NeoCity Trophy Redevelopment Opportunity | Billboard Income | Orlando FL MSA

1680 E Irlo Bronson Memorial HWY Kissimmee, FL 34744

1680 E Irlo Bronson Memorial HWY, Kissimmee, FL, 34744
Subject
1680 E Irlo Bronson Memorial HWY, Kissimmee, FL, 34744 1680 E Irlo Bronson Memorial HWY, Kissimmee, FL, 34744
FOR SALE
Property Type:
Single Tenant Office
Amount:
$1,600,000
Last Verified:
Sep 22, 2020

Subject is a trophy 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(52,000 VPD). The immediate trade area features above average household incomes,with an average of nearly $53,000 within a 5-mile radius,and,features high population demographics,with over 172,  760 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.

Investment Highlights:

  • Located Next to 482.5-Acre NeoCity Technology District - Approx. $25.3B Total Economic Output
  • Located with an Opportunity Zone
  • Frontage on 192 & Fronting NeoCity
  • Flexibility In Redevelopment
  • Billboard Income with National Tenant

Additional URLs

Map of 1680 E Irlo Bronson Memorial HWY, Kissimmee, FL, 34744

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.