Five Acre Multifamily Development
For Sale
$1,850,000
4005 Reaves Rd, Kissimmee, FL 34746
Five acre lot zoned R2 with future MDR use.
Property Size5 SF
Price / SF$370,000
Days on Market289
Property Features for 4005 Reaves Rd
General Information
Standard status
Active
Size
5 SF
Property subtype
Land
Listing Agency:
SVN | Commercial Advisory Group Sarasota
Listed By:
Lance Cobb · License #FL #SL3483253
(941) 356-4781
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 21
Last Checked: Sep 5 at 7:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Commercial Advisory Group Sarasota
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
Demographics for 34746, FL
56,344
Population
25,533
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
44.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$67,677
Median Household Income
$33,592
Median Earnings
$1,793
Median Rent
$328,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
