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4005 Reaves Rd Kissimmee, FL 34746

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For Sale
$1,850,000

Five acre lot zoned R2 with future MDR use.

Property size:
5 SF
Lot size:
5.00 Acres

Property Features for 4005 Reaves Rd

General Information

Size
5 SF
Lot size
5.00 Acres

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Listing Contact
Lance Cobb
Lance Cobb
Source: Svn

Listing Agent: Lance Cobb

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Five Acre Multifamily Development Opportunity

This property features a five-acre lot zoned R2, with future zoning allowing for Medium-Density Residential (MDR) use at a density of 18 units per acre. The property is offered as a standalone parcel, but there is an option to acquire an additional 10 acres, creating a total of 15 acres suitable for a multifamily development of up to 270 units. The location is near Kids R Kids Bellalago, built in 2018 and sold in 2020, and a new Mater Academy High School. It is also located one minute from the new Valencia College Poinciana Campus, with convenient access to Pleasant Hill Boulevard, Reaves Road Extension, and Poinciana Parkway. The property is situated just 0.3 miles from the intersection of Pleasant Hill Boulevard and Reaves Road, and it benefits from dual access along Reaves Road, which is advantageous for multifamily developers. Pleasant Hill Road experiences over 43,000 Average Daily Traffic (ADT). Reaves Road (Westside) and Reaves Road Extension connect to Pleasant Hill Road. Current new developments in the area include a Life Storage and a Wendy’s. Across Reaves Road Extension, there is UCF Valencia College, with groundbreaking underway for a 7-Eleven gas station, Starbucks, a dental facility, a medical center, and a Tijuana Flats Restaurant. The property is 6.2 miles from Poinciana Medical Hospital, a 177,000 square foot full-service emergency care facility specializing in senior care and surgical services.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Kissimmee
County
Polk
State
Florida
Longitude
-81.4438181
Latitude
28.1990838

FAQs

What type of property is this?
Land - Five acre lot zoned R2 with future MDR use.
Where is this land located?
The property is located at 4005 Reaves Rd Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: - Zoned R2 with future zoning for MDR (18 units per acre), offering significant development potential.; - Option to acquire an additional 10 acres for a total of 15 acres, allowing for a multifamily development of up to 270 units.; - Located adjacent to Kids R Kids Bellalago and a brand new Mater Academy High School.
More about this property
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