For Auction

Family Dollar Adjacent 12.39 AC Land | 20% Pop Growth | Orlando MSA

Adjacent to NE Hemlock and Marigold,
Poinciana, FL 34759

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
12.39 Acres
Land Area

Offering Summary

Investment Highlights

  • ±12.39 AC of Land Adjacent to Family Dollar in the Rapidly Growing Community of Poinciana, Florida 
  • ±30 miles from Downtown Orlando | ±20 miles from Disney World
  • Zoned Residential and Subject to Association of Poinciana Villages Declaration  
  • Attractive Demographics with 5-Mile Population of ±51,544 and Annual Household Income of ±$65,505
  • Tremendous 61.05% Growth from 2010-2022 and Future Double-Digit Growth Anticipated (5-mile radius)
  • Median Poinciana Home Listing Price of $294,450
  • Absolute $1 Auction - NO RESERVE
 

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present 12.39 acres adjacent to Family Dollar (the “Property”) in Poinciana, Florida. The Property offers an exceptional investment opportunity via development and first bid meets reserve!

The triangular-shaped parcel surrounds the Family Dollar located at 3495 Marigold Avenue within an established residential community. The Property is positioned near the intersection of Hemlock Avenue and Marigold Avenue with frontage and visibility on both roads. The Property benefits from traffic counts of ±14,017 vehicles per day on Marigold Avenue.

Poinciana is a community in Polk County and is strategically located between Orlando and Tampa. As of 2022, the Property’s demographics have ±51,544 individuals residing within a 5-mile radius, with an average household income of ±$65,505. The Property is located within a high growth area with population growth of 61.05% from 2010-2022 and an anticipated 20.33% growth expected from 2022-2027 within five miles of the Property. 
 

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 $20,000 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 August 10th, 2022 auction event, resulting in a successful transaction that closed in just 32 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.