Dark Gray Shell Flex
5028 OLD TAMPA HWY Kissimmee, FL 34758
5028 OLD TAMPA HWY, Kissimmee, FL, 34758
$1,867,600
For Sale
$1,867,600
Mixed Use - KISSIMMEE, FL
Property Size5,336 SF
Lot Size0.15 Acres
Price / SF$350
Days on Market41
Property Features for 5028 OLD TAMPA HWY
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Property condition
- New Construction
- Standard status
- Active
- APN
- 02-26-28-4706-0001-FD07
- Size
- 5,336 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 0
Building Details
- Year built
- 2026
- Building materials
- Block, Stucco
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
THE MARKS GROUP REALTY, LLC
(352) 432-8678
4204 Foxhound Dr, Clermont, FL
Listed by
Wyatt Marks · License #3135582
(352) 432-8678
Added: Jun 11 Updated: Jun 16 at 3:39 pm Checked: Jul 21 at 5:06 am
MLS# O6415718
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Building #07 at Poinciana Exchange, located at 5028 Old Tampa Hwy in Kissimmee, Florida, is currently under construction and available for purchase as a single, individually sold building. The property is designed as a flexible retail and office building, delivered in a dark gray shell condition with a fully customizable interior to fit an owner-user or investor’s preferred layout. Architectural design elements intended for both retail and office use are available as part of the development, and buyers have pylon sign access at the entrances.
Poinciana Exchange is situated on the northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot. The tenant mix in the immediate area includes Wawa, Twistee Treat, and Family Dollar, supporting strong national retail traffic along the US 17-92 and South Poinciana corridor where the development is also described as having a combined daily traffic count exceeding 49,000 cars per day. Multiple access points connect the development to surrounding roadways, and the property is within walking distance to the SunRail Station. A recently constructed Tractor Supply is nearby, and additional development plans referenced include a new major Target-anchored shopping center and a hospital coming soon at the southern part of the intersection.
This offering is a practical fit for owner-users and small businesses that want the flexibility to design their own interior from shell condition, as well as investors seeking individually purchased buildings rather than traditional leasing. The building’s primary roadway frontage along Old Tampa Hwy is positioned to support retail and office visibility serving the growing Poinciana and greater Kissimmee community. Each building is sold individually, with the development configured to accommodate both retail and office plans.
Poinciana Exchange is situated on the northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot. The tenant mix in the immediate area includes Wawa, Twistee Treat, and Family Dollar, supporting strong national retail traffic along the US 17-92 and South Poinciana corridor where the development is also described as having a combined daily traffic count exceeding 49,000 cars per day. Multiple access points connect the development to surrounding roadways, and the property is within walking distance to the SunRail Station. A recently constructed Tractor Supply is nearby, and additional development plans referenced include a new major Target-anchored shopping center and a hospital coming soon at the southern part of the intersection.
This offering is a practical fit for owner-users and small businesses that want the flexibility to design their own interior from shell condition, as well as investors seeking individually purchased buildings rather than traditional leasing. The building’s primary roadway frontage along Old Tampa Hwy is positioned to support retail and office visibility serving the growing Poinciana and greater Kissimmee community. Each building is sold individually, with the development configured to accommodate both retail and office plans.
Key Highlights
- Under construction single‑story commercial building (Building #07) at Poinciana Exchange, Year Built 2026
- Dark gray shell delivery with a fully customizable interior for Retail or Office use
- Construction materials: block and stucco; metal roof
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.8k | $17.40 |
| − Vacancy | −$7.2k | −$1.36 |
| EGI | $85.6k | $16.04 |
| − OpEx | −$25.7k | −$4.81 |
| NOI | $59.9k | $11.23 |
5,336 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$856.0K
$749.0K – $998.7K
NOI $59,923 @ 7.0% cap · market cap 3.21%
Second Best
Flex RnD
$410.3K
$359.0K – $478.6K
NOI $28,718 @ 7.0% cap · market cap 1.54%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,760 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Single-story building in dark gray shell condition with customizable interior, positioned in a new retail and office development.
Where is this flex space located?
The property is located at 5028 OLD TAMPA HWY Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,867,600.
What are key features of this property?
This property features: Under construction single‑story commercial building (Building #07) at Poinciana Exchange, Year Built 2026; Dark gray shell delivery with a fully customizable interior for Retail or Office use; Construction materials: block and stucco; metal roof