodbury Rd. East Colonial has 46,500 vehicles per day and Woodbury Rd has almost 20,000 vehicles per day.
- Orange County Vision 2050 is up-zoning to MF with a max density of 30 dwelling units per acre.
- Parcel is adjacent to recently built luxury apartment complexes that sold for $510,000 per acre when acquired in 2021.
- Located minutes from UCF, Central Florida Research Park, Valencia College, Waterford Lakes. 15 minutes to downtown Orlando via the 408 Expressway.
EXECUTIVE SUMMARY
Property is at the junction of E Colonial Drive and the terminus of SR 408 and is surrounded by upscale apartments, single family, and newly developed retail.
Orange County Vision 2050 is upzoning the parcel to newly created T4.1 Transect (new name for Zoning District) and Proposed Place Type (new name for Future Land Use) of Traditional Neighborhood, with a max density of 30 dwelling units per acre.
County shows 3.15 acres buildable, 1 acre of wetlands at the north end of the property.
Parcel is adjacent to recently built luxury apartment complexes that sold for $510,000 per acre when acquired in 2021.
Located on access road off Woodbury Rd. East Colonial has 46,500 vehicles per day and Woodbury Rd has almost 20,000 vehicles per day.
Located minutes from UCF, Central Florida Research Park, Valencia College, Waterford Lakes, and every kind of retail available nearby. 15 minutes to downtown Orlando via the 408 Expressway.
Orange County Vision 2050 is upzoning the parcel to newly created T4.1 Transect (new name for Zoning District) and Proposed Place Type (new name for Future Land Use) of Traditional Neighborhood, with a max density of 30 dwelling units per acre.
County shows 3.15 acres buildable, 1 acre of wetlands at the north end of the property.
Parcel is adjacent to recently built luxury apartment complexes that sold for $510,000 per acre when acquired in 2021.
Located on access road off Woodbury Rd. East Colonial has 46,500 vehicles per day and Woodbury Rd has almost 20,000 vehicles per day.
Located minutes from UCF, Central Florida Research Park, Valencia College, Waterford Lakes, and every kind of retail available nearby. 15 minutes to downtown Orlando via the 408 Expressway.
PROPERTY FACTS
| Price | $965,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.31 AC |
1 LOT AVAILABLE
Lot
| Price | $965,000 |
| Price Per AC | $223,897.91 |
| Lot Size | 4.31 AC |
