1121 Central AveKissimmee, FL 34741

  • Office properties
  • 6,624 SF
For Sale
$1,900,000 View listing

Property Details for 1121 Central Ave

Year built
2005
Lot size
0.15 AC
Property size (Sq ft)
6,624 SF
Zone code
KB3
Property type
Office properties
Property subtype
Other office properties
APN
222529121800010030
APU
222529121800010030

Description

This exceptional 6,624 square foot medical office building, located at 1121 N Central Avenue Unit B, Kissimmee, Florida, presents a unique investment opportunity. Situated on a 0.15-acre lot, the property boasts a partially renovated interior, making it ideal for a variety of medical practices or healthcare service providers. The building's spacious layout offers ample room for expansion and growth, catering to the needs of a thriving medical practice. Its strategic location within the established medical district of Kissimmee provides excellent visibility and accessibility for patients and staff. The property benefits from its proximity to AdventHealth Kissimmee Hospital, offering unparalleled convenience and synergy for healthcare professionals. This prime location ensures high patient traffic and a strong patient base. The asking price for this well-positioned medical office building is $1,895,000. This represents a significant opportunity to acquire a substantial and well-located asset in a rapidly growing healthcare market. The partially renovated interior provides a blank canvas for customization, allowing a new owner to tailor the space to their specific needs and branding. The 0.15-acre lot offers potential for future expansion or additional development. Don't miss this chance to secure a prominent presence in the heart of Kissimmee's medical community. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,935,964
    6.5%
    $1,787,043
    7%
    $1,659,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,357,940
    Geo Method
    $1,040,167
  • Alternative Use

    Use
    Valuation
    Residential
    $2,215,934
    Hospitality
    $2,029,783
    Educational
    $1,688,756
    Medical
    $1,746,835
    Retail
    $2,626,954
1121 Central Ave, Kissimmee, Florida

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.3021
Longitude
-81.4068
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,950
-
$1,060,400
$1,060,400
-
-
$1,060,400
$1,060,400

FAQs

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