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Property profile & analytics
OFF-MARKET Estimated value $2,115,000
Office buildings

4951 Calypso Cay Way Kissimmee, FL 34746-5522

8,601 SF 1.09 ac lot Built 1991
Entity Owned 26-yr Hold ~ Est. High Equity
Property ID
US18-1937986
Property summary
AI-generated overview

This exceptional 9,500 square foot retail space, located at 4951 Calypso Cay Way in Kissimmee, Florida, presents a unique investment opportunity. Situated on a 1.14-acre lot in Osceola County (zip code 34746), this single-tenant property is currently vacant and ready for immediate occupancy, projected for Q1 2025. The building's previous use was a restaurant/office, offering a versatile layout adaptable to various retail, restaurant, or medical uses. Its prime location boasts high visibility and significant traffic volume, with approximately 35,500 vehicles per day passing on FL-535, ensuring substantial exposure for your business. The property is commercially zoned and offers ample space for development and customization to meet your specific needs. The total building size is 9,500 square feet, with all 9,500 square feet currently available. This presents a rare chance to establish a thriving business in a high-traffic area of Kissimmee. The property's location offers excellent accessibility and visibility, making it an ideal choice for a variety of commercial ventures. Don't miss this opportunity to secure a prominent location in a rapidly growing market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1991
Total area 8,601 SF
Lot 1.09 ac (47,480 SF)
Zoning code OPD
APN 22528370500010020
UPID US18-1937986
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CheerSurge Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.11M
Comparable Approach Comparable
$2.42M
Blend (final) Blend
$2.12M
Owner & transaction history
Timescape Resorts LLC · 26 yrs held
Timescape Resorts LLC
since 2000
4 recorded transactions
2019
Price N/A
2000
$1.7M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OPD · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.6M +15.6%
Neighborhood: shopping center $2.4M +9.7%
Industrial (general) $2.4M +6.6%
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