A rare trophy development opportunity in the heart of Orlando.
Orlando, FL 32811
Listing
| Web ID: | 5759082 |
|---|---|
| Website: | https://www.nestseekers.com/5759082 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$15,800,000
Annual Taxes:$16,244
Description
A rare trophy development opportunity in the heart of Orlando. This prime property offers exceptional potential forcommercial, mixed use, and/or residential development, including affordable housing, making it an idealacquisition for investors, developers, and owner users seeking a strategic location. The property is currentlyoperating as a well established open storage yard with a successful operating history spanning more than 40years. The longstanding operation provides exceptional income, offering immediate cash flow while allowing abuyer to evaluate future redevelopment opportunities. The property also includes an approximately 1,300 squarefoot air conditioned office with a kitchenette, bathroom, and shower, providing functional on site facilities for theexisting operation or a future owner user. This unique combination of established income, existing infrastructure,and significant development potential creates a compelling investment opportunity. Continue the profitableexisting operation or pursue the site's future commercial, mixed use, residential, or affordable housingdevelopment potential. Can build over 50K sqft commercial and or over 220k sqft residential. For internationalinvestors, this acquisition may also present an opportunity to explore certain U.S. investor visa programs, subjectto eligibility requirements and independent legal and immigration counsel.
Location
Contact
Listing Courtesy of Krimus Realty, LLC.