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Restaurant with Bar and Lounge

4561 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746

For Sale
Contact for pricing

A vacant restaurant building offers bar and lounge areas on a substantial commercial site.

Property Size6,851 SF
Lot Size0.74 Acres
Price / SF$583.86
Days on Market33

Property Features for 4561 W Irlo Bronson Memorial Hwy

General Information

Standard status Active
Size 6,851 SF
Lot size 0.74 Acres
Property subtype Retail
Listing Agency: NAI Realvest - Orlando
Listed By: Krish Pillay · License FL SL684011
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 5:21PM

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 NAI Realvest - Orlando

Rey
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Investment Insights

Based on property information with market context.

The property is a vacant restaurant building totaling 6,851± SF, with dedicated bar and lounge areas. It occupies a 0.74± acre site, combining an existing food-service layout with on-site land area.

Situated on W Irlo Bronson Memorial Hwy in Kissimmee, the address places the property along a named highway corridor.

Key Highlights

  • 6,851± SF vacant restaurant building
  • Bar and lounge areas
  • 0.74± acre site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$148,290
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,965,800 $3.0M
Cap Rate 7%
$2,118,429 $2.1M
Cap Rate 9%
$1,647,667 $1.6M
Market Conditions
NOI Build-Up for 6,851 SF
Gross rent
$205.5K $30.00/SF
− Vacancy
−$7.8K −$1.14/SF
EGI
$197.7K $28.86/SF
− OpEx
−$49.4K −$7.22/SF
NOI
$148.3K $21.65/SF
Area
Osceola County, FL
Vacancy
3.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,965,800
Cap Rate 7%
$2,118,429
Cap Rate 9%
$1,647,667

Alternative Uses

Best Use
Specialty Retail
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,290 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Eclipse Social Club Hotel & Motel

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Storage Facility Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Dining 41% Apparel 11% Hotels & Casinos 1%
McDonald's Dining
33,379 visits/mo 0.4 miles
Dollar Tree Shops & Services
20,158 visits/mo 0.2 miles
Shell Shops & Services
8,116 visits/mo 0.3 miles
El Tenampa Dining
6,822 visits/mo 0.4 miles
Bealls Apparel
6,616 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A vacant restaurant building offers bar and lounge areas on a substantial commercial site.
Where is this conventional restaurant located?
The property is located at 4561 W Irlo Bronson Memorial Hwy Kissimmee, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 6,851± SF vacant restaurant building; Bar and lounge areas; 0.74± acre site
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Includes: Price & PSF · Cap rate · Location · Zoning

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