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5750 Edgewater Dr - Seller Financing
2.44 Acres of Commercial Land Offered at $1,950,000 in Orlando, FL 32810
Investment Highlights
- This high traffic corner of John Young Parkway and Edgewater Drive has estimated 60K cars passing with daily traffic.
- Includes 2 buildings with long term tenants, NNN Lease at 4.5% CAP RATE
- one of a kind multi-parcel assemblage located on the corner of Edgewater Drive, John Young Parkway & Forest City Road! With a total of 7 parcels
Executive Summary
A total of 2.44 Acres, Zoned C-1 and C-2. 7 parcels. Combining all properties, you have a total of approximately 2.44 acres including all properties being directly next to each other.(Billboard is not affiliated with the parcels and sale, please see attached survey for details). Total of 4 businesses with long term tenants in both buildings and SFH. Generate income immediately at $8,875 monthly. Added Bonus, Firework stand contract $8000 a year. (NNN LEASE, 5.5% CAP RATE). Lots of potential for expansion on the nearly 2 acres of vacant land. *TOTAL OF 7 LOTS INCLUDING 2 BUILDINGS, INCLUDE: • 04-2229-0000-00-028 • 04-2229-0000-00-029 • 04-2229-8764-02-050 • 04-2229-8764-02-060 • 04-2229-8764-03-030 • 04-2229-8764-03-050 • 04-229-8764-03-060
Financial Summary (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$106,500
|
$43,647.54
|
| Other Income |
$8,000
|
$3,278.69
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$114,500
|
$46,926.23
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $106,500 |
| Annual Per AC | $43,647.54 |
| Other Income | |
|---|---|
| Annual | $8,000 |
| Annual Per AC | $3,278.69 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $114,500 |
| Annual Per AC | $46,926.23 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $1,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.44 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.44 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 7
| Price | $1,950,000 | Lot Size | 2.44 AC |
| Price Per AC | $799,180 |
| Price | $1,950,000 |
| Price Per AC | $799,180 |
| Lot Size | 2.44 AC |
BRING OFFERS!!! One-of-a-kind multi-parcel assemblage located on the corner of Edgewater Drive, John Young Parkway & Forest City Road! With 7 parcels, they are zoned either C-1 or C-2. Includes 2 buildings and SFH with tenants, NNN Leased
Description
Location, Location, Location. At the corner of Edgewater and John Young Parkway, prime lots being offered for immediate development including 2 commercial buildings with tenants in place. A total of 2.44 Acres, Zoned C-1 and C-2. 7 parcels, they are zoned either C-1 or C-2. Combining all properties, you have a total of approximately 2.44 acres including all properties being directly next to each other.(Billboard is not affiliated with the parcels and sale, please see attached survey for details). Total of 4 businesses with long term tenants in both buildings. SNF located back right corner lot with long-term tenant. Generate income immediately at $8,875 monthly. Added Bonus, Firework stand contract $8000 a year. (NNN LEASE, Total 5.5% CAP RATE). Lots of potential for expansion on the nearly 2 acres of vacant land to build on. This high traffic corner of John Young Parkway and Edgewater Drive has estimated 70K cars passing with daily traffic. Surrounding businesses include Wawa Gas Station, AutoZone, Family Dollar and Auto Sales Business. Perfect location for any business, ideal location for a gas station, public storage units, car wash, restaurant or retail shopping, or medical offices**TOTAL OF 7 LOTS INCLUDING 2 BUILDINGS and SFH w/ 100% TENANT OCCUPANCY• 04-2229-0000-00-028 • 04-2229-0000-00-029 • 04-2229-8764-02-050 • 04-2229-8764-02-060 • 04-2229-8764-03-030 • 04-2229-8764-03-050 • 04-229-8764-03-060
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $303,450 (2023) | |
| Land Assessment | $820,446 (2023) | Total Assessment | $1,123,896 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | C-1, C-2 (C-1 and C-2) |
| C-1, C-2 (C-1 and C-2) |
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5750 Edgewater Dr - Seller Financing
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