Under-Construction Flex Space with
For Sale
$1,993,600
5086 OLD TAMPA HWY #02, Kissimmee, FL 34758
Single-story flex space delivered in dark gray shell with a shared patio and pylon sign access at the development entrances.
Property Size5,545 SF
Days on Market66
Property Features for 5086 OLD TAMPA HWY #02
General Information
Standard status
Active
Size
5,545 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Traffic Count
49,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
shared patio space
pylon sign access
Building Details
Building Size
5,545 SF
Year Built
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
THE MARKS GROUP REALTY, LLC
(352) 432-8678
Listed By:
Wyatt Marks · License #3135582
(352) 432-8678
Source:
Mbifloridarealty
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 13 at 1:15PM
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 an under-construction single-story flex space being delivered in dark gray shell condition with a fully customizable interior. The layout is designed for owner-user or small business flexibility, with a shared patio space available for outdoor seating or a customer amenity area. Each building is sold individually.
Located at the northeast corner of Poinciana Blvd & Orange Blossom Trail, the development is adjacent to The Home Depot and positioned among national retail traffic, including Wawa, Twistee Treat, and Family Dollar. The combined daily traffic count exceeds 49,000 cars per day along the US 17-92 and South Poinciana corridor, with multiple access points from surrounding roadways. The project is in walking distance to the SunRail Station and includes pylon sign access at the entrances.
The address is 5086 Old Tampa Hwy #02, Kissimmee, FL 34758, with an expected year built of 2026. Curbs and sidewalks are included.
Located at the northeast corner of Poinciana Blvd & Orange Blossom Trail, the development is adjacent to The Home Depot and positioned among national retail traffic, including Wawa, Twistee Treat, and Family Dollar. The combined daily traffic count exceeds 49,000 cars per day along the US 17-92 and South Poinciana corridor, with multiple access points from surrounding roadways. The project is in walking distance to the SunRail Station and includes pylon sign access at the entrances.
The address is 5086 Old Tampa Hwy #02, Kissimmee, FL 34758, with an expected year built of 2026. Curbs and sidewalks are included.
Key Highlights
- Under‑construction single‑story flex space, Building #02
- Delivered in dark gray shell with fully customizable interior
- Shared patio space for outdoor seating or customer amenity 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
$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
NOI $68,120 @ 7.0% cap · market cap 3.42%
Second Best
Retail
$889.6K
$778.4K – $1.04M
NOI $62,270 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,276 @ 7.0% cap · market cap 4.68%
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
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Flex space - Single-story flex space delivered in dark gray shell with a shared patio and pylon sign access at the development entrances.
Where is this flex 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 single‑story flex space, Building #02; Delivered in dark gray shell with fully customizable interior; Shared patio space for outdoor seating or customer amenity use
