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8116 Forest City Rd - Multi-Family Development Opportunity-Orlando

1.58 Acres of Commercial Land Offered at £437,411 in Orlando, FL 32810

INVESTMENT HIGHLIGHTS

  • Multi-Family opportunity for approximately up to 20 (+-) units per acre (confirmation with planning and zoning needed and required).
  • 1.58 (+-) Acre Multi-Family site for development
  • Excellent Location -- One of the Last Development Sites in the Area!!
  • Established Residential Market and Close to Everything.

EXECUTIVE SUMMARY

20 Units per Acre
Buyer pays all closing costs except Commission and pro-rata Real Estate Taxes

PROPERTY FACTS

Price £437,411
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 1.58 AC

1 LOT AVAILABLE

Lot 00027

Price £437,411
Price Per AC £276,842.12
Lot Size 1.58 AC

Multi-Family Land for development

DESCRIPTION

Commercial Real Estate Professionals, Inc. and Mark Allen, CCIM are pleased to present this approximate 1.58 (+-) Acre Multi-Family site for development. Multi-Family opportunity for approximately up to 20 (+-) units per acre (confirmation with planning and zoning needed and required). Strong demographics with an established residential market. One of the last development opportunities in this area. Incredible Location Close to Everything!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-2128-0000-00-027
  • 28-2129-0000-00-027
Land Assessment
£462,275
Improvements Assessment
£66,712
Total Assessment
£151,641

ZONING

Zoning Code R3 (R3)
R3 (R3)
  • Listing ID: 17310564

  • Date on Market: 27/09/2019

  • Last Updated:

  • Address: 8116 Forest City Rd, Orlando, FL 32810

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