2231 FORTUNE ROAD KISSIMMEE FL 34744 MLS #S5098426

Are you ready for your next investment? If so, you have found it; this property is full of potential. It is a multi-use property, located at a busy and desirable intersection in Osceola County with close access to FL Turnpike. This property includes 10.05 gross acres, with one acre representing submerged land/retention pond, resulting in a net site size of 9.05 acres, or about 394,218 square feet, with about 435 feet frontage along the north side of Fortune Road.

The property consists of a single legally identified parcel that has been analyzed and valued as three separate parcels based on current and potential uses. Parcel A includes 2.45 acres along the north side of Fortune Road. Although currently vacant, it was previously improved with multiple modular offices that included direct access, on-site parking, and utilities. The modular buildings have been removed and this parcel is suitable for retail/commercial development. Parcel B consists of .85 acres and is improved with a 9,000 square foot (net size) retail building constructed in 2010. The building has multiple entrances and is suitable for multi-tenant commercial use. The balance, or 5,625 square feet is encumbered by a lease to My First Academy Day Care through July 31, 2026, at a current rate of $10.82 per square foot, based on net terms. To the east side of the property the area is used as a recreational space consisting of a Soccer Field, Baseball Field and a Volleyball Area. Access to Fortune Road is through Parcels A and B, or through the main sanctuary/school property to the east. It is suitable for secondary commercial or institutional use.