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Property profile & analytics
OFF-MARKET Estimated value $920,000
Turn key restaurants

7516 Irlo Bronson Memorial Hwy Kissimmee, FL 34747-1767

15,900 SF 2.53 ac lot Built 1983
Entity Owned Free & Clear
Property ID
US18-7875864
Property summary
AI-generated overview

This exceptional 2.53-acre mixed-use property in Kissimmee, Florida, presents a compelling redevelopment opportunity. Located at 7516 W Irlo Bronson Memorial Hwy, this site boasts 16,980 square feet of space, with 15,900 square feet of net rentable area, and is priced at $9,000,000 ($530.04 per square foot). The property currently houses an operating restaurant and retail businesses, supported by 138 parking spaces. An existing office building is available for remodeling, and an additional 3,400+ square feet offers significant development potential. The property benefits from a highly desirable "CT" Commercial Tourist zoning designation in Osceola County, strategically positioned between Interstate I-4 and SR 429, minutes from Celebration, FL and Margaritaville Resort. Irlo Bronson Highway (Highway 192) experiences over 100,000 vehicles weekly, ensuring high visibility and significant traffic flow. This presents a tremendous upside for cap rate and ROI, particularly attractive for a single-user owner/operator restaurant seeking to establish a branded concept or a new mixed-use development incorporating hotel, restaurant, and retail components. The property's location and zoning make it ideal for maximizing returns on investment.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1983
Total area 15,900 SF
Lot 2.53 ac (110,207 SF)
APN 112527339900010020
UPID US18-7875864
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
  • Black Angus Steakhouse Restaurant
  • Treasure Island Gift Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$920k
Owner & transaction history
ANTOINE LILY II LLC
ANTOINE LILY II LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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