15065 State Road 535

Orlando FL 32837

89734 sq. ft.

Land

Currently for sale - view listing

Overview

We are pleased to offer investor/developer 2+/- of prime real estate serving rapidly growing tourist corridor of Orlando-Kissimmee fast growing area. Site sits on SR 535 with over 350' of frontage, fronting Lake Buena Vista Resort & Spa an adjacent to the Lake Buena Vista Outlets, one of Orlando's Top-Performing outlets. Opportunity presents one with endless development plays such retail, multiple levels for mixed-use, hotel-condo, restaurants, storage, medical and many other usages. Property is in the mix of national anchored retailers and surrounded by tremendous residential growth with approximately 6,400+ new homes and vacation rentals being built and over 2,600+ planned apartments on the horizon. Storey Lake by Lennar is building 3,000+ residential units just a mile from site. Site has convenient access to all major roadways with strong daytime population with over 45,000+ cars within a 3 mile radius. Area expected to see consistent development as evidence by projected residential growth of 3.5% in the next 5 years. New development opportunity in the heart of the tourism corridor just minutes from Disney World at an 11% projected cap rate for a 20,000/SF to be built retail center. Retail rental rates in the corridor are on the rise and demand based on high traffic counts from tourism and newly rooftops in the surronding corridor.