205 Park Place BlvdKissimmee, FL 34741

Property Details for 205 Park Place Blvd

Year built

1987

Lot size

1.03 AC

Property size (Sq ft)

6,000 SF

Zone code

OCR

Property type

Office properties

Property subtype

Office buildings

APN

152529467300010020

APU

152529467300010020

Description

This single-tenant medical office building, known as Park Medical Place, offers 2,400 square feet of vacant space within a 6,000-square-foot building located at 205 Park Pl Blvd, Kissimmee, FL 34741. Built in 1987 and renovated in 2001, this one-story building is ideally situated in the heart of Kissimmee, near South Orlando, and less than a quarter-mile from AdventHealth Hospital. Its prime location ensures easy access from major roadways. The space is well-suited for medical, dental, or other professional offices, with adaptable facilities to accommodate various specialties or large medical groups. The gross rent is $25 per square foot, plus $5 per square foot for CAM charges and applicable taxes. The owner is highly motivated to lease, offering flexible lease terms ranging from a minimum of 5 years to a maximum of 10 years. This meticulously maintained property benefits from its excellent location and strong market demand, with average area rents ranging from $25 to $35 per square foot. Don't miss this opportunity

• CAP approach

  CAP return

  Valuation

  6%

  $1,753,590

  6.5%

  $1,618,699

  7%

  $1,503,077

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,230,018

  Geo Method

  $942,180

• Alternative Use

  Use

  Valuation

  Residential

  $2,007,186

  Hospitality

  $1,838,572

  Educational

  $1,529,670

  Medical

  $1,582,278

  Retail

  $2,379,487

Location Insight

City

Kissimmee

County

Osceola

State

Florida

Latitude

28.3139

Longitude

-81.4062

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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