North Orlando Development Site (IND-2/IND-3) - The property consists of 7 ± acres located at 6401 All American Blvd. in unincorporated Orange County between Maitland and Orlando in two parcels. It is currently zoned IND-2/IND-3, Industrial in unincorporated Orange County. The roadway known as All American Blvd. will be re-aligned and straightened to connect W. Kennedy Blvd. (East Connector) from Forest City Road to Clarcona-Ocoee Road (West Connector) Fall 2021 construction start. This will in effect create a squared off 7.465 +/- acre parcel with a T-intersection on the east boundary and a salable hard-corner. It will become an east-west arterial for vehicular traffic to bypass busy US Hwy 441, Edgewater Drive, etc. The future land use is currently designated as Commercial which is non-complimentary with Orange County zoning standards. I believe the potential to develop this property in phases (south 3 - 4 acres for industrial uses including outdoor storage) or auto/vehicle sales or service and wait until the road realignment is complete 2022 for phase 2 or divest as appropriate time. This adds upside to sell off commercial / retail in the near future while a conceptual south phase completes vertical construction, the timing could be impeccable to recoup some serious outlay.
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