4951 Calypso Cay WayKissimmee, FL 34746

  • Office properties
  • 8,601 SF
For Lease

Property Details for 4951 Calypso Cay Way

Year built
1991
Lot size
1.09 AC
Property size (Sq ft)
8,601 SF
Zone code
OPD
Property type
Office properties
Property subtype
Office buildings
APN
22528370500010020
APU
22528370500010020

Description

This exceptional 9,500 square foot retail space, located at 4951 Calypso Cay Way in Kissimmee, Florida, presents a unique investment opportunity. Situated on a 1.14-acre lot in Osceola County (zip code 34746), this single-tenant property is currently vacant and ready for immediate occupancy, projected for Q1 2025. The building's previous use was a restaurant/office, offering a versatile layout adaptable to various retail, restaurant, or medical uses. Its prime location boasts high visibility and significant traffic volume, with approximately 35,500 vehicles per day passing on FL-535, ensuring substantial exposure for your business. The property is commercially zoned and offers ample space for development and customization to meet your specific needs. The total building size is 9,500 square feet, with all 9,500 square feet currently available. This presents a rare chance to establish a thriving business in a high-traffic area of Kissimmee. The property's location offers excellent accessibility and visibility, making it an ideal choice for a variety of commercial ventures. Don't miss this opportunity to secure a prominent location in a rapidly growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,513,772
    6.5%
    $2,320,404
    7%
    $2,154,661
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,763,231
    Geo Method
    $1,350,615
  • Alternative Use

    Use
    Valuation
    Residential
    $2,877,302
    Hospitality
    $2,635,593
    Educational
    $2,192,782
    Medical
    $2,268,196
    Retail
    $3,410,994
4951 Calypso Cay Way, Kissimmee, Florida

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.3388
Longitude
-81.4816
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,536
$837,500
$596,100
$1,433,600
-
$837,500
$596,100
$1,433,600

FAQs

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