For Auction
Asset Snapshot
Offering Summary
Marcus & Millichap and RI Marketplace are pleased to present ±1.75 AC of land adjacent to 801 Oglethorpe Court (the “Property”) in Kissimmee, Florida. The Property offers an exceptional investment opportunity via development and first bid meets reserve! The Property consists of a single parcel totaling 1.75 acres positioned in the direction of future growth. The Property is positioned at the intersection of Monterey Road and Laurel Avenue and benefits from frontage and visibility on both.
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, benefitting from the city’s strategic location south of Orlando and near Disney World. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2021 population of ±86,043 people and average household income of $65,278 within a 5-mile radius. The area has benefited from significant population growth of ±251.7% from 2000-2021 and will continue to benefit from a population that is expanding, with ±14.3% growth projected from 2021-2026 (5-mile radius).
Also available from this seller:
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Platform Fee
Buyer pays a minimum platform fee of 5% or $20,000 at closing.
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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.
