5.46 AC Absolute Auction

Land Description

$1 Auction - 5.46 AC Orlando MSA | 12% Pop Growth.

Marketplace Online Auction | August 08-10, 2022

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

Investment Highlights

±5.46 AC of Land 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 ±67,334 and Annual Household Income of ±$60,182

Tremendous 297.5% Growth from 2000-2021 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 ±5.46 AC of land adjacent to 621 Bittern Court (the “Property”) in Poinciana, Florida. The Property offers an exceptional investment opportunity via development and first bid meets reserve. The Property consists of a single parcel totaling 5.46 acres positioned in the direction of future growth. The Property benefits from frontage and visibility on Palmetto Street.

Poinciana is a community in Polk County and is strategically located between Orlando and Tampa. As of 2021, the Property's demographics have ±67,334 individuals residing within a 5-mile radius, with an average household income of ±$60,182. The Property is located within a high growth area with population growth of 297.5% from 2000-2021 and an anticipated 12.0% growth expected from 2021-2026 within five miles of the Property.

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Auctioneer:

Lamar P. Fisher

Fisher Auction Company Inc.

License: Au93

Fisher Auction Co: Ab106