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PRIME DOWNTOWN ORLANDO - 3. 86 ACRES | DIRECT SR-408 ACCESS | OPPORTUNITY ZONE. Welcome to 1 S Cottage Hill Road — a high-impact urban redevelopment site strategically positioned at the gateway to Downtown Orlando. This rare 3. 86-acre parcel features a 30, 044 SF existing institutional facility with 242 parking spaces and highway visibility exceeding 48, 000 vehicles daily. The property is currently zoned R-3B with existing density allowances and future AC-N Neighborhood Activity Center potential supporting residential development, expanded commercial uses, and increased height. This offering combines location, scale, infrastructure, zoning upside, and incentives in one of Central Orlando’s most strategic growth corridors. With over $500, 000 in recent capital improvements including modernization of the sanctuary (new sound systems, epoxy flooring, chair seating, and interior paint and 3 new HVAC systems , the site supports immediate adaptive reuse while redevelopment approvals are pursued. Current use includes an updated sanctuary with seating for 800-1200 seats, commercial kitchen, administrative offices, classrooms, banquet/event center with 9 airwalls allowing for multiple uses. Ideal uses include ministry & community hub, multi-family housing, mixed-use development, senior living, charter school campus, regional campus relocation, career academy or church relocation.
Your new location includes exceptional frontage on John Young Parkway (266’) and immediate SR-408 access, delivering unmatched visibility and accessibility. Surrounded by hundreds of millions in public and private investment, including stadium redevelopment and neighborhood revitalization, this asset is positioned for transformational growth. Located adjacent to Camping World Stadium, Exploria Stadium, Parramore Heritage District, and West Lakes Revitalization, the asset sits within both a Federal HUBZone and Opportunity Zone — offering layered incentive potential.
1 S Cottage Hill Road represents a rare large-scale urban infill opportunity in Orlando’s fastest transforming redevelopment corridor allowing you to reuse the existing land to meet modern demands. This site combines land, location, incentives, and infrastructure. Most projects only get two of those — this one gives you all four. Immediate adaptive reuse or full redevelopment. Call for a tour of the facility and lot.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,990,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $4,792,000 | $4,792,000 | $4,792,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.031% | 5.991% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,208 | $28,346 | $39,793 |
| Total Monthly Payment | $27,333 | $28,471 | $39,918 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.