$2,250,000

6401 All American Boulevard

ORLANDO FL, 32810

Description

North Orlando Development Site (IND-2/IND-3) - The property consists of 7 acres located at 6401 All American Blvd. in unincorporated Orange County between Maitland and Orlando in two parcels. It is currently zoned IND-2/IND-3, Industrial in unincorporated Orange County. The roadway known as All American Blvd. will be re-aligned and straightened to connect W. Kennedy Blvd. (East Connector) from Forest City Road to Clarcona-Ocoee Road (West Connector) Fall 2021 construction start. This will in effect create a squared off 7.465 +/- acre parcel with a T-intersection on the east boundary and a salable hard-corner. It will become an east-west arterial for vehicular traffic to bypass busy US Hwy 441, Edgewater Drive, etc. The future land use is currently designated as Commercial which is non-complimentary with Orange County zoning standards. I believe the potential to develop this property in phases (south 3 4 acres for industrial uses including outdoor storage) or auto/vehicle sales or service and wait until the road realignment is complete 2022 for phase 2 or divest as appropriate time. This adds upside to sell off commercial / retail in the near future while a conceptual south phase completes vertical construction, the timing could be impeccable to recoup some serious outlay.

Details

MLS#O5907602
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site3

Features

ZoningIND2/IND-3
Acreage6.93

Market Activity 32810

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Area Information
StateFL
CountyOrange
CityORLANDO
Zip Code32810
Area32810 - OrlandoLockhart
Listing VS Median (in 32810)
Price:
$2,250,000
low | high
Med:
$190,000
100% of Average
On Site:
3
low | high
Med:
97
3.092783505155% of Average
Listing Updated: November 24, 2020 8:09:43 AM PST
Jorge Zea LogoMLS Number: O5907602
Listing Provided By:
Jorge Zea  of  BLUE LIGHTHOUSE REALTY INC

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