5 Acres Multifamily Land

4005 Reaves Rd, Kissimmee, FL 34746

Description 1,850,000 Sale Price Five( 5) acre lot zoned R2 with future zone use for MDR (18 units per acre), offered as a stand alone property (but option to add additional 10 acres making total 15 acre multifamily development up to 270 unit complex) that is adjacent to Kids R Kids Bellalago 3901 Reaves Rd #3411 - built in 2018 & sold 1-21-2020 for $7,750,000. Also a brand new High School Mater Academy next to Kids R Kids Bellalago. Located (1 minute) near the new Valencia College Poinciana Campus with easy access to both Pleasant Hill Blvd, Reaves Rd Extension and Poinciana Parkway. Only 3/10th of a mile to the intersection of Pleasant Hill Blvd. and Reaves Rd. Dual access along Reaves Rd. facilitates multifamily developers. Additional overview of the area. Pleasant Hill Rd has over 43,000ADT. Reaves Rd(Westside) & Reaves Rd Extension connects to Pleasant Hill Rd. There is a current new development of a Life Storage, Wendys. Across on Reaves Rd Extension is UCF Valencia College and groundbreaking for 7-Eleven gas station, Starbucks, Dental Facility, Medical Center and Tijuana Flats Restaurant. Property is 6.2 miles from Poinciana Medical Hospital. Poinciana Medical Center is a 177,000sf full-service, emergency care facility specializing in senior care and surgical services in Kissimmee, FL. Highlights 18 units per acre. Potential to add 10 additional acres, all combined for up to 270 units.

Contact

Broker or Owner Contact
Lance Cobb
,
Phone: (941) 356-4781
lance.cobb@svn.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1389
Building Size
Site Size (acres)
Zoning
Year Built
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 1850000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.199634
Longitude -81.4438909
County Osceola County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider