6.45 ACRES

Withdrawn Vacant Land for Sale
Catylist Listing ID: 29837454
Property Subtypes: Office, Retail, Self Storage, Other
Gross Land Area: 6.45 Acres
Sale Price: $2,275,000
Unit Price: $352,713 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 8/3/2017
Last Updated: 8/3/2017

Overview / Comments

The subject property is approximately 6.45 acres on the south side of west Colonial Drive in the City limits of Winter Garden Florida. It has a road frontage on Highway 50 of 531.11 feet. The western boundary is 594.12 feet and the eastern boundary is 426.67 feet.
The property’s location is approximately half way between SR-535 [Winter Garden – Vineland Road] and SR-545 [Avalon Road] where both interest highway 50.
The location is very convenient locally as well as to the rest of the state. An interchange of the Florida Turnpike and West Colonial Drive is located approximately three miles to both the east and west of the site. The toll road Sr-429 is within a 3 mile distance to the east.
Sr-535 which is the gateway to the new huge open-air shopping complex, Winter Garden Village at Fowler’s Grove, is within two miles. The direct route to Stoney Brook West is at the corner.
The surrounding area is high density residential, including single family, apartments and condos.
All utilities are available to the property with water and sewer provided by the City of Winter Garden. Electric, phone and natural gas is also available.
The property is zoned C-2. C-2 - The permitted uses in the City of Winter Garden within the C-2 zoning classification are: (1) All uses permitted in the C-1 district [Retail establishments, Eating and drinking establishments, Offices, studios, Financial institutions, Hotels, Private clubs and lodges, Personal services, Recreational and entertainment uses, Public buildings, Churches & Upper story residential] (2) Gasoline stations, (3) Motels, with a minimum of 300 square feet per unit exclusive of lobbies and accessory floor areas.
With the granting of a special exception, the permitted uses in the City of Winter Garden within the C-2 zoning classification are: (1) Campgrounds, (2) Planned shopping centers, (3) Automobile sales and service, (4) All types of businesses in buildings not of standard construction or without restroom facilities, (5) Mini-warehouse facilities, (6) Truck parking facilities, and other activities of similar nature without adequate buffering from view from a public road and/or adjacent property (7) Other uses which the planning and zoning board determines are of the type and intensity of activity similar to and compatible with the permitted uses in the C-2 district, (8) Children day care centers.
This property is ready for development NOW since the widening of Colonial Drive has been completed. It would be an ideal replacement property for a 1031 exchange.
The price is $2,275,000. A Survey and an Environmental Phase 1 Report is included in the price.

Attachments & Media

Additional Details

Nearest MSA: Orlando-Kissimmee-Sanford
County: Orange
Taxing Authority: Orange County Florida
Tax ID/APN: 27-22-27-0000-00002
Zoning: C-2
Property Located Between: SR-535 and SR-545
Side of Street: South
Road Type: Highway
Property Visibility: Excellent
Legal Description: NE 1/4 of NW 1/4 OF NW/14 & N 1/2 OF W 1/4 OF NE 1/4 OF NW 1/4 [LESS E 470 FT & LESS N 75 FT IN STATE ROAD& LESS S 167 FT OF W 192 FT] OF SEC 27-22-27
Largest Nearby Street: sr-545
Feet of Frontage: 531
Highway Access: The property fronts of Highway 50 for 531 feet
Site Description: High and dry
Area Description: The surrounding area is high density residential, including single family, apartments and condos.
Lot Frontage: 531.11 feet
Lot Depth: 594.12 ft on WESTERN BOUNDRY & 426.67 FT ON EASTERN BOUNDRY
Zoning Description: c-2
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,637 46,738 91,971
Median Age: 34.57 35.94 36.52
Households: 2,976 15,982 31,650

Contact

Photograph of Listing Agent

Benjamin H Dillard

THE REAL ESTATE COLLECTION LLC MFCRE Member
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