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SW Aloma Ave & Chapman Rd - Signalized Corner Lot 5.12 Acres of Commercial Land Offered at $4,485,393 CAD in Oviedo, FL 32765
INVESTMENT HIGHLIGHTS
- Chapman Road is the largest east-west corridor between Red Bug Lake Road to the north and State Road 417/Central GreeneWay to the south.
- Flexible PUD zoning allows discerning owner/users and investors to capitalize on multiple high-performing commercial concepts.
- Strong household density and regional spending power exceeding $2.5 billion enhance revenue potential for future retail or mixed-use development.
- High-visibility frontage along Aloma Avenue at a major signalized intersection supports strong tenant demand and long-term appreciation.
- Robust surrounding retail hubs, residential growth, and daily traffic reinforce stable market absorption and sustained market strength.
EXECUTIVE SUMMARY
Situated on the southwest corner of Aloma Avenue and Chapman Road, a 5.12-acre commercial development site offers a commanding presence at a signalized intersection in Oviedo, Florida. Spanning approximately 676 feet of frontage along State Road 426, the site delivers exceptional visibility and strong signage potential along this active corridor.
Development flexibility supports a wide range of high-demand uses, including a multi-tenant shopping center up to 50,000 square feet, banks with drive-thru lanes, quick-service and full-service restaurants, and gas or convenience concepts.
At the largest and most prominent intersection between the Central Florida Greeneway (State Road 417) and Red Bug Lake Road, the site draws attention as a natural focal point for commercial activity. Three dedicated access points, including side-street access along Eagle’s Pass Road, promote efficient traffic circulation and mobility. Additionally, the lot is 1.5 miles south of Oviedo Marketplace, ensuring strong retail synergy and consistent consumer draw.
Surrounding density and purchasing power elevate long-term value for investors and owner/users. Area demographics include nearly 75,000 households within a 5-mile radius, generating approximately $2.5 billion in consumer spending. Nearby anchors such as Home Depot, Lowe’s, Michaels, and T.J. Maxx, combined with adjacent residential communities by Pulte and Beazer Homes, create a built-in customer base only 23 minutes from Downtown Orlando.
Investors and owner/users looking for a prime Oviedo commercial development opportunity in a fast-growing market are invited to connect today.
Development flexibility supports a wide range of high-demand uses, including a multi-tenant shopping center up to 50,000 square feet, banks with drive-thru lanes, quick-service and full-service restaurants, and gas or convenience concepts.
At the largest and most prominent intersection between the Central Florida Greeneway (State Road 417) and Red Bug Lake Road, the site draws attention as a natural focal point for commercial activity. Three dedicated access points, including side-street access along Eagle’s Pass Road, promote efficient traffic circulation and mobility. Additionally, the lot is 1.5 miles south of Oviedo Marketplace, ensuring strong retail synergy and consistent consumer draw.
Surrounding density and purchasing power elevate long-term value for investors and owner/users. Area demographics include nearly 75,000 households within a 5-mile radius, generating approximately $2.5 billion in consumer spending. Nearby anchors such as Home Depot, Lowe’s, Michaels, and T.J. Maxx, combined with adjacent residential communities by Pulte and Beazer Homes, create a built-in customer base only 23 minutes from Downtown Orlando.
Investors and owner/users looking for a prime Oviedo commercial development opportunity in a fast-growing market are invited to connect today.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,485,393 CAD | Lot Size | 5.12 AC |
| Price Per AC | $876,053.33 CAD |
| Price | $4,485,393 CAD |
| Price Per AC | $876,053.33 CAD |
| Lot Size | 5.12 AC |
PROPERTY TAXES
| Parcel Number | 20-21-31-5CB-0000-0050 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,070,425 CAD | Total Assessment | $1,070,425 CAD |
PROPERTY TAXES
Parcel Number
20-21-31-5CB-0000-0050
Land Assessment
$1,070,425 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,070,425 CAD
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Dikeou Realty
SW Aloma Ave & Chapman Rd - Signalized Corner Lot
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