Nelda V. Tarcai Sells Land On Simmons Road In Kissimmee For $2.89M With Broker John Paul Piedra - Kerdyk Real Estate
1511 Simmons Rd Kissimmee, FL 34744, USA
$2,890,000
$13/SF
Building Size
210,395 SF
Asset Type
Land
Closing
Jun 2, 2023
AI
Located at 1511 Simmons Road in Kissimmee, this land asset is now available for sale. The property spans a total of 210,395 square feet, offering ample space for potential development. The sale price for this land is set at $2,890,000, resulting in a price per square foot of $14.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,890,000
- Square Footage: 210,395
- Address: 1511 Simmons Road
- Market: Kissimmee
Representing the seller in this transaction is Nelda V. Tarcai. The broker for this deal is John Paul Piedra from Kerdyk Real Estate. With their expertise in the field, they have facilitated the sale of this land asset. It is worth noting that a three-story, 120,000 square foot climate-controlled self-storage development is planned for the site, as mentioned by the broker.
Market Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.49%
Cash-on-Cash
-1.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93