2900 W Vine St, Kissimmee, FL 34741
- Retail space
- 7,284 SF
- 0.87 lot acres
Current Use by Public Records
- Kitchen & Bath Gallery / (Bike/Boat/Book/etc) Store / Kitchen & Bath Showroom
Property Details for 2900 W Vine St
- Year built
- 1999
- Lot size
- 0.87 lot acres
- Zone code
- OPUD
- Property type
- Retail space
- APN
- 202529122900010010
- APU
- 202529122900010010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 15, 2023 | $2,500,000 | Muhammad A Balouch | Tariq Iqbal | Warranty Deed | — |
| Jun 15, 2023 | — | Tariq Iqbal | T & A Enterprise Investments LLC | Warranty Deed | $775k · The Bank Of Tampa |
| Sep 27, 2018 | $1,000,000 | T & A Ent Investments LLC | Vgp Kissimmee 1 LLC | Grant Deed | — |
| Sep 27, 2018 | — | T & A Enterprise Investments LLC | Vgp Kissimmee 1 LLC | Special Warranty Deed | $511k · Regions Bank |
| Jun 4, 2018 | — | Vgp Kissimmee 1 LLC | Garcia,mario JR | Affidavit Of Death · related | $20M · Synovus Bk |
| May 31, 2018 | — | Vgp Kissimmee 1 LLC | Validus Group Partners Ltd | Grant Deed | — |
| Oct 11, 2013 | $1,275,000 | Validus Group Partners Ltd | Fortin Family LLC | Warranty Deed | — |
| May 26, 2005 | — | Fortin Family | Fortin Family Ptshp | Quit Claim Deed · related | — |
| Oct 9, 1998 | $475,000 | Fortin Family Partnership | Smith,robert M | Grant Deed | — |
| — | — | Fortin Family LLC | — | Deed Of Trust · related | $927k · Ge Com'l Finance Business Prop |
| — | — | Validus Group Partners Ltd | — | Loan Modification · related | $10M · Synovus Bank |
Description
This exceptional 7,332 square foot freestanding retail building presents a prime investment opportunity in Kissimmee, Florida. Located at 2900 W Vine Street, at the hard corner of a signalized intersection with N Orange Blvd, this single-tenant property boasts excellent visibility due to its location on US Highway 192 (W Vine Street & W Irlo Bronson Memorial Highway) and large pylon signage. Built in 1999, the building features an expansive open floor plan, durable concrete flooring, and an industrial ceiling, making it suitable for a variety of retail uses. The property includes 37 parking spaces, catering to customer convenience. Zoned for retail use, this Osceola County property is situated within Kissimmee's thriving retail corridor, offering unparalleled access to a large customer base. The asking rate is a competitive $26 per square foot per year. This property's strategic location and functional design make it an ideal investment for discerning business owners seeking high visibility and strong potential for growth. The property is situated in the Kissimmee submarket.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,595,000
- ML approach
- $2,295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,385,000
- 6.5%
- $2,200,000
- 7%
- $2,045,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,608,000
Market price range: $1.28M - $2.60M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,845,000 Current use
- AUTO REPAIR, GARAGE
- $2,175,000 Change: +18% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,065,000 Change: +12% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,010,000 Change: +9% Conversion: Difficult
- OFFICE BUILDING
- $1,910,000 Change: +4% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,625,000 Change: -12% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,615,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4326
- Latitude
- 28.304
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
