For Auction

8.0 AC Orlando MSA | 16% Pop Growth

Adj. to 4300 Chestnut Street,
Kissimmee, FL 34759Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
8.01 Acres
Land Area

Offering Summary

Investment Highlights

  • ±8.0 AC of Land in the Rapidly Growing Community of Kissimmee, Florida
  • ±30 miles from Downtown Orlando | ±20 miles from Disney World 
  • Zoned High Density Residential | Osceola County Offers Many Economic Incentive Opportunities Including Fast Track Permitting
  • Attractive 2022c demographics with 5-mile population of ±71,146 and annual household income of ±$63,650
  • Tremendous 39.12% growth from 2010-2022 and future 16% growth anticipated (5-mile radius)
 

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present a ±8.0-acre commercial land parcel near 4300 Chestnut Street (“Property”) in Poinciana, Florida. The Property offers an exceptional investment opportunity via development in the rapidly growing central Florida market!

Kissimmee is the largest city and county seat of Osceola County. Kissimmee has evolved from a transportation hub in the late nineteenth century into one of the top vacation destinations in the world. Tourism and hospitality are at the heart of the local economy. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2022 population of ±68,400 people and average household income of $64,501 within a 5-mile radius. The area has benefited from significant population growth of ±39.12% from 2010-2022 and will continue to benefit from a population that is expanding, with ±16.51% growth projected from 2022 - 2027 (5-mile radius).

Also available from this seller:
 

Due Diligence

Transaction Manager

Damian Smoter
Marketplace
(800) 915-7015dsmoter@realinsight.com

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU93
Fisher Auction Co: AB106

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

info@rimarketplace.com800-915-7015

Closed

This asset was part of the July 20th, 2022 auction event, resulting in a successful transaction that closed in just 33 days.
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Investment Sales Brokers

Adam Sklaver
Marcus & Millichap
FL License: SL3429070
(301) 706-4619adam.sklaver@marcusmillichap.com
Philip Kates
Marcus & Millichap
FL License: SL3235872
(305) 206-1286philip.kates@marcusmillichap.com
Kyle Hynes
Marcus & Millichap
(617) 699-0128kyle.hynes@marcusmillichap.com

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.