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1720 Lake Downey Drive

Orlando, FL 32825
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Bed --

Bed

Bath 0

Bath

Acres1.10

Acres(Lot)

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 outp arcel 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,200,000

AD Id : 75315543

MLS Id : 1069289

Lot Size : 1.10 Acres

Year Built : --

County : Orange

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Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Heating & Cooling

    Water front: Yes WaterSource: Public

  • Road Types

    Asphalt
    County Road, State Road

  • Lot Information

    Lot Description: Cleared, Corner Lot, Split Possible Lot Size Area: 1.1 Acres Lot Square Feet: 47,982 Waterfront: Lake Front

    Property Information

    Property Type: Land Sub Type: Unimproved Land Subdivision: None MLS Area Minor: 902 - Orange Source Neighborhood: None

  • Listing Price Information

    Listing Id: 1069289 ist Price: $1,200,000 Listing Terms Cash, Conventional, Lease Option, Lease Purchase, Owner May Carry, Private Financing Available, Other
  • Listing Information

    Possession: Close Of Escrow, Negotiable

  • Tax Information

    Parcel Number: 17-22-31-2800-02-040 Annual Tax: $1,267 Tax Year: 2024 Taxes: FLOWERS MANOR R/131 LOT 4 BLK B

  • Utility Information

    Cable Available, Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: Hwy 50 W, Turn Left on Lake Downey Rd, All 4 parcels on that West hard corner.
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ByOwner last updated this listing 06/15/2026 @ 04:29

MLS: 1069289 LISTED BY: Cody Spaur, Landshark Realty 321-567-7992 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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