The U.S. 441 North and Lee Road asset in northwest Orlando isconservatively valued at about $5 million or $50,000 per acre,commercial appraisers tell GlobeSt.com. A review committee ispreparing a short list of finalists for city council study inSeptember.

The bidders are the YMCA, Edgewater High School, Freedom Ride ofWinter Park, Canon Equine Inc. of Heathrow and Heidi Erickson, analternate on the U.S. Olympic dressage team in 1998.

The city is reserving the western half of the track for greenspace and sports activities.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.