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5701 W State Road 46
Sanford, FL 32771

3.3 AC Development Site · Land For Sale · 3.30 AC

Investment Highlights

  • Great location - close to I-4, SR 46, SR 417 and the Wekiva Parkway.
  • Close to major retail, restaurants, hospitality and other services. Seminole Towne Center is to the east, and Colonial Town Park is to the south.
  • Demographics in the immediate area show affluence with strong income levels and high home values.
  • Strong current traffic counts on SR 46 with 30,500 AADT. (FDOT-2017)
  • Central Florida Regional Hospital is under construction on Intl Pkwy, just south of SR 46 - making this site an ideal target for medical office use.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Healthcare
  • Medical
Building Class C
Total Lot Size 3.30 AC

Description

Colliers International is pleased to offer this 3.3 acre vacant land opportunity. The site is located on a signalized hard corner at the intersection of State Road 46 and County Road 431 (Orange Boulevard) with strong traffic counts (30,500 per day on SR 46*) and good connectivity in all directions. Of particular note is the Wekiva Parkway, currently funded and under construction, which will connect Interstate 4 to all of the western Orange County communities as the last portion of the SR 429/417 beltway encircling Greater Orlando. This roadway construction, on track to be completed in early 2021, will only further validate this location. Zoning on the 3.3 acre Seminole Parkway site is Commercial, Seminole County, with a land use designation of C-2 Commercial. It is ready for site plan approval. That is not the case for most of the nearby land to the west along the SR 46 corridor. We see a severe shortage of non-residential development opportunities to the west. Hospital Corporation of America, HCA, is building a full service hospital at the I-4 interchange with SR 429, a mile to the east, and we anticipate significant medical office demand here. We also note the incredibly high income demographics for this area west of I-4, well in excess of $100,000 per average household. Add it all up and we think this is one of the finest retail and medical development opportunities in the Greater Orlando area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25-19-29-300-0060-0000
  • 25-19-29-300-006A-0000
Land Assessment
$1,616,392
Improvements Assessment
$0
Total Assessment
$1,616,392

zoning

Zoning Code C-2
C-2
  • Listing ID: 12969324

  • Date on Market: 6/22/2018

  • Last Updated:

  • Address: 5701 W State Road 46, Sanford, FL 32771

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