5390 Irlo Bronson Memorial Hwy Kissimmee, FL 34746
- Theaters & concert halls
- 6,388 SF
- 4.97 lot acres
Current Use by Public Records
- Caribbean Rhythms Dinner Show / Dinner Theater
- Cirque Dunk Crew / Entertainment Agency
Property Details for 5390 Irlo Bronson Memorial Hwy
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 4.97 lot acres
- Property size
- 6,388 SF
- Zone code
- OPD
- Property type
- Theaters & concert halls
- APN
- 102528371300010020
- APU
- 102528371300010020
Description
This exceptional 1.45-acre commercial land parcel presents a rare build-to-suit or ground lease opportunity in Kissimmee, Florida. Located on the highly trafficked West US Highway 192 (Irlo Bronson Memorial Highway) at the signalized intersection with Scott Boulevard, this property boasts 125 feet of highway frontage and benefits from a prime location within a thriving retail corridor. The site is part of a master-planned development, offering convenient access and cross-access easements. Adjacent to established national retailers including CVS, Aldi, Del Taco, Chili's, Cracker Barrel, Krispy Kreme, UNO Pizzeria & Grill, and Macaroni Grill, this location ensures high visibility and strong consumer traffic. The property is zoned for Tourist Commercial Uses (PD), allowing for a variety of uses such as fast food or fast-casual restaurants, drive-thru coffee shops, banks, urgent care facilities, or dental offices. A preferred site plan includes at least 45 parking spaces, and existing retention is in place. The site's proximity to the under-construction Magic City mixed-use resort community and Wyndham's Cypress Palms timeshare resort further enhances its appeal. This is the last available lot in this development, offering an unparalleled opportunity to establish a presence in a high-growth area of the Orlando MSA. Daily traffic counts exceed 51,000 vehicles. The property offers multiple access points to US-192, ensuring convenient ingress and egress.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,845,000
- 6.5%
- $2,735,000
- 7%
- $2,535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,080,000
- Geo Method
- $2,815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,450,000
- Retail
- $2,500,000
- Mixed-Use
- $2,605,000
- Hospitality
- $2,445,000
- Educational
- $2,915,000
- Residential Income
- $2,885,000
- Energy
- $2,295,000
- Income-Based Land
- $2,360,000
- Food Service
- $2,720,000
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4984
- Latitude
- 28.3319
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA