52 AC Orlando MSA | 41K VPD | 17% Pop Growth.
Marketplace Online Auction | Sept. 26-28, 2022
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±52.27 AC Tract of Land in the Rapidly Growing Community of Kissimmee, Florida
Nearby National Retailers: Walmart, Aldi, Publix, Anytime Fitness, Advance Auto Parts, Lowe's, and more
Superior Visibility and Frontage on Cypress Parkway with traffic counts of ±41,274 Vpd
Attractive Demographics with 5-Mile Population of ±73,126 and Annual Household Income of 29.54% Growth from 2010-2022 and Future Double-Digit Growth Anticipated (5-Mile Radius)
±30 Miles from Downtown Orlando | ±20 Miles from Disney World
Median Poinciana Home Listing Price of of Growth | 1.2 Miles East of Million Per Acre) Land Development Deal with Plans for 250,000 Square Feet of Retail
Marcus & Millichap and RI Marketplace are pleased to present a ±52.27-Acre assemblage adjacent to 751 Cypress Parkway (the “Property” or “Assemblage”) in Kissimmee, Florida. The Property is positioned within the area's dominant retail corridor and offers an exceptional investment opportunity for high profile development in the rapidly growing central Florida market.
The Property consists of three parcels totaling 52.27 acres on Cypress Parkway with frontage and visibility to traffic counts of approximately 41,274 vehicles per day. The assemblage is located proximate to a +200K SF Walmart anchored regional shopping center with national tenants including Dollar Tree, Davita Kidney Care, Hibbett Sports, Anytime Fitness, Popeye's, Burger King, Sally Beauty, GameStop, T-Mobile, and Checkers. Additional retailers in the area include Lowe's, Aldi, Advance Auto Parts, Sonic, Wawa, Zaxby's, and Publix, further driving consumers to the area.
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, benefitting from the city's strategic location south of Orlando and near Disney World. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2022 population of ±73,126 people and average household income of within a 5-mile radius. The area has benefited from significant population growth of ±29.54% from 2000-2021 and will continue to benefit from a population that is expanding, with ±18.07% growth projected from 2022-2027 (5-mile radius).
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Lamar P. Fisher
Fisher Auction Company Inc.
Fisher Auction Co: Ab106