$1,800,000
5047 W Colonial Drive Orlando, FL 32808
For Sale MLS# O6136691
2,785 sq ft Commercial
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, Retail
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
| Date | Price | Change |
|---|---|---|
| 02/27/2024 08.09 PM | $1,800,000 |
A broker reciprocity listing courtesy: SUMMERHILL REALTY GROUP LLC
Based on information provided by Stellar MLS as distributed by the MLS GRID. Information from the Internet Data Exchange is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2024 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Payment Calculator
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 & Tax Summary for 5047 W Colonial Drive
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
Schools nearby 5047 W Colonial Drive
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
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.
Coming soon properties will soon be on the market, but are not yet available for showings.