Office Building with Central
For Sale
$550,000
1106 N HOAGLAND Boulevard, Kissimmee, FL 34741
Commercial Sale, KISSIMMEE, FL
Property Size1,644 SF
Lot Size0.74 Acres
Price / SF$334.55
Days on Market204
Property Features for 1106 N HOAGLAND Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OCR
Security features
Security System
Window features
Blinds
Appliances
Refrigerator
Lot features
Corner Lot, Paved
Directions
Hwy 192 to South on Hoagland. Property will be on the Right.
Subdivision
34741 - Kissimmee (Downtown East)
Standard status
Active
APN
19-25-29-0000-0140-0000
Size
1,644 SF
Lot size
0.74 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEG 220 FT N OF SE COR OF NW 1/4 OF NE 1/4, RUN N 196 FT, W 165 FT, S 196 FT, E 165 FT TO POB LESS R/W AIRPORT RD LESS BEG AT INTERSEC OF W R/W OF HOAGLAND BLVD & S R/W OF MCCLELLAN ST, S 196.23 FT, W 5.91 FT TO NON-TAN CURVE, CONC W, RAD 913.50 FT, CENT ANG 1 DEG (CH BEARING N 2 DEG E 16.67 FT) NELY ALONG CURVE 16.67 FT, W 10 FT, N 1 DEG E 20 FT, E 10 FT TO NON-TAN CURVE, CONC W, RAD 913.50 FT, CENT ANG 0 DEG (CH BEARING N 4.09 FT) NELY ALONG CURVE 4.09 FT, N 130.45 FT, N 45 DEG W 35.23 FT, E 3 0 FT TO POB
Tax Annual Amount
4520
Legal Description
BEG 220 FT N OF SE COR OF NW 1/4 OF NE 1/4, RUN N 196 FT, W 165 FT, S 196 FT, E 165 FT TO POB LESS R/W AIRPORT RD LESS BEG AT INTERSEC OF W R/W OF HOAGLAND BLVD & S R/W OF MCCLELLAN ST, S 196.23 FT, W 5.91 FT TO NON-TAN CURVE, CONC W, RAD 913.50 FT, CENT ANG 1 DEG (CH BEARING N 2 DEG E 16.67 FT) NELY ALONG CURVE 16.67 FT, W 10 FT, N 1 DEG E 20 FT, E 10 FT TO NON-TAN CURVE, CONC W, RAD 913.50 FT, CENT ANG 0 DEG (CH BEARING N 4.09 FT) NELY ALONG CURVE 4.09 FT, N 130.45 FT, N 45 DEG W 35.23 FT, E 3 0 FT TO POB
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Flooring type
Carpet, Tile - Ceramic
Building materials
Block, Frame, Wood Siding
Roof type
Shingle, Membrane
Listing Agency:
LJL REAL ESTATE, INC.
(407) 355-7889
Listed By:
Robert Lynch · License #BK645644
(407) 616-6079
Added: Feb 23
Changed: Sep 12
Last Checked: Sep 15 at 1:06AM
MLS# O6385690
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes a 1,644-square-foot building constructed in 1955 on a 0.74-acre parcel. Formerly used as a residence, the structure combines block, frame, and wood-siding construction with ceramic tile and carpet flooring. Central heating and air conditioning serve the interior, while the roof incorporates shingle and membrane materials.
Located at 1106 N Hoagland Boulevard in Kissimmee, the property has public water service and a septic tank. A refrigerator remains in place. The building’s existing configuration and substantial land area provide a straightforward base for office-oriented occupancy, subject to applicable approvals.
Located at 1106 N Hoagland Boulevard in Kissimmee, the property has public water service and a septic tank. A refrigerator remains in place. The building’s existing configuration and substantial land area provide a straightforward base for office-oriented occupancy, subject to applicable approvals.
Key Highlights
- 1,644‑square‑foot building on a 0.74‑acre parcel
- Constructed in 1955 with block, frame, and wood‑siding components
- Central heating and central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,197
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$403,940
$403.9K
Cap Rate 7%
$288,529
$288.5K
Cap Rate 9%
$224,411
$224.4K
Market Conditions
NOI Build-Up for 1,644 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$34.5K $21.00/SF
− Vacancy
−$7.6K −$4.62/SF
EGI
$26.9K $16.38/SF
− OpEx
−$6.7K −$4.10/SF
NOI
$20.2K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$403,940
Cap Rate 7%
$288,529
Cap Rate 9%
$224,411
Alternative Uses
Best Use
Office B
$288.5K
$252.5K – $336.6K
NOI $20,197 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.1K
$345.7K – $460.9K
NOI $27,655 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Block-and-frame building with ceramic tile, carpeting, public water, and septic service on a sizable commercial parcel.
Where is this office units located?
The property is located at 1106 N HOAGLAND Boulevard Kissimmee, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,644‑square‑foot building on a 0.74‑acre parcel; Constructed in 1955 with block, frame, and wood‑siding components; Central heating and central air conditioning
