Commercial Land with Income
For Sale
$1,100,000
809 N John Young Pkwy, Kissimmee, FL 34741
Commercial land with income-producing properties on John Young Parkway.
Property Size4,133 SF
Lot Size1.00 Acre
Price / SF$266.15
Days on Market233
Property Features for 809 N John Young Pkwy
General Information
Standard status
Active
Size
4,133 SF
Lot size
1.00 Acre
Building Details
Year Built
1944
Listing Agency:
CENTURY 21 ALL HOMES & PROPERT
Listed By:
Kish Munjal · License #622065
(407) 922-2100
Source:
Globalsapphirerealty
Added: Mar 10
Changed: Oct 25
Last Checked: Oct 28 at 11:31AM
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 CENTURY 21 ALL HOMES & PROPERT
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial and multifamily parcel features five lots with several income-producing properties. Situated on over 1 acre of land, the property is zoned for commercial development and redevelopment. Located on John Young Parkway, this property offers potential for increased income with improvements. The site includes 9 bonus income-producing properties.
Key Highlights
- Commercial land with 9 bonus income‑producing properties.
- Located on over 1 acre of land.
- Zoned for commercial development/redevelopment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,754
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,080
$1.0M
Cap Rate 7%
$725,057
$725.1K
Cap Rate 9%
$563,933
$563.9K
Market Conditions
NOI Build-Up for 4,133 SF
Gross rent
$98.7K $23.88/SF
− Vacancy
−$6.4K −$1.55/SF
EGI
$92.3K $22.33/SF
− OpEx
−$41.5K −$10.05/SF
NOI
$50.8K $12.28/SF
Area
Osceola County, FL
Vacancy
6.50%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,080
Cap Rate 7%
$725,057
Cap Rate 9%
$563,933
Alternative Uses
Best Use
Apartment 5plus
$725.1K
$634.4K – $845.9K
NOI $50,754 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,459 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,515
Businesses Nearby
Explore this area
Business Placement
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with income-producing properties on John Young Parkway.
Where is this commercial land located?
The property is located at 809 N John Young Pkwy Kissimmee, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Commercial land with 9 bonus income‑producing properties.; Located on over 1 acre of land.; Zoned for commercial development/redevelopment.
