13.76 AC Land Parcel | 17% Population Growth
Marketplace Online Auction April 11-13, 2022
Investment Highlights
13.76 AC of land in the rapidly growing community of Poinciana, Florida
30 miles from Downtown Orlando | 20 miles from Disney World
Dense demographics with 5-mile population of 47,936 and annual household income of $62,428
Tremendous 49.19% growth from 2010-2021 and future double-digit growth anticipated (2-mile radius)
Median Poinciana home listing price $287,000
Absolute $1 Auction - NO RESERVE
Offering Summary
Marcus & Millichap and RI Marketplace are pleased to present a 13.76-acre land parcel adjacent to 1851 Laurel Avenue (Property) in Poinciana, Florida. The Property offers an exceptional investment opportunity via development and first bid meets reserve! The Property is adjacent to Laurel Elementary School and positioned in the direction of future growth with residential communities to the west and south.
Poinciana is a community in Polk County and is strategically located between Orlando and Tampa. As of 2021, the Propertys demographics have 47,936 individuals residing within a 5-mile radius, with an average household income of $62,428. The Property is located within a high growth area with population growth of 49.19% from 2010-2021 and an anticipated 17.25% growth expected from 2021-2026 within two miles of the Property. The Property is close to the Kissimmee Chain of Lakes, a 21,000-acre wildlife management area with over a dozen lakes offering hunting, fishing and camping.
Also available from this seller:
8.5 AC Residential Assemblage | 17% Population Growth
Four Parcel Residential Assemblage | 12.75% Population Growth
45 AC Hard Corner Assemblage | 17% Population Growth
Auctioneer: Lamar P. Fisher | Fisher Auction Company Inc. | License: AU93 | Fisher Auction Co: AB106
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