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Single-Story Retail Shell
For Sale
$1,251,250

5016 Old Tampa Highway Unit 9, Kissimmee, FL 34758

New construction provides a customizable interior for retail or office use.

Property Size3,322 SF
Price / SF$376.66
Days on Market158

Property Features for 5016 Old Tampa Highway Unit 9

General Information

Standard status Active
Size 3,322 SF
Property subtype Commercial

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Additional Details

Furnished No

Amenities

walking distance to SunRail Station

Building Details

Year Built 2026
Buildings 1
Stories 1
Listing Agency: THE MARKS GROUP REALTY,LLC
Listed By: Wyatt Marks · License #3135582
Source: Realtygroupfl
Added: Mar 29 Changed: Sep 2 Last Checked: Sep 1 at 8:48PM

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 THE MARKS GROUP REALTY,LLC

Investment Insights

Based on property information with market context.

Building 09 is under construction as a 3,322-square-foot, single-story commercial property scheduled for completion in 2026. Delivery is planned in dark gray shell condition, allowing the interior to be configured for retail or office occupancy. The building is sold individually and includes access to development pylon signage.

The property fronts Old Tampa Highway within Poinciana Exchange, at the northeast corner of Poinciana Boulevard and Orange Blossom Trail. The surrounding development includes The Home Depot, Wawa, Twistee Treat, and Family Dollar, with combined daily traffic exceeding 49,000 cars per day. Multiple roadway access points serve the project, and the site is within walking distance of a SunRail station. Nearby development includes Tractor Supply, a Target-anchored shopping center, and a hospital planned at the southern portion of the intersection.

Key Highlights

  • 3,322‑square‑foot single‑story building under construction
  • Planned 2026 completion with dark gray shell delivery
  • Customizable interior suitable for retail or office use

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
$40,811
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
3.26%
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%
$816,220 $816.2K
Cap Rate 7%
$583,014 $583.0K
Cap Rate 9%
$453,456 $453.5K
Market Conditions
NOI Build-Up for 3,322 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
$69.8K $21.00/SF
− Vacancy
−$15.3K −$4.62/SF
EGI
$54.4K $16.38/SF
− OpEx
−$13.6K −$4.10/SF
NOI
$40.8K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
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%
$816,220
Cap Rate 7%
$583,014
Cap Rate 9%
$453,456

Alternative Uses

Best Use
Office B
$583.0K
$510.1K – $680.2K (±1% cap)
NOI $40,811 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$532.9K
$466.3K – $621.8K (±1% cap)
NOI $37,306 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$798.3K
$698.5K – $931.4K (±1% cap)
NOI $55,881 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Pharmacy Nail Salon Plumbing 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 34758, FL

43,282
Population
14,977
Households
2.9
Avg Household Size
36
Median Age
18%
College-Educated
89%
High-School Grad
26.1 sq mi
ZIP Area
1,658
Density / Sq Mi
$67,128
Median Household Income
$35,057
Median Earnings
$1,780
Median Rent
$280,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction provides a customizable interior for retail or office use.
Where is this retail space located?
The property is located at 5016 Old Tampa Highway Unit 9 Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,251,250.
What are key features of this property?
This property features: 3,322‑square‑foot single‑story building under construction; Planned 2026 completion with dark gray shell delivery; Customizable interior suitable for retail or office use
More about this property
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