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(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.
Osceola County named Fastest Growing County in C. FL (2020 Census)
Located Next to 482.5±AC NeoCity Technology District - Approx. $25.3B Total Economic Output
Located within a Federally Designated Opportunity Zone
Direct Frontage on US HWY 192 & Fronting Highly Anticipated NeoCity Entrance
Desirable Demos & Exposure to Over 55K± AADT on US HWY 192 (E Irlo Bronson Memorial HWY)
Flexibility In Redevelopment w/ In-Place Billboard Income with National Tenant