About 31415 Orange Street
This potential commercial property consists of approximately 4.3 acres ideally located on SR 46 1 mile east of the 453 interchange spur road connecting to the Wekiva Parkway (429). The property has approximately 800 feet of frontage on SR 46 and 600 feet of frontage on Orange Street. This property also has a smaller 2 bedroom (could be 3) 1 bath home built in 1955. While the asking price reflects only vacant land value, the home could add some income value to a buyer during any hold period before ultimate commercial development. This location is not only ideal as it is the last vacant parcel before entering Sorrento proper, it is also surrounded to the north and west back to the interchange by large amounts of vacant land that likely will be developed into residential subdivisions. Explosive residential growth typically occurs after major interchanges and this location would capture some of that growth. While the property is currently zoned residential (R-1), there is commercial across the highway and the county planning staff has indicated a likelihood of rezoning this site to commercial. The size and location as well as the anticipated residential growth would lend this site to potential self-storage uses though other commercial uses are feasible. The sellers are confident enough that obtaining commercial zoning is likely, they are willing to accept a contract conditioned upon a buyer obtaining commercial zoning. Please note price redution
Features of 31415 Orange Street
| MLS® # | G5094092 |
|---|---|
| Price | $815,000 |
| Acres | 4.30 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Listing Details
| Office | BRYAN PROPERTIES, INC. |
|---|
Listing Map
Neighborhood Information for 31415 Orange Street
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Sorrento Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles | |
|
Round Lake Charter School Public - Preschool to 6Th Grade |
2 Miles | |
|
Building Teachers Academy Private - Preschool to 12Th Grade |
2 Miles | |
|
|
Solid Rock Christian School Private - Preschool to 12Th Grade - Closest Middle School |
4 Miles | |
|
|
Mt. Dora Middle School Public - 6Th Grade to 8Th Grade |
4 Miles | |
|
|
Mount Dora High School Public - 9Th Grade to 12Th Grade - Closest High School |
4 Miles | |
|
|
Montessori At Roseborough Private - Preschool to 10Th Grade |
4 Miles |
School data provided by GreatSchools