NOT LISTED FOR SALE

Estimated Value: $1,042,881

1.35 Acres
$772,504 Price per Acre
58,806 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $650,000

Est. 60% increase in value since last sale

Current estimated payment $6,693/month

61 Days on Market

Highlights

  • 1.35 Acre Lot
  • Fenced
  • Heating Available
  • No HOA

About This Lot

As of October 2018

Come see this fantastic commercial property in a perfect location!
This cleared and paved 1.35 acre lot is a phenomenal site for any serious commercial real estate investor. With a generous C-2 Zoning designation, this location can be the home of your medical office, tech startup, department store, new car lot, or bank—or you could create a plaza and have tenants from any of the scores of businesses allowed in a C-2 Zone.
Start your business with a leg up on the competition. 50,500 cars pass by this lot each day, and with ramp access to Central Florida Greenway less than 1000 feet away, you will have access to an additional 73,000 cars. That’s over 120,000 customers driving past your property each day, making this lot the best place to develop commercial property in Northeastern Orlando.
On top of all this, University of Central Florida is only 10 minutes away. This gives you local access to recent PhD grads in a dozen in demand STEM fields if your business requires it. Please see attached C-2 Zoning Description.
Envision the possibilities and contact us today to discuss your options!

Last Agent to Sell the Property

Terry Yonker

BUCKEYE REALTY LLC License #3318929 Listed on: 08/20/2018

Last Buyer's Agent

Terry Yonker

BUCKEYE REALTY LLC License #3318929 Listed on: 08/20/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,719

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 180x350
  • Property fronts a highway
  • North Facing Home
  • Fenced
  • Property is zoned C-2

Schools

  • Forsyth Woods Elementary School
  • Union Park Middle School
  • Colonial High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sinclair Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 010 / 02
  • Assessor Parcel Number 24 22 30 8068 02 010

Property Details

Property Type

Land

Est. Annual Taxes

$7,719

Lot Details

1.35 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.35
  • Lot Size Sq Ft: 58908
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 1 to less than 2
  • Subdivision Num: 8068
  • Subdivision Section Number: 24
  • Ratio: Close Price\List Price: 0.96296
  • Price per Sq Ft: 11.03
  • Close to Original List Price Ratio: 0.68421
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: Highway, Main Throrughfare
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 180
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Forsyth Woods Elementary
  • High School: Colonial High
  • Middle Or Junior School: Union Park Middle

Lot Info

  • Zoning: C-2
  • Parcel Number: 24 22 30 8068 02 010
  • Additional Parcels: No
  • Current Use: Commercial
  • Fencing: Boundary Fencing
  • Lot Dimensions: 180x350
  • Price Per Acre: 481481
  • Flood Zone Code: Zone X
  • Flood Zone Date: 2009-09-25
  • Current Adjacent Use: Commercial, Industrial
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 7719
  • Tax Block: 02
  • Tax Book Number: V/50
  • Tax Lot: 010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 31, 2018
Sold by
Meeks Prentice and Meeks Brenda J
Bought by
Trackone Realty Llc
Seller's Agent
Terry Yonker
BUCKEYE REALTY LLC
Buyer's Agent
Terry Yonker
BUCKEYE REALTY LLC
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Current Estimated Value
$1,042,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,881
Avg. Annual Appreciation
6.61%
Original Mortgage
$350,000
Outstanding Balance
$307,125
Interest Rate
4.7%
Mortgage Type
Seller Take Back
Estimated Equity
$735,756

Purchase Details

Closed on
Mar 22, 2013
Sold by
Meeks Prentice and Meeks Brenda J
Bought by
Meeks Prentice and Meeks Brenda J

Purchase Details

Closed on
Jan 26, 2012
Sold by
Beneficial Properties Group Llc
Bought by
Meeks Prentice

Purchase Details

Closed on
Apr 15, 2008
Sold by
Your Best Choice Inc
Bought by
Beneficial Properties Group Llc

Purchase Details

Closed on
Jul 11, 2006
Sold by
Meeks Prentice
Bought by
Your Best Choice Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trackone Realty Llc $650,000 Centurion Title Group Inc
Meeks Prentice -- None Available
Meeks Prentice -- None Available
Beneficial Properties Group Llc -- Attorney
Your Best Choice Inc $1,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trackone Realty Llc $350,000
Previous Owner Your Best Choice Inc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $650,000 -3.7% --
10/15/2018 10/15/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $675,000 -20.6% --
09/26/2018 09/26/18 Price Changed $850,000 0.0% --
09/26/2018 09/26/18 For Sale $850,000 +30.8% --
09/18/2018 09/18/18 Off Market $650,000 -- --
08/15/2018 08/15/18 For Sale $950,000 -- --
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,209 $949,766 -- --
2024 $12,985 $863,424 -- --
2023 $12,985 $1,018,057 $1,001,436 $16,621
2022 $10,066 $648,704 $632,083 $16,621
2021 $9,345 $590,974 $574,353 $16,621
2020 $8,835 $577,218 $510,732 $66,486
2019 $9,193 $567,204 $500,718 $66,486
2018 $7,719 $483,555 $417,069 $66,486
2017 $6,937 $417,863 $379,368 $38,495
2016 $6,896 $406,670 $368,175 $38,495
2015 $7,067 $406,670 $368,175 $38,495
2014 $6,917 $391,943 $353,448 $38,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5728450

Stellar MLS

APN: 24-2230-8068-02-010

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