Dollar General Adjacent Parcel

Land Description

Dollar General Adjacent 5.82 AC Land | Orlando MSA | 19% Population Growth.

Marketplace Online Auction May 24-26, 2022

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Investment Highlights

±5.82 AC Parcel Adjacent to Dollar General in the Rapidly Growing Community of Poinciana, Florida

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

Attractive demographics with 5-mile population of ±71,809 and annual household income of ±$63,487

Tremendous 39% 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 ±5.82-Acre parcel adjacent to Dollar General (“Property”) in Poinciana, 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 both Palmetto Street and Marigold Avenue and benefits from traffic counts along Marigold Avenue of 14,100 vehicles per day. The Property is surrounded by large residential communities on the north, south, and east.

Poinciana is a 47,000-Acre, unincorporated, suburban community in both Osceola and Polk Counties and is strategically located between Orlando and Tampa. The community is enriched by more than 26,000 homes, 200 businesses and more than a dozen recreational parks. Tourism, hospitality and logistics 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 ±71,809 people and average household income of $63,487 within a 5-mile radius. The area has benefited from significant population growth of ±39.55% from 2010-2022 and will continue to benefit from a population that is expanding, with ±18.98% growth projected from 2022-2027 (5-mile radius).

Also available from this seller:

5.44 AC Orlando MSA | 20K VPD | 15% Population Growth

5.75 AC Orlando MSA | 33K VPD |18% Population Growth

Lowe's 1.5 AC Outparcel | Orlando MSA | 12% Population Growth

7.44 AC Orlando MSA | 18% Population Growth

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