$1,200,000
Orlando, FL 32825
MLS# 1069289
1 / 1
Property Description
Prime 2.67± acre commercial hard corner located at Hwy 50 (E Colonial Dr) & Lake Downey Dr in Orlando featuring approximately 325± feet of frontage and exposure to 50,500± vehicles per day. Dedicated median turn lane with full access, exceptional visibility, and strong traffic flow along one of East Orlando's most established retail corridors. Positioned between Dean Rd and Rouse Rd and less than 1.5 miles to SR-408 and SR-417, providing immediate regional connectivity and commuter access across the Orlando MSA. Minutes from UCF and Valencia College, supporting strong daytime population, workforce demand, and student-driven consumer activity. Ideal for gas, retail, medical, QSR, financial institutions, automotive service, professional office, or build-to-suit development with flexible outparcel potential in a high-growth commercial trade area.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $1,200,000
Original List Price: 1200000
List Price: $1,200,000
Status: Active
Listing Contract Date: 2026-02-13
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Tax Account: 5677992
Parcel Number: 17-22-31-2800-02-040
General County Location: Out of Brevard
Tax Annual Amount: 1267.28
Tax Year: 2024
Tax Legal Description: FLOWERS MANOR R/131 LOT 4 BLK B
Directions: Hwy 50 W, Turn Left on Lake Downey Rd, All 4 parcels on that West hard corner.
General Property Information
Road Frontage Feet: 401
Number Of Lots: 4
Lot Size Acres: 1.1015
Lot Dimensions Source: Public Records
Lot Size Square Feet: 47982
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
CDD Fee YN: No
List Price/Acre: 1090909.09
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Prime 2.67± acre commercial hard corner located at Hwy 50 (E Colonial Dr) & Lake Downey Dr in Orlando featuring approximately 325± feet of frontage and exposure to 50,500± vehicles per day. Dedicated median turn lane with full access, exceptional visibility, and strong traffic flow along one of East Orlando's most established retail corridors. Positioned between Dean Rd and Rouse Rd and less than 1.5 miles to SR-408 and SR-417, providing immediate regional connectivity and commuter access across the Orlando MSA. Minutes from UCF and Valencia College, supporting strong daytime population, workforce demand, and student-driven consumer activity. Ideal for gas, retail, medical, QSR, financial institutions, automotive service, professional office, or build-to-suit development with flexible outparcel potential in a high-growth commercial trade area.
Current Use
Commercial: 1
Office: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Lease Purchase: 1
Owner May Carry: 1
Private Financing Available: 1
Other: 1
Lot Features
Cleared: 1
Corner Lot: 1
Split Possible: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Road Frontage Type
County Road: 1
State Road: 1
Road Surface Type
Asphalt: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Standard: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
Lake: 1
Water Source
Public: 1
Waterfront Features
Lake Front: 1
Development Status
Raw Land: 1
Showing Requirements
Other: 1
Location Tax and Legal
Street Number: 1720
Street Name: Lake Downey
Street Suffix: Drive
County: Orange
State: FL
Postal Code: 32825
MLS Area Major: 902 - Orange
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-02-13T14:55:29Z
Major Change Type: New Listing
Status Change Timestamp: 2026-02-13
Property Features
Current Use: Commercial; Office; Unimproved
Development Status: Raw Land
Listing Terms: Cash; Conventional; Lease Option; Lease Purchase; Owner May Carry; Private Financing Available; Other
Lot Features: Cleared; Corner Lot; Split Possible
Possession: Close Of Escrow; Negotiable
Road Frontage Type: County Road; State Road
Road Surface Type: Asphalt
Sewer: Public Sewer
Showing Requirements: Other
Special Listing Conditions: Corporate Owned; Standard
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
View: Lake
Water Source: Public
Waterfront Features: Lake Front
Supplements
Located within a dense and expanding East Orlando submarket, the surrounding area supports approximately 10,000-14,000 residents within 1 mile, 85,000-100,000 within 3 miles, and 220,000-260,000 within 5 miles. Median household incomes range from roughly $60,000-$70,000 within 1 mile, $70,000-$80,000 within 3 miles, and $75,000-$85,000 within 5 miles, reflecting stable middle-income demographics with strong retail spending patterns. The corridor benefits from proximity to the University of Central Florida (70,000+ students) and Valencia College, creating sustained daytime traffic, workforce housing demand, and consistent service needs. E Colonial Dr serves as a major east-west arterial with national retailers, grocery anchors, medical offices, quick-service restaurants, automotive users, and neighborhood centers already established. Immediate access to SR-408 (East-West Expressway) and SR-417 (Central Florida GreeneWay) enhances regional draw, commuter exposure, and logistical convenience. The combination of signalized corner positioning, substantial frontage, high daily traffic counts, strong residential density, higher education influence, and flexible development options makes this site well-suited for single-tenant net-leased investment, multi-tenant strip development, medical/professional office, or phased build-to-suit concepts in one of Orlando's most active commercial growth corridors.
Listing Office: Landshark Realty
Last Updated: February - 13 - 2026
Information is deemed to be reliable, but is not guaranteed.