7.44 Ac, Orlando Msa

Land Description

7.44 AC Orlando MSA | 18% Population Growth.

Marketplace Online Auction May 24-26, 2022

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Investment Highlights

±7.44 AC Parcel in the Rapidly Growing Community of Kissimmee, Florida

±30 miles from Downtown Orlando | ±20 miles from Disney World

Attractive demographics with 5-mile population of ±72,692 and annual household income of ±$64,044

Tremendous 33% growth from 2010-2022 and future double-digit growth anticipated (5-mile radius)

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present a ±7.44-Acre parcel adjacent to 823 Blanc Ct (“Property”) in Kissimmee, Florida. The Property offers a rare opportunity for high profile development in the rapidly growing central Florida market.

The Property has frontage and visibility on Walnut Street and benefits from traffic counts of 4,028 vehicles per day. The Property is surrounded by large residential communities with Family Dollar on a neighboring parcel and Walmart approximately two miles away.

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 ±72,692 people and average household income of $64,044 within a 5-mile radius. The area has benefited from significant population growth of ±33.67% from 2010-2022 and will continue to benefit from a population that is expanding, with ±18.47% growth projected from 2022- 2027 (5-mile radius).

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Auctioneer: Lamar P. Fisher | Fisher Auction Company Inc. | License: Au93 | Fisher Auction Co: Ab106