Retail Building with
For Sale
$1,456,000
5080 Old Tampa Hwy Unit 03, Kissimmee, FL 34758
Single-story retail shell with flexible interior planning, shared patio access, and an approved drive-through.
Property Size4,181 SF
Price / SF$348.24
Days on Market32
Property Features for 5080 Old Tampa Hwy Unit 03
General Information
Standard status
Active
Size
4,181 SF
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
49,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Furnished
No
Amenities
shared patio space
Building Details
Year Built
2026
Buildings
1
Stories
1
Abandoned
No
Listing Agency:
THE MARKS GROUP REALTY, LLC
(352) 432-8678
Listed By:
Wyatt Marks · License #3135582
Source:
Livewelltampabay
Added: Jul 31
Changed: Aug 29
Last Checked: Aug 30 at 8:06PM
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 #03 is a 4,181-square-foot retail property under construction, scheduled for completion in 2026. The single-story structure will be delivered in dark gray shell condition, allowing the interior to be configured for the owner’s planned operation. An approved drive-through, shared patio area, and pylon sign access are included in the project’s features.
The development is positioned near major retail users including The Home Depot, Wawa, Twistee Treat, Family Dollar, Tractor Supply, and a Target-anchored shopping center planned nearby. Combined traffic at the surrounding intersection exceeds 49,000 cars per day. The project includes multiple roadway access points and is within walking distance of a SunRail station, serving the Poinciana and greater Kissimmee market.
The development is positioned near major retail users including The Home Depot, Wawa, Twistee Treat, Family Dollar, Tractor Supply, and a Target-anchored shopping center planned nearby. Combined traffic at the surrounding intersection exceeds 49,000 cars per day. The project includes multiple roadway access points and is within walking distance of a SunRail station, serving the Poinciana and greater Kissimmee market.
Key Highlights
- 4,181‑square‑foot retail building under construction
- Scheduled 2026 completion with dark gray shell delivery
- Approved drive‑through included
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
$51,364
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
3.53%
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%
$1,027,280
$1.0M
Cap Rate 7%
$733,771
$733.8K
Cap Rate 9%
$570,711
$570.7K
Market Conditions
NOI Build-Up for 4,181 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
$87.8K $21.00/SF
− Vacancy
−$19.3K −$4.62/SF
EGI
$68.5K $16.38/SF
− OpEx
−$17.1K −$4.10/SF
NOI
$51.4K $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%
$1,027,280
Cap Rate 7%
$733,771
Cap Rate 9%
$570,711
Alternative Uses
Best Use
Office B
$733.8K
$642.1K – $856.1K
NOI $51,364 @ 7.0% cap · market cap 3.53%
Second Best
Retail
$670.7K
$586.9K – $782.5K
NOI $46,952 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.00M
$879.1K – $1.17M
NOI $70,331 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
49,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Single-story retail shell with flexible interior planning, shared patio access, and an approved drive-through.
Where is this retail space located?
The property is located at 5080 Old Tampa Hwy Unit 03 Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,456,000.
What are key features of this property?
This property features: 4,181‑square‑foot retail building under construction; Scheduled 2026 completion with dark gray shell delivery; Approved drive‑through included
