Mixed-Use Property with
For Sale
Contact for pricing
4741 West Irlo Bronson Memorial Highway, Kissimmee, FL 34746
Hospitality and commercial components occupy a visible tourism-corridor property with CT zoning and an included liquor license.
Property Size11,391 SF
Lot Size1.03 Acres
Price / SF$395.05
Days on Market14
Property Features for 4741 West Irlo Bronson Memorial Highway
General Information
Standard status
Active
Size
11,391 SF
Class
C
Lot size
1.03 Acres
Property subtype
Retail, Hospitality, Mixed Use
Zoning
CT
Occupancy
80%
Investment Type
Stabilized
Additional Details
Asking Price
$4,500,000
Road Access
Yes
Liquor License
Yes
Building Details
Year Built
1983
Year Renovated
2026
Buildings
1
Stories
2
Units
26
Tenancy
Multi
Listing Agency:
Acropolis Realty Group
(315) 575-5528
Listed By:
Jeremy Allen · License #10401329024
Source:
Crexi
Added: Aug 18
Changed: Aug 30
Last Checked: Aug 30 at 4:36AM
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 Acropolis Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property combines a 26-room motel with several commercial components on approximately 1.03 acres. The improvements total approximately 11,391 SF and include upgraded guest rooms, a wing shop, a barbershop, and a fully licensed liquor store. The liquor license is included in the sale. Built in 1983, the property also offers approximately 3,000 SF of potential second-story expansion.
The site fronts W. Irlo Bronson Memorial Hwy with more than 160 feet of frontage in Kissimmee's tourism corridor. CT zoning supports tourist-oriented and commercial uses. An additional component at 4739 W. Irlo Bronson Memorial Hwy may accommodate a car rental agency, ticket agency, or another tourism-focused business. The property is positioned within the Central Florida hospitality market and near Walt Disney World and Universal Orlando.
The site fronts W. Irlo Bronson Memorial Hwy with more than 160 feet of frontage in Kissimmee's tourism corridor. CT zoning supports tourist-oriented and commercial uses. An additional component at 4739 W. Irlo Bronson Memorial Hwy may accommodate a car rental agency, ticket agency, or another tourism-focused business. The property is positioned within the Central Florida hospitality market and near Walt Disney World and Universal Orlando.
Key Highlights
- 26‑room motel with upgraded guest rooms
- Approximately 1.03‑acre property with more than 160 feet of frontage on W. Irlo Bronson Memorial Hwy
- Approximately 11,391 SF of improvements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$128,277
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,565,540
$2.6M
Cap Rate 7%
$1,832,529
$1.8M
Cap Rate 9%
$1,425,300
$1.4M
Market Conditions
NOI Build-Up for 11,391 SF
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.
Gross rent
$225.5K $19.80/SF
− Vacancy
−$20.3K −$1.78/SF
EGI
$205.2K $18.02/SF
− OpEx
−$77.0K −$6.76/SF
NOI
$128.3K $11.26/SF
Area
Polk County, FL
Vacancy
9.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,565,540
Cap Rate 7%
$1,832,529
Cap Rate 9%
$1,425,300
Alternative Uses
Best Use
Mixed Use
$1.83M
$1.60M – $2.14M
NOI $128,277 @ 7.0% cap · market cap 2.85%
Second Best
Retail
$1.83M
$1.60M – $2.13M
NOI $127,920 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.74M
$2.40M – $3.19M
NOI $191,615 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
313k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 57%
Shops & Services 17%
Dining 15%
Apparel 8%
Target
Superstores
90,483 visits/mo
0.2 miles
Sam's Club
Superstores
88,810 visits/mo
0.3 miles
Sam's Club Gas Station
Shops & Services
35,496 visits/mo
0.2 miles
Marshalls
Apparel
18,572 visits/mo
0.3 miles
Wendy's
Dining
12,868 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Hospitality and commercial components occupy a visible tourism-corridor property with CT zoning and an included liquor license.
Where is this mixed-use property located?
The property is located at 4741 West Irlo Bronson Memorial Highway Kissimmee, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 26‑room motel with upgraded guest rooms; Approximately 1.03‑acre property with more than 160 feet of frontage on W. Irlo Bronson Memorial Hwy; Approximately 11,391 SF of improvements
