4965 Irlo Bronson Memorial Hwy Kissimmee, FL 34746-5336
- Strip malls
- 7,098 SF
- 1.24 lot acres
Sep 15, 2022
Current Use by Public Records
- XO Tattoo Shop / Tattoo & Piercing Shop
- XO Coffee Shop / Cafe & Coffee Shop
Property Details for 4965 Irlo Bronson Memorial Hwy
- Year built
- 1987
- Lot size
- 1.24 lot acres
- Property size
- 7,098 SF
- Zone code
- OPD
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 0225283595000100B0
- APU
- 0225283595000100B0
Description
This 0.6-acre commercial land parcel in Kissimmee, Florida, is ideally situated on West Irlo Bronson Memorial Highway, a major retail thoroughfare. Currently part of an existing commercial center, this pad site offers the potential to develop a 40,000 square foot medical office building with structured parking. The seller will complete a lot split prior to closing, having already confirmed support from Osceola County. The property benefits from its proximity to numerous national retailers including Walmart, Publix, TJ Maxx, and Target, as well as Orlando Health. The area boasts over 7,000 residential units and several thousand hotel rooms, ensuring high visibility and potential customer base. Furthermore, the site's location near a new 50-bed, 70,000 square foot Encompass Health Corp hospital (estimated completion Spring 2024) presents a significant advantage. The Future Land Use designation is Urban Center Core (UCC), allowing for maximized buildable area due to the absence of building setbacks or landscape buffers. This UCC designation supports large-scale retail, office, and residential uses, making this a highly versatile and attractive investment opportunity. The asking price is $995,000. The property is zoned for commercial use under an existing Planned Development.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,209,000
Market price range: $1.11M - $3.21M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $4,330,000
- COMMERCIAL (GENERAL)
- $3,885,000
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Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4813
- Latitude
- 28.3338
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA