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Single-Level Office Building
New
For Sale
$5,000,000

1201 E OAK Street, Kissimmee, FL 34744

Commercial Sale, KISSIMMEE, FL

Property Size14,652 SF
Lot Size2.09 Acres
Price / SF$341.25
Days on Market1

Property Features for 1201 E OAK Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning KB3
Window features Blinds, Window Treatments
Accessibility Accessible Approach with Ramp
Subdivision SSA KISSIMMEE
Lot features Curb and Gutters, City Limits, Oversized Lot, Paved
Directions Heading S on Florida's Turnpike take Exit 249 (Osceola Pkwy), turn R onto E Osceola Pkwy, turn L onto Michigan Ave (continue on Michigan Ave which becomes E Oak St after you cross 192) - property is on the R after Wells Fargo Bank.
Standard status Active
APN 22-25-29-2195-0001-0010
Size 14,652 SF
Lot size 2.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SSA KISSIMMEE PB 17 PG 43 LOT 1
Tax Annual Amount 59501
Legal Description SSA KISSIMMEE PB 17 PG 43 LOT 1

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2005
Floors in Building 1
Flooring type Carpet, Vinyl, Tile - Ceramic
Building materials Concrete, Stucco
Roof type Membrane, Built-Up
Listing Agency: COLDWELL BANKER SOLOMON · Coldwell Banker Real Estate
Listed By: Michael Solomon · License #562341
Added: Sep 10 Last Checked: Sep 10 at 7:06PM
MLS# S5157337

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.

This 14,652-square-foot office building was constructed in 2005 on a 2.09-acre property. The single-level layout includes more than 7,000 square feet of open space, along with seven flex areas that can accommodate offices, conference rooms, kitchen functions, or storage. Carpet, commercial vinyl, and ceramic tile flooring are installed throughout, and the building includes four bathrooms with multiple stalls. Central air, electric heat, a heat pump, public water, and public sewer serve the property.

The site provides 77 parking spaces and 300 feet of frontage on E Oak Street. The building is visible from 192, E Vine Street, and E Irlo Bronson Memorial Highway. Additional features include concrete and stucco construction, a membrane and built-up roof, a utility area for phone and internet equipment, and an accessible approach with ramp. Zoning is KB3.

Key Highlights

  • 14,652‑square‑foot office building on 2.09 acres
  • 77 parking spaces and 300 feet of frontage on E Oak Street
  • More than 7,000 square feet of open, undivided interior space

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
$180,000
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
3.60%
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%
$3,600,000 $3.6M
Cap Rate 7%
$2,571,429 $2.6M
Cap Rate 9%
$2,000,000 $2.0M
Market Conditions
NOI Build-Up for 14,652 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
$307.7K $21.00/SF
− Vacancy
−$67.7K −$4.62/SF
EGI
$240.0K $16.38/SF
− OpEx
−$60.0K −$4.10/SF
NOI
$180.0K $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%
$3,600,000
Cap Rate 7%
$2,571,429
Cap Rate 9%
$2,000,000

Alternative Uses

Best Use
Office B
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $180,000 @ 7.0% cap · market cap 3.60%
Second Best
no second resolved use
Theoretical Best
Office A
$3.52M
$3.08M – $4.11M (±1% cap)
NOI $246,470 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Social Security Office Corporate Office

Suggested Use

Top Pick Garden Center Plumbing Service Electrical Service Parking Lot & Garage Big Box & Wholesale Store Storage Facility

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,457
Businesses Nearby

Demographics for 34744, FL

59,232
Population
22,800
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
33.3 sq mi
ZIP Area
1,779
Density / Sq Mi
$69,837
Median Household Income
$35,174
Median Earnings
$1,426
Median Rent
$326,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial layout with office, conference, kitchen, and storage areas.
Where is this office building located?
The property is located at 1201 E OAK Street Kissimmee, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 14,652‑square‑foot office building on 2.09 acres; 77 parking spaces and 300 feet of frontage on E Oak Street; More than 7,000 square feet of open, undivided interior space
More about this property
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