ActiveUnimproved Land
1720 Lake Downey Drive, Orlando, FL 32825
Orlando, FL 32825 · MLS #1069289The residence
About this property
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. 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.
At a glance
Property details
- Property type
- Unimproved Land
- Listing type
- For sale
- Status
- Active
- Lot size
- 47,982 sq. ft.
- Subdivision
- None
- County
- Orange
- Original list price
- $1,200,000
- Listing date
- February 13, 2026
- Annual property tax
- $1,267 (2024)
- Listing agent
- Cody Spaur
- Listing office
- Landshark Realty
- MLS number
- 1069289
Neighborhood & location
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Schools
School information
School assignments were not supplied with this MLS record. Use the local district locator to verify schools serving this address.
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Mortgage calculator
- Principal & interest
- $6,068
- Property taxes
- $106
- Homeowners insurance
- $600
- Estimated total
- $6,773
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Landshark Realty, 321-567-7992.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.