1600 Vine StKissimmee, FL 34744

Property Details for 1600 Vine St

Year built

1970

Lot size

0.75 AC

Property size (Sq ft)

3,450 SF

Zone code

KHC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

23252900U000510000

APU

23252900U000510000

Description

This exceptional 12.2-acre commercial land parcel presents a unique investment opportunity in the thriving Kissimmee, Florida market. Strategically located on the 192 Corridor, near the entrance to Osceola County's NeoCity, this property boasts significant development potential. The site is zoned for Commercial: CG, CR, and KHC uses, offering flexibility for a wide range of commercial projects. Approximately eight acres are usable, and the property already includes a stormwater retention pond, simplifying development plans. With 1,000 feet of road frontage on East Irlo Bronson Memorial Highway (Highway 192), this location ensures high visibility and accessibility. Its prime location offers convenient access to major transportation arteries, placing it within an eight-minute drive of Kissimmee, 25 minutes from Lake Nona and Walt Disney World, 25 minutes from Orlando International Airport, and 30 minutes from Downtown Orlando. The Space Coast and East Coast beaches are less than an hour away, and Tampa is approximately two hours distant. Utilities are readily available to the site. This is an ideal location to capitalize on the growth and commerce generated by NeoCity, making it a truly exceptional development opportunity. Ready for offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,482,222

  6.5%

  $1,368,205

  7%

  $1,270,476

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,782,296

  Geo Method

  $1,365,219

• Alternative Use

  Use

  Valuation

  Residential

  $1,154,132

  Hospitality

  $1,057,179

  Educational

  $879,560

  Medical

  $909,810

  Retail

  $1,368,205

Location Insight

City

Kissimmee

County

Osceola

State

Florida

Latitude

28.3025

Longitude

-81.379

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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