5.75 Acres, Orlando Msa Land

Land Description

5.75 AC Orlando MSA | 33K VPD | 18% Population Growth.

Marketplace Online Auction May 24-26, 2022

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

Investment Highlights

±5.75 AC in the Rapidly Growing Community of Kissimmee, Florida

Permitted Commercial Uses Include Business Services, Office, Medical, Day Care and Others

Direct Frontage and Visibility on Pleasant Hill Road with Traffic Counts of ±33K Vpd

Nearby Traffic Drivers: Valencia College, Dollar General, Taco Bell, Publix, Walgreens, Mature Residential Development, and More

Osceola County Offers Many Economic Incentive Opportunities Including Fast Track Permitting

±30 miles from Downtown Orlando | ±15 miles from Disney World

Attractive demographics with 5-mile population of ±78,703 and annual household income of 31% growth from 2010-2022 and future double-digit growth anticipated (5-mile radius)

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present ±5.75 acres of land located at 3251 Bellalago Drive (“Property”) in Kissimmee, Florida. The Property offers a rare opportunity for high profile development in the rapidly growing central Florida market.

The Property consists of a 5.75-Acre parcel at the corner of Bellalago and Pleasant Hill Road (33,281 vehicles per day). The Property is positioned in the direction of future growth and surrounded by traffic drivers including Valencia College, Dollar General, Taco Bell, Publix, Walgreens, mature residential development, and many others. The Property is within the approved Bellalago Planned Mixed Use Development and approved for commercial uses including business & professional services, office, medical, day care and others. Bellalago is a master-planned community on the shoreline of the renowned Lake Tohopekaliga and offers Mediterranean-style newer homes, lakeside recreation and high-end amenities.

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. The Property's location offers excellent real estate fundamentals within a robust area and extremely dense and compelling demographics with a 2021 population of ±78,703 people and average household income of within a 5-mile radius. The area has benefited from significant population growth of ±31.05% from 2010-2022 and that trend is expected to continue over the next five years with ±18.1% growth projected (5-mile radius).

Also available from this seller:

5.44 AC Orlando MSA | 20K VPD | 15% Population Growth

Lowe's 1.5 AC Outparcel | Orlando MSA | 12% Population Growth

Dollar General Adjacent 5.82 AC Land | Orlando MSA | 19% Population Growth

7.44 AC Orlando MSA | 18% Population Growth

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