Kissimmee, FL 34758,MERCANTILE LN
Listed by
Bought with
$320,000
Est. payment /mo
$369,000
13.3%
Est.Price: ?

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3.59 Acres Lot
SOLD DATE : 10/14/2020

Key Details

Sold Price $320,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID O5813961

Sold Date 10/14/20

HOA Y/N No

Annual Tax Amount $1,698

Lot Size 3.590 Acres

Acres 3.59

Lot Dimensions 191 x 796 - approx

Property Sub-Type Unimproved Land

Source Stellar MLS

Property Description

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

Location

State FL

County Osceola

Area 34758 - Kissimmee / Poinciana

Zoning OPD

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby

Building

Lot Description Buildable, In County, Level, Paved, Suburb, Interior Lot

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS

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Hunt Brothers Development

Hunt Brothers Development

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