11.38 AC Absolute Auction

Land Description

Family Dollar Adjacent 11.38 AC Land | 18% Pop Growth | Orlando Msa.

Marketplace Online Auction | August 08-10, 2022

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Investment Highlights

±11.38 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

Attractive Demographics with 5-Mile Population of ±72,692 and Annual Household Income of ±$61,477

Tremendous 33.67% 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 two parcels of land totaling 11.38 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 parcels are immediately north of Family Dollar and First Baptist Poinciana within an established residential community. The Property benefits from frontage and visibility on Country Club Road and near the signalized intersection of Walnut Street with traffic counts of ±4,301 vehicles per day.

Poinciana is a community in Polk County and is strategically located between Orlando and Tampa. As of 2022, the Property's demographics have ±72,692 individuals residing within a 5-mile radius, with an average household income of ±$64,044. The Property is located within a high growth area with population growth of 33.67% from 2010-2021 and an anticipated 18.47% growth expected from 2022-2027 within five miles of the Property.

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