2501 Ham Brown RdKissimmee, FL 34746

Property Details for 2501 Ham Brown Rd

Year built

1970

Lot size

9.79 AC

Property size (Sq ft)

4,852 SF

Zone code

OAC

Property type

Office buildings

APN

132628000000200000

APU

132628000000200000

Description

This exceptional 25.6-acre development opportunity in Kissimmee, Florida, presents a unique chance to capitalize on the area's rapid growth. Located on Ham Brown Road, just 1.8 miles south of US 17-92, this property comprises two parcels totaling 25.6 acres, with the northern parcel spanning 15.72 acres and 658 feet of frontage, and the southern parcel encompassing 9.88 acres and 340 feet of frontage. The site is zoned FLU - CCP (Community Center Peripheral), allowing for a residential density exceeding eight but less than eighteen units per acre. Permitted uses also include offices, professional services, and ancillary commercial establishments. Approximately 15 acres are uplands. Currently, residences exist on each parcel. The property benefits from its proximity to major thoroughfares, modern business services along US Hwy 17-92, and readily available utilities. A significant adjacent 193-acre site is under contract for a large-scale residential development, further underscoring the area's growth potential. Recent developments nearby include a 95-unit BTR town development and the newly opened Lowes Distribution Center. The combined asking price for both parcels is $4,500,000, and they are available for sale together or individually. This presents a compelling investment opportunity in a highly desirable and rapidly developing residential area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,418,070

  6.5%

  $1,308,988

  7%

  $1,215,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $994,674

  Geo Method

  $761,910

• Alternative Use

  Use

  Valuation

  Residential

  $1,623,145

  Hospitality

  $1,486,792

  Educational

  $1,236,993

  Medical

  $1,279,535

  Retail

  $1,924,212

Location Insight

City

Kissimmee

County

Osceola

State

Florida

Latitude

28.2267

Longitude

-81.4645

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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