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Freestanding Professional Office
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111 S Randolph Ave, Kissimmee, FL 34741

Freestanding office with multiple private offices, two restrooms, kitchenette, and ample on-site parking.

Property Size1,468 SF
Price / SF$265.67
Days on Market89

Property Features for 111 S Randolph Ave

General Information

Standard status Active
Size 1,468 SF
Property subtype OFFICE

Amenities

private offices
restrooms
kitchenette
on-site parking
Listing Agency: Century 21 Commercial Carioti | Orlando
Listed By: Miguel Osorio · License #3310732
Source: Moodyscre
Added: Jul 21 Changed: Oct 2 Last Checked: Oct 16 at 7:43AM

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 Commercial Carioti | Orlando

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Investment Insights

Based on property information with market context.

This freestanding professional office offers a well-designed interior with multiple private offices, two restrooms, and a kitchenette. The property also includes ample on-site parking to support client and employee access.

Located in Downtown Kissimmee, the building is just minutes from the Osceola County Courthouse, government offices, restaurants, and major roadways, providing convenient access for day-to-day operations.

A new roof was installed in 2025, and the layout is positioned to support a range of professional service uses.

Key Highlights

  • Freestanding professional office in Downtown Kissimmee
  • Includes multiple private offices, two restrooms, and a kitchenette
  • Ample on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,932
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,640 $438.6K
Cap Rate 7%
$313,314 $313.3K
Cap Rate 9%
$243,689 $243.7K
Market Conditions
NOI Build-Up for 1,468 SF
Gross rent
$35.2K $24.00/SF
− Vacancy
−$6.0K −$4.08/SF
EGI
$29.2K $19.92/SF
− OpEx
−$7.3K −$4.98/SF
NOI
$21.9K $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%
$438,640
Cap Rate 7%
$313,314
Cap Rate 9%
$243,689

Alternative Uses

Best Use
Office B
$313.3K
$274.2K – $365.5K (±1% cap)
NOI $21,932 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$453.9K
$397.2K – $529.6K (±1% cap)
NOI $31,775 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Travis R. Wells, ... Alternative Medicine Practice Eckerd Connects | Pathways Child Welfare Organization

Suggested Use

Top Pick Furniture & Home Goods Catering Service (Bike/Boat/Book/etc) Store Locksmith Garden Center Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,221
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Freestanding office with multiple private offices, two restrooms, kitchenette, and ample on-site parking.
Where is this office building located?
The property is located at 111 S Randolph Ave Kissimmee, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Freestanding professional office in Downtown Kissimmee; Includes multiple private offices, two restrooms, and a kitchenette; Ample on‑site parking
(321) 240-5554 Call to check price and availability
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