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7751 Black Lake Rd - Future Residential Land 4.81 Acres of Commercial Land Offered at $4,200,000 in Kissimmee, FL 34747
INVESTMENT HIGHLIGHTS
- Situated within booming retail & tourism corridor
- Proposed Unit Count: 116 du
- Steps from Island H2O Water Park, Margaritaville Resort, & Disney's Animal Kingdom
EXECUTIVE SUMMARY
Rezoning to CT (Commercial Tourist)underway, allowing high-intensity uses like multifamily and short term rentals (most uses under CT zoning allowed)
Situated off of a signalized intersection of W Irlo Bronson Memorial Highway (57,500 AADT) and Sherberth Road
Conveniently positioned between access to SR-429 (2 mins) and I-4 (6 mins) connecting the site to Greater Central Florida
Located within major tourist corridor with estimated $9.4 million daily tourism spending within 5 mile radius
Traffic-driving nearby attractions include Margaritaville Resort (1.6M annual visitors), Sunset Walk and new Island H20 Waterpark (2.6M annual visitors), Disney’s Animal Kingdom (8.7M annual visitors) and Walt Disney World’s Western Entrance
Directly adjacent to Disney property, one of the world’s top attractions with $40.3 billion in statewide impact in 2022
Situated off of a signalized intersection of W Irlo Bronson Memorial Highway (57,500 AADT) and Sherberth Road
Conveniently positioned between access to SR-429 (2 mins) and I-4 (6 mins) connecting the site to Greater Central Florida
Located within major tourist corridor with estimated $9.4 million daily tourism spending within 5 mile radius
Traffic-driving nearby attractions include Margaritaville Resort (1.6M annual visitors), Sunset Walk and new Island H20 Waterpark (2.6M annual visitors), Disney’s Animal Kingdom (8.7M annual visitors) and Walt Disney World’s Western Entrance
Directly adjacent to Disney property, one of the world’s top attractions with $40.3 billion in statewide impact in 2022
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $4,200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.81 AC |
| Property Type | Land | ||
| Zoning | CT | ||
| Price | $4,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 4.81 AC |
| Zoning | CT |
1 LOT AVAILABLE
Lot
| Price | $4,200,000 | Lot Size | 4.81 AC |
| Price Per AC | $873,180.87 |
| Price | $4,200,000 |
| Price Per AC | $873,180.87 |
| Lot Size | 4.81 AC |
Rezoning to CT (Commercial Tourist)underway, allowing high-intensity uses like multifamily and short term rentals
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7751 Black Lake Rd - Future Residential Land
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