2481 Ham Brown Rd Kissimmee, FL 34746
For Sale
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This exceptional 15.72-acre commercial and residential development site is located in the rapidly expanding Poinciana area of Kissimmee, Florida. Situated on Ham Brown Road, this property boasts 658 feet of frontage and offers significant development potential. The parcel is zoned PD - FLU - Community Center Peripheral, allowing for a mixed-use project with residential density between eight and eighteen units per acre. Office and professional services, along with ancillary commercial uses, may also be permitted. Approximately 10.45 acres are uplands, and utilities are readily available. The property's strategic location is just 1.8 miles south of US 17-92, providing easy access to major transportation routes and amenities. The surrounding area is experiencing substantial growth, with a nearby 193-acre site planned for a large residential development and a recently completed 95-unit townhome development. The proximity to the new Lowes Distribution Center further enhances the property's value and appeal. This prime location offers an unparalleled opportunity for developers seeking to capitalize on the booming Poinciana market. The asking price for this exceptional development opportunity is $3,400,000. The property's APN is 13-26-28-0000-0015-0000. This is a rare chance to acquire a substantial land parcel in a high-demand area poised for continued expansion.
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.