3260 Vineland RdKissimmee, FL 34746

Property Details for 3260 Vineland Rd

Year built

2007

Lot size

2.25 AC

Property size (Sq ft)

19,707 SF

Zone code

OPD

Property type

Retail properties

Property subtype

Strip malls

APN

0225283364000101A0

APU

0225283364000101A0

Description

This exceptional 1,500 square foot retail space is located within Calypso Commons, a 19,700 square foot neighborhood center built in 2008. The property boasts a highly desirable location at the northwest corner of Vineland Road and Poinciana Boulevard in Osceola County, placing it at the gateway to the Disney Theme Parks, attracting over 53 million annual visitors. This strategic position offers unparalleled visibility and accessibility. The center enjoys a prominent location facing the newly constructed 134,000 square foot Sunrise City shopping center, anchored by major national retailers such as Publix, Ross, and TJ Maxx. Further enhancing its appeal, the property shares parking with one of the nation's top-grossing Walmart stores. The surrounding area is experiencing significant residential growth, with over 62,800 rental units within a 5-mile radius, and a current population of 13,000 permanent and visiting residents within just 1 mile. An additional 5,500 homes are either existing or currently under development within a 1-mile radius, ensuring a robust and expanding customer base. The space is part of a multi-tenant building and offers a minimum divisible space of 1,500 square feet, with a maximum contiguous space also of 1,500 square feet. This presents a unique opportunity for businesses seeking a high-traffic location within a thriving community. The property is situated near Storey Lake, one of Lennar's top-selling communities nationwide, further solidifying its position in a rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $8,466,710

  6.5%

  $7,815,425

  7%

  $7,257,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,180,784

  Geo Method

  $7,798,368

• Alternative Use

  Use

  Valuation

  Residential

  $6,592,604

  Hospitality

  $6,038,790

  Educational

  $5,024,202

  Medical

  $5,196,992

  Retail

  $7,815,425

Location Insight

City

Kissimmee

County

Osceola

State

Florida

Latitude

28.3447

Longitude

-81.4867

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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