$1,800,000

5047 W Colonial Drive, Orlando, FL 32808

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$1,800,000

5047 W Colonial Drive Orlando, FL 32808

For Sale MLS# O6136691

2,785 sq ftCommercial

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Data current as of 15/04/2024 21:34:30

Details for 5047 W Colonial Drive

MLS# O6136691

Description for 5047 W Colonial Drive, Orlando, FL, 32808


This property has been recently renovated with brand new HVAC, Roof, Hurricane-Proof Windows, Insulation, Plumbing, Asphalt and Concrete, and interior design (new floors, acoustic tile ceiling, bathrooms, doors, and new 1000 sqft storage area) in the beginning of 2023. Modern Awnings are expected to be installed still this year (2023) at current owner's investment.This modern construction with block outer walls and impeccable design could be the recession resistant investment you’re looking for, currently leased to a well established Car Dealership in Orlando area that’s been operating for 7+ years.This parcel offers excellent signage, 135ft of frontage and amazing exposure from W Colonial Dr for more than 40,000 cars per day. The 2,785 sqft renovated office/retail building sits on an almost half acre lot, allowing for plenty of parking space, possible additions, or product display.Investors’ special! Current lease at $9,000.00 / month NNN, which averages 6% cap rate at current listing price.Please review brochures and disclosures for extra information.Rates and information are from sources we deem reliable and is subject to change without notice according to change in price and conditions. Any and all information contained in the description is being provided without any representation or warranty, express or implied, as to the accuracy or completeness of the information.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.47 Acres

Square Feet: 2,785 sq ft

Year Built: 1956

Stories: 1 Story

Construction: Block

Construction Display: New Construction

Foundation: Basement,Slab

County: Orange

Construction Status: New Construction

Interior Features


Flooring: Tile

Doors/Windows: Window Treatments

Utilities


Water: Public

Sewer: Public Sewer

Cooling: Partial

Exterior / Lot Features


Parking Description: Electric Vehicle Charging Station(s), Parking Space(s), Lighted

Additional Exterior/Lot Features: Corner Lot, City Lot

Community Features


Security Features: Security System, Fire Alarm, Smoke Detector(s)

Driving Directions


From I-4 West, take exit 84B. Property will be on your right side after heading West on W Colonial Dr for approximately 4 miles.

Financial Considerations


Tax/Property ID: 19-22-29-6954-08-043

Tax Amount: 11705

Tax Year: 2023

Price Changes


$1,800,000 Original Price
$1,800,000 Current Price
$0Total Change
Date Price Change
02/27/2024 08.09 PM $1,800,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

Schools nearby 5047 W Colonial Drive

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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