Colonial Drive Development Land

Investment Overview

Situated along the highly traveled W. Colonial Drive (SR-50), this 5.16± acre development opportunity offers a premier location within one of West Orange County's fastest-growing corridors. Designated for Mixed Use Activity Center and zoned Planned Development (PD), the property provides exceptional flexibility for developers seeking to capitalize on the area's continued residential and commercial growth. Located adjacent to The Grove community and surrounded by expanding residential neighborhoods, retail amenities, and strong demographic growth, this property presents an outstanding opportunity to create a signature mixed-use project in one of Central Florida's most desirable submarkets. *Permitted development guidelines for this property through City of Oakland Development Agreement include: • Multifamily Residential: 72 Units (Maximum) • Commercial: 48,000 SF (Maximum) • Open Space/Stormwater: 1.03 ± Acres (Minimum)

Investment Highlights

• 32,117 SF building
• 72 units
• Zoned PD - FLU: Mixed Use Activity Center
• Prime location in Oakland