NeoCity ReDevelopment Opportunity | In-Place Income + Federal Opportunity Zone | HWY 192 Frontage
1680 E Irlo Bronson Memorial HWY
Kissimmee, FL 34744
Property Type:Free Standing Building
Last Verified:Mar 01, 2022
DescriptionSubject is a trophy 1.02±AC redevelopment play currently a recently vacant office building (previously used as an insurance office) that includes a billboard with income, strategically located along US HWY 192 and Fortune Road. US HWY 192(Irlo Bronson Mem. HWY) is an arterial road that carries significant traffic volumes(55,380±VPD). The immediate trade area features above average household incomes,with an AHHI of $63,000± within a 5-mile radius, and over 190K± people residing within a 5-mile radius. The site is located near multiple projects of significant economic impact. The subject property is also located next to the 482.5± acre NeoCity Technology District, which has an estimated total economic output of $25.3-28.8 billion dollars.