15065 STATE ROAD 535 ORLANDO FL 32821 | MLS O5973745
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We are pleased to offer investor/developer 2+/- of prime real estate serving rapidly growing tourist corridor of Orlando-Kissimmee fast growing area. Site sits on SR 535 with over 350′ of frontage, fronting Lake Buena Vista Resort & Spa an adjacent to the Lake Buena Vista Outlets, one of Orlando’s Top-Performing outlets. Opportunity presents one with endless development plays such retail, multiple levels for mixed-use, hotel-condo, restaurants, storage, medical and many other usages. Property is in the mix of national anchored retailers and surrounded by tremendous residential growth with approximately 6,400+ new homes and vacation rentals being built and over 2,600+ planned apartments on the horizon. Storey Lake by Lennar is building 3,000+ residential units just a mile from site. Site has convenient access to all major roadways with strong daytime population with over 45,000+ cars within a 3 mile radius. Area expected to see consistent development as evidence by projected residential growth of 3.5% in the next 5 years. New development opportunity in the heart of the tourism corridor just minutes from Disney World at an 11% projected cap rate for a 20,000/SF to be built retail center. Retail rental rates in the corridor are on the rise and demand based on high traffic counts from tourism and newly rooftops in the surronding corridor.

Property Details

Price:
$3,950,000
MLS #:
O5973745
Status:
Active
Beds:
0
Baths:
0.00
Address:
15065 STATE ROAD 535
Type:
Land
City:
ORLANDO
Listed Date:
Sep 16, 2021 (336 days)
State:
FL
ZIP:
32821
Subdivision:
WILLIS R MUNGERS LAND SUB
Lot Size:
89,734 sqft / 2.06 acres (approx)

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Tax Annual Amount
6637.97

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15065 STATE ROAD 535
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