Fully Leased Office
For Sale
Contact for pricing
1015 W Verona St, Kissimmee, FL 34741
The 2009-built office property is fully leased and carries KRB2 zoning.
Property Size2,724 SF
Price / SF$278.63
Days on Market62
Property Features for 1015 W Verona St
General Information
Standard status
Active
Size
2,724 SF
Class
B
Property subtype
Office
Zoning
KRB2
Occupancy
100%
Building Details
Year Built
2009
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Nova Real Estate Services, Inc
Listed By:
Christopher Taddei · License #FL3304106
Source:
Crexi
Added: Aug 17
Changed: Oct 6
Last Checked: Oct 16 at 7:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nova Real Estate Services, Inc
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Investment Insights
Based on property information with market context.
This office building contains 2,724 square feet and was completed in 2009. The property is fully leased, providing an existing occupancy profile for a commercial buyer.
Located at 1015 W Verona St in Kissimmee, Florida, the property is designated KRB2 under its stated zoning classification.
Located at 1015 W Verona St in Kissimmee, Florida, the property is designated KRB2 under its stated zoning classification.
Key Highlights
- 2,724‑square‑foot office building
- Fully leased office property
- Constructed in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,697
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,940
$813.9K
Cap Rate 7%
$581,386
$581.4K
Cap Rate 9%
$452,189
$452.2K
Market Conditions
NOI Build-Up for 2,724 SF
Gross rent
$65.4K $24.00/SF
− Vacancy
−$11.1K −$4.08/SF
EGI
$54.3K $19.92/SF
− OpEx
−$13.6K −$4.98/SF
NOI
$40.7K $14.94/SF
Area
Osceola County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,940
Cap Rate 7%
$581,386
Cap Rate 9%
$452,189
Alternative Uses
Best Use
Office B
$581.4K
$508.7K – $678.3K
NOI $40,697 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$842.3K
$737.0K – $982.7K
NOI $58,961 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,125
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The 2009-built office property is fully leased and carries KRB2 zoning.
Where is this office building located?
The property is located at 1015 W Verona St Kissimmee, FL.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 2,724‑square‑foot office building; Fully leased office property; Constructed in 2009
