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Lot/land
  • $1,200,000

    1720 Lake Downey Dr, Orlando, FL 32825

    --beds
    --baths
    1.1Acres
    Unimproved Land
    Built in ----
    1.1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    186 days
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    55
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cody Spaur 321-501-6951,

    Landshark Realty

    Source: Space Coast AOR,MLS#: 1069289

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Features
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 1.1 Acres
      • Features: Cleared, Corner Lot, Split Possible
      Details
      • Parcel number: 172231280002040
      • Special conditions: Corporate Owned,Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Orlando

      Financial & listing details

      • Annual tax amount: $1,267
      • Date on market: 2/13/2026
      • Listing terms: Cash,Conventional,Lease Option,Lease Purchase,Owner May Carry,Private Financing Available,Other
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/13/2026Listed for sale$1,200,000-20%
        Source: Space Coast AOR #1069289 Report a problem
        11/13/2024Listing removed$1,500,000
        Source: Space Coast AOR #1014240 Report a problem
        5/17/2024Listed for sale$1,500,000
        Source: Space Coast AOR #1014240 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Union Park

        Getting around

        54 / 100
        Somewhat Walkable
        26 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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