1720 Lake Downey Drive
Orlando, FL, 32825 $ 1,200,000
Baths0.0 Monthly Estimate*
$ 7,389
Studio for $1,200,000. The lot size is 1.1.
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.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
View Lake
Property Subtype Unimproved Land
Tax Year 2024
Current Use Commercial Office Unimproved
Waterfront Features Lake Front
County Orange
Property Type Land
HOA false
Subdivision Name None
Status Active
Directions Hwy 50 W Turn Left on Lake Downey Rd All 4 parcels on that West hard corner.
City Orlando
MLS Area 902 - Orange
Lot Size Units Acres
Lot Size Square Feet 47982
Tax Annual Amount 1267.28
MLS Area Minor 902 - Orange
Standard Status Active
Legal Description FLOWERS MANOR R/131 LOT 4 BLK B
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ExteriorLot Features Cleared Corner Lot Split Possible
Water Source Public
Lot Size Area 1.1
Lot Size Acres 1.1
Road Surface Type Asphalt
Waterfront Y/N true
Road Frontage Type County Road State Road
Number of Lots 4
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* Excluded FeaturesList Bycspaur@floridalandshark.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,389
- Monthly Property Taxes
- $106
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Orlando, FL
Average List Price $460,249
Percent of Sale Price 62%
About Orlando, FL 286,765 Population
43% Since 2002
$ 48,185 Median Income
36.8 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/20/2026 | $1,200,000 | | Listed Price |