1751 Fortune Rd Kissimmee, FL 34744
This exceptional 1.39-acre commercial lot presents a remarkable investment opportunity in Kissimmee, Florida. Located at 1751 Fortune Rd, this property is zoned for commercial use and boasts a highly visible location with excellent traffic flow. The site is already cleared and graded, with utilities readily available. A significant advantage is its proximity to Neo City, a 500-acre master-planned technology park, ensuring strong future growth potential. Furthermore, the property is adjacent to Osceola Heritage Park, home to the Silver Spurs Arena and Orlando City Soccer Training Center, attracting over 700,000 visitors annually. The location also benefits from its proximity to Valencia College-Osceola Campus (20,000 students enrolled, 1 mile away) and a 5-mile trade area encompassing 195,161 residents. Adding to the appeal, over 1,000 multifamily units are currently under construction in the immediate vicinity, and four hotels are in various planning stages. An adjacent multi-tenant building enjoys 100% occupancy, further highlighting the area's strong demand. Off-site stormwater management is in place. This property offers unparalleled potential for retail development or other commercial ventures in a thriving and rapidly expanding area. The asking price is $1,400,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.