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Dark Gray Shell Flex Building

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
4204 Foxhound Dr, Clermont, FL
Listed by Wyatt Marks · License #3135582
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.

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 (±1% cap)
NOI $59,923 @ 7.0% cap · market cap 3.21%
Second Best
Flex RnD
$410.3K
$359.0K – $478.6K (±1% cap)
NOI $28,718 @ 7.0% cap · market cap 1.54%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
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

Suggested Use

Dental Office Parking Lot & Garage HVAC Service Pharmacy Nail Salon Plumbing Service Grocery & Convenience Store Storage Facility Bakery Locksmith

Zoning and permitted uses should be independently verified with local authorities.

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
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