14999 SR 535 - Orlando, FL_Property for Sale

14999 SR 535, Orlando, FL, 32821, US

14999 SR 535 - Orlando, FL

Asset Description

The vacant 2.06-acre parcel features +/- 342 feet of road frontage on SR 535, also known as S Apopka Vineland Road, and notable visibility on SR 417. The Property provides timely access to main roadways (I-4, World Center Drive, International Drive), leading to Disney Springs, Epcot, Disney’s Hollywood Studios, Orlando Vineland Premium Outlets, and Orlando World Center Marriott. The Orlando tourist corridor has developed into a prominent retail, hospitality, and entertainment district, gaining notoriety within the United States and globally. The Property displays an enticing opportunity to develop in the prominent SR 535 corridor as well as nearby to the future International Drive roadway expansion.

...

Attributes

Asking Price

₹359,602,000

Land area net

0.83 ha (8,337 m²)

Media

Investment Highlights

The 2.06-acre parcel is located on the “heading to Disney parks & resorts” side of SR 535. This opportune side of SR 535 grants countless options for the development of the site – aided by the increased traffic count and convenient access by tourists, theme park employees, and locals.
The parcel provides +/- 342 feet of advantageous frontage along SR 535 and high-profile visibility from the Central Florida GreeneWay (SR 417). The SR 535 corridor has anywhere from 13 million to 22 million vehicles traveling on it each year, which allows for maximum exposure to the growing area.
The SR 535 corridor is poised for growth with many area developments underway or in planning stages. These developments include the 14.6-acre Silver Hills at Lake Bryan, three building (100+ units per building) Sycamore Resort, and the 15,000 square feet retail center directly across the street from the Subject Property.
Orlando has the greatest number of new residents in any major metropolitan area in the United States. More than 1,500 people a week are moving to Orlando with the trend to expecting to continue for the foreseeable future. One in every 112 residents moved to the region within the last year. Florida is seeing a major flock of individuals moving from high income tax states to its no income tax state.