Prime commercial land available for sale! This 2.67-acre lot is situated on the hard corner of Hwy 50 (E Colonial Dr) & Lake Downey Dr in Orlando, offering exceptional visibility and access. With the flexibility for outparcel & build-to-suit options, this property presents a unique opportunity for development. Positioned between the bustling Dean and Rouse Rd intersections and less than 1.5 miles from the 408 to the East & less than 1.5 miles from the 417 to the West. Minutes From UCF and Valencia College. Over 50,500 +/- daily traffic counts with 325'+/- of road frontage on busy Hwy 50 (E Colonial Dr).
1720 Lake Downey DRIVE, Orlando, FL, 32825
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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