Freestanding Office Building For
111 S RANDOLPH AVENUE Kissimmee, FL 34741
111 S RANDOLPH AVENUE, Kissimmee, FL, 34741
$395,000
For Sale
$395,000
Freestanding office building in great condition, ideal for professional use.
Property Size1,468 SF
Lot Size0.18 Acres
Price / SF$269.07
Days on Market554
Property Features for 111 S RANDOLPH AVENUE
General Information
- Standard status
- Active
- Size
- 1,468 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1920
Listing Agency
CENTURY 21 CARIOTI
(321) 240-5554
Listed by
Miguel Osorio · License #3310732
(321) 240-5554
Source
Exitrealty
Added: Jan 9, 2025 Checked: Jul 17 at 3:52 am
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 CENTURY 21 CARIOTI
Investment Insights
Based on property information with market context.
This freestanding office building, with 1,278 square feet available for sale, is suitable for professional office use. The property is fully built-out as a standard office space, making it ideal for businesses such as insurance, accounting, law firms, title companies, and real estate offices. The building is in great condition and features a central AC unit. The layout includes five offices, two bathrooms, and a coffee break area. On-site parking is available, with 6 or more parking spots. The property is located minutes from historic downtown Kissimmee and the court house.
Key Highlights
- Freestanding office building suitable for various professional uses.
- Fully built‑out with five offices, two bathrooms, and a coffee break area.
- Convenient on‑site parking with 6+ parking spots.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $21.00 |
| − Vacancy | −$6.8k | −$4.62 |
| EGI | $24.0k | $16.38 |
| − OpEx | −$6.0k | −$4.10 |
| NOI | $18.0k | $12.29 |
1,468 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$257.6K
$225.4K – $300.6K
NOI $18,034 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.8K
$308.7K – $411.6K
NOI $24,694 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Travis R. Wells, ...
Alternative Medicine Practice
Eckerd Connects | Pathways
Child Welfare Organization
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FAQs
What type of property is this?
Office building - Freestanding office building in great condition, ideal for professional use.
Where is this office building located?
The property is located at 111 S RANDOLPH AVENUE Kissimmee, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Freestanding office building suitable for various professional uses.; Fully built‑out with five offices, two bathrooms, and a coffee break area.; Convenient on‑site parking with 6+ parking spots.
