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Property profile & analytics
OFF-MARKET Estimated value $2,815,000
Theaters & concert halls

5390 Irlo Bronson Memorial Hwy Kissimmee, FL 34746-4754

6,388 SF 4.97 ac lot Built 1996
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-3244679
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1996
Construction FRAME
Total area 6,388 SF
Lot 4.97 ac (216,493 SF)
Zoning code OPD
APN 102528371300010020
UPID US18-3244679
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
  • Caribbean Rhythms Dinner Show Restaurant Theater & Performing Art Venue
  • Cirque Dunk Crew Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.82M
Owner & transaction history
Polynesian Isle Properties LLC · 2 yrs held
Polynesian Isle Properties LLC
since 2023
Last sale
$2.8M
4 recorded transactions
2023
$2.8M
2006
$2.5M
2004
$2.5M
2004
Price N/A
Zoning & alternative use
OPD · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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