Search
Single-Story Retail and Office Building
For Sale
$1,993,600

5086 OLD TAMPA HWY 02, Kissimmee, FL 34758

Under-construction building #02 in a mixed-use exchange with flexible interior design and shared patio space.

Property Size5,545 SF
Days on Market55

Property Features for 5086 OLD TAMPA HWY 02

General Information

Standard status Active
Size 5,545 SF
Property subtype Commercial

Additional Details

Traffic Count 49,000 vehicles/day

Building Details

Building Size 5,545 SF
Year Built 2026
Stories 1
Units 1
Listing Agency: THE MARKS GROUP REALTY, LLC
Listed By: Wyatt Marks · License #3135582
Source: Elliman
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 13 at 9:18AM

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 #02 at Poinciana Exchange is a single-story retail and office structure delivered in dark gray shell condition. The interior is fully customizable, allowing an owner-user or investor to design a layout that fits their operating needs. The development also includes a shared patio space that can support outdoor seating or a customer amenity area, and offers pylon sign access at entrances to the project.

The exchange is positioned at the northeast corner of Poinciana Blvd and Orange Blossom Trail, adjacent to The Home Depot, and is surrounded by national retail traffic including Wawa, Twistee Treat, and Family Dollar. Public remarks cite a combined daily traffic count exceeding 49,000 cars per day for the area. The site is described as having numerous access points from surrounding roadways and being within walking distance to the SunRail Station.

For tenants and buyers seeking build-to-suit flexibility, this individually sold building provides a starting point in shell condition with the ability to configure the interior. Its retail-and-office design options, shared patio amenity, and multiple access points support a range of small business and service uses serving the expanding Kissimmee and Poinciana market.

Key Highlights

  • Under construction: year built 2026
  • Building #02 at Poinciana Exchange in west of downtown Kissimmee
  • Northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot

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
$68,120
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
3.42%
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%
$1,362,400 $1.4M
Cap Rate 7%
$973,143 $973.1K
Cap Rate 9%
$756,889 $756.9K
Market Conditions
NOI Build-Up for 5,545 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
$116.4K $21.00/SF
− Vacancy
−$25.6K −$4.62/SF
EGI
$90.8K $16.38/SF
− OpEx
−$22.7K −$4.10/SF
NOI
$68.1K $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%
$1,362,400
Cap Rate 7%
$973,143
Cap Rate 9%
$756,889

Alternative Uses

Best Use
Office B
$973.1K
$851.5K – $1.14M (±1% cap)
NOI $68,120 @ 7.0% cap · market cap 3.42%
Second Best
Retail
$889.6K
$778.4K – $1.04M (±1% cap)
NOI $62,270 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M (±1% cap)
NOI $93,276 @ 7.0% cap · market cap 4.68%
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

49,000 VPD
Traffic count

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Under-construction building #02 in a mixed-use exchange with flexible interior design and shared patio space.
Where is this retail space located?
The property is located at 5086 OLD TAMPA HWY 02 Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,993,600.
What are key features of this property?
This property features: Under construction: year built 2026; Building #02 at Poinciana Exchange in west of downtown Kissimmee; Northeast corner of Poinciana Blvd & Orange Blossom Trail, adjacent to The Home Depot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message