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Property Detail

West Irlo Bronson Memorial Highway
Value-add investment with flexible zoning, ample usable square footage .
$650,000

Description

  • Value-add investment with flexible zoning, ample usable square footage, and incredible accessibility and visibility along US Hwy 192.
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  • Surrounding roadways provide access and have mixed local residential, commercial, institutional, hotel/motels, recreational, and tourist traffic.
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  • Major employers in the Orlando market include Disney, AdvenHealth, Publix, Universal, Orlando Health, Lockheed Martin, and many more.
  • Affording ideal 3-mile proximity to Disney Park and Resorts and located in an alternative lodging corridor for park visitors.
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  • Immense value-add potential through lease-up and revenue upside from recently developed portable classrooms (10) and additional land.
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  • 4990 W Irlo Bronson Memorial Hwy is surrounded by national retailers, including Pizza Hut, Olive Garden, Dunkin', Walmart, Dollar General, and more.

Executive Summary

Cushman & Wakefield of Florida, in tandem with Ten-X, is pleased to offer a centrally located retail value-add along Kissimmee, Florida’s primary travel arteries. The property, located at 4990 W Irlo Bronson Memorial Highway, presents significant value-add potential due to its flexible zoning/usage and proximity to Walt Disney Parks and Resorts. With its placement along Irlo Bronson Memorial Highway (US Highway 192), the property is exceptionally visible and easily accessible to over 40,000 vehicles passing by daily. Walt Disney Park and Resorts lies just 3 miles away and presents an incredible value-add opportunity for future users and occupants to benefit from the sprawling tourist network created by Disney World.

4990 W Irlo Bronson Memorial Highway presents motivated investors with the opportunity to capitalize on investment into a flexibly zoned value-add that can be used for a variety of business needs. Currently leased to one restaurant tenant that occupies only a portion of the facility, the property has been home to retailers, various food purveyors, educational facilities, and even religious facilities. The property is constructed on 3.14 acres (2.03 acres that are usable and 1.08 acres submerged under a retention pond). At the rear of the property are 10 moveable but nonfunctional classrooms that can be utilized for future daycare or educational uses. Due to its favorable zoning code of CT-Commercial Tourist, this value-add property can be used for general commercial, tourist-related housing, recreational usage, and entertainment. The property can also be subdivided and revitalized to house multiple commercial tenants and cater to any business need.

Kissimmee is renowned for its proximity to world-famous attractions. It is situated near the Walt Disney World Resort, one of the largest and most visited entertainment complexes in the world. The city itself features a range of amenities and attractions, including the beautiful Lake Tohopekaliga, which provides opportunities for fishing, boating, and outdoor recreation. The vibrant Old Town Kissimmee area offers a nostalgic charm with its classic car shows, amusement rides, and a variety of dining options. The Kissimmee Gateway Airport, located conveniently for travelers, offers a regional airport experience with updated facilities and services to accommodate both domestic and international visitors. The airport’s recent upgrades have enhanced its capacity, ensuring a smooth travel experience for passengers heading to the numerous attractions in the area. Kissimmee is also home to several cultural and historical sites, including the Osceola County Historical Society Pioneer Village, which offers a glimpse into the region’s past with its preserved historical buildings and artifacts. Additionally, the city boasts numerous parks and nature preserves, such as the Shingle Creek Regional Park, which offers trails for hiking and bird-watching. The real estate market in Kissimmee is booming, with new developments and master-planned communities continuing to attract residents and investors. The popular community of Bellalago is known for its resort-style amenities and picturesque lake views, while new residential projects are continually expanding to meet growing demand. The city features various shopping destinations, including The Loop, a large outdoor shopping center, and numerous dining and entertainment options to cater to both residents and visitors

Disney W/ Flexible Zoning

Listing ID : 00579

SKU: 579

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Price History

DateEventPrice
December 3 2024Listed$650,000.00