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    7516 Irlo Bronson Memorial Hwy Kissimmee, FL 34747

    Sponsored
    For Sale
    $9,000,000

    Prime FL location, redevelopment opportunity.

    Property size:
    16,980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.53-acre mixed-use property in Kissimmee, Florida, presents a compelling redevelopment opportunity. Located at 7516 W Irlo Bronson Memorial Hwy, this site boasts 16,980 square feet of space, with 15,900 square feet of net rentable area, and is priced at $9,000,000 ($530.04 per square foot). The property currently houses an operating restaurant and retail businesses, supported by 138 parking spaces. An existing office building is available for remodeling, and an additional 3,400+ square feet offers significant development potential. The property benefits from a highly desirable "CT" Commercial Tourist zoning designation in Osceola County, strategically positioned between Interstate I-4 and SR 429, minutes from Celebration, FL and Margaritaville Resort. Irlo Bronson Highway (Highway 192) experiences over 100,000 vehicles weekly, ensuring high visibility and significant traffic flow. This presents a tremendous upside for cap rate and ROI, particularly attractive for a single-user owner/operator restaurant seeking to establish a branded concept or a new mixed-use development incorporating hotel, restaurant, and retail components. The property's location and zoning make it ideal for maximizing returns on investment.

    Property Features for 7516 Irlo Bronson Memorial Hwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    16,980 SF
    Lot Size
    110,207 SF

    HighLights

    • 2.53‑acre mixed‑use property in Kissimmee, FL, offering redevelopment potential.
    • Ideal for a single‑user owner/operator restaurant seeking to establish a branded concept.
    • Highest and best use as a new mixed‑use development incorporating hotel, restaurant, and retail components for excellent cap rate and ROI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Black Angus Steakhouse Steak House Treasure Island Gift ... Gift Shop

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Realty agency Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.586706627332
    Latitude
    28.331820791423

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    FAQs

    What type of property is this?
    Lifestyle center - Prime FL location, redevelopment opportunity.
    Where is this lifestyle center located?
    The property is located at 7516 Irlo Bronson Memorial Hwy Kissimmee, FL.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: 2.53-acre mixed-use property in Kissimmee, FL, offering redevelopment potential.; Ideal for a single-user owner/operator restaurant seeking to establish a branded concept.; Highest and best use as a new mixed-use development incorporating hotel, restaurant, and retail components for excellent cap rate and ROI.
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    7516 Irlo Bronson Memorial Hwy Kissimmee, FL 34747
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    Kissimmee, FL 34747
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7516 Irlo Bronson Memorial Hwy Kissimmee, FL 34747
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