4951 Calypso Cay WayKissimmee, FL 34746

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 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.

• 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

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

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