Family Dollar Adjacent Land

Land Description

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

Marketplace Online Auction | August 08-10, 2022

All bidders must register with Marketplace to participate in the auction, see details below.

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

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.

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Auctioneer:

Lamar P. Fisher

Fisher Auction Company Inc.

License: Au93

Fisher Auction Co: Ab106