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Gelfand Realty Miami Properties - Other Land

MERCANTILE, KISSIMMEE, FL 34758

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Other Land -

MERCANTILE, KISSIMMEE, FL 34758

Sold Price$320,000 Asking Price$369,000

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  • Days on market:

    340 day(s)
  • Original Price:

    $399,000
  • Tax Legal Description:

    TRACT U REPLAT PB 17 PG 31 LOT 3
  • Tax Year:

    2019
  • Property Type:

    Land
  • Special Listing Conditions:

    None
  • Lot Features:

    Interior Lot In CountyBuildable Level Suburb

Description

$369,000

3.59 +/- acre site located on mercantile lane which is directly off south poinciana blvd., kissimmee, fl. 34758. site is approximately 1 mile south of the new sun rail station in kissimmee off old tampa highway. major retailers in the area include home depot, family dollar, and wawa. 2018 daily traffic count per day at south poinciana blvd. is over 17,800 cars per day. 2018 population estimate is 25,930, estimated 2023 projected population estimate at 30,235. there are newer residential home developments in area, with many more planned. since 2010 the population has increased 29.2% and population expected to grow by 16.6% in 2023. many large national & regional home builders in the area are building and marketing homes at very affordable price range of $220,000 to $250,000. the area is positioned for population and economic growth, as indicated by road widening projects for many major arteries are underway. the subject site is approx. 191 ft on mercantile ln. x 796 ft deep. the dimensions and size are determined from osceola county property appraiser site and its tools. the current zoning is pd - planned development, which equates to ig - industrial general. future land use is employment center, which has many uses, that are outlined in osceola county zoning records. most of the existing nearby business and commercial properties are manufacturing facilities & warehousing related. within last year several large projects are completed, including restaurant depot, mcclane trucking

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