2037 Irlo Bronson Memorial HwyKissimmee, FL 34744

Property Details for 2037 Irlo Bronson Memorial Hwy

Year built

1992

Lot size

0.18 AC

Property size (Sq ft)

1,688 SF

Zone code

OCT

Property type

Office buildings

APN

242529000001600000

APU

242529000001600000

Description

This 1,688 square foot medical office building in Kissimmee, Florida, presents a unique investment opportunity. Located at 2037 E Irlo Bronson Memorial Highway, the single-tenant property sits on a 0.18-acre lot and boasts exceptional visibility and frontage on US Highway 192. Built in 1992, the building offers ample parking with 20 spaces. Currently vacant, the space is zoned OCT, County - CT -3.2.4 (APN: 242529000001600000) and is suitable for immediate use as a medical office or easily adaptable for retail purposes. Its strategic location, just a block from the NeoCity Technology District (a project with an estimated $25 billion economic impact), offers significant growth potential. The property's proximity to Osceola Heritage Park and Gateway High School further enhances its appeal. The building's layout is designed for efficient healthcare operations or retail use, making it an attractive option for various businesses. This standalone building also features billboard signage opportunities, maximizing its marketing potential. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $493,343

  6.5%

  $455,394

  7%

  $422,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $346,045

  Geo Method

  $265,067

• Alternative Use

  Use

  Valuation

  Residential

  $564,688

  Hospitality

  $517,252

  Educational

  $430,347

  Medical

  $445,148

  Retail

  $669,429

Location Insight

City

Kissimmee

County

Osceola

State

Florida

Latitude

28.2915

Longitude

-81.3613

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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