Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2481 Ham Brown Rd Kissimmee, FL 34746

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,500,000

    15 acres suitable for mixed-use development in Osceola County.

    Lot size:
    15.71 Acres

    Property Features for 2481 Ham Brown Rd

    General Information

    Lot size
    15.71 Acres

    We can help!

    Listing Contact
    Marc Shamley
    Source: Elliman

    Listing Agent: Marc Shamley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    15 Acres Development Opportunity

    This 15-acre property presents a development opportunity adjacent to the Hawks Run community. Situated within the Urban Growth Boundary of Osceola County, it is suitable for a developer specializing in mixed-use projects. The future land use designation as Community Center Perimeter (CCP) allows for the construction of up to 18 residential dwelling units per acre.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Polk
    State
    Florida
    Longitude
    -81.4652861
    Latitude
    28.2278731

    Nearby Similar for Sale

    • New
      $689,000
      5,000 SF

      Kissimmee Renovated Income Property

      Renovated multi-unit property near attractions, suitable for various rental strategies.
      1801 Daniels St, Kissimmee, FL 34746
      View Details
    • New
      $499,000
      Pending

      Mixed-Use Property in Kissimmee, FL

      Commercial and residential hybrid property with warehouse, office, and home.
      901 W Donegan Ave, Kissimmee, FL 34741
      View Details
    • $399,000
      1,562 SF

      Renovated Duplex in Historic Downtown

      Completely renovated duplex in the heart of Historic Downtown Kissimmee.
      21 N Beaumont Ave, Kissimmee, FL 34741
      View Details
    • New
      $650,000
      1,708 SF

      Renovated Office Building in Kissimmee

      Corner-lot office building in Downtown Kissimmee with flexible layout.
      702 Mabbette St, Kissimmee, FL 34741
      View Details
    • $1,600,000
      2,106 SF

      Office Building on US-192 Frontage

      Frontage commercial property on US-192 near NeoCity and Osceola Heritage Park.
      1680 Irlo Bronson Memorial Hwy, Kissimmee, FL 34744
      View Details
    • $3,885,000
      20,092 SF

      Kissimmee Multifamily Investment Opportunity

      22-unit portfolio in Villa del Sol, short-term rental approved.
      2218 Grand Cayman Ct, Kissimmee, FL 34741
      View Details
    • $549,000
      1,811 SF

      Renovated Office in Downtown Kissimmee

      Fully renovated office space in the heart of Downtown Kissimmee.
      802 Mabbette St, Kissimmee, FL 34741
      View Details
    • $324,000
      Pending

      KISSIMMEE Duplex Investment Opportunity

      Turnkey duplex with guaranteed rental income and long-term potential.
      349 Caldbeck Way, Kissimmee, FL 34758
      View Details
    • $850,000
      2,084 SF

      Kissimmee Retail/Office Investment Opportunity

      Retail/office property in booming Kissimmee area, currently leased.
      3001 Michigan Ave, Kissimmee, FL 34744
      View Details
    • New
      $530,000
      3,322 SF

      Spacious Duplex in KISSIMMEE, FL

      Large duplex with 4 bedrooms, 2 baths on each side.
      754 Camel Ct, Kissimmee, FL 34759
      View Details
    • $2,150,000
      2,510 SF

      Profitable Endodontic Clinic Business Opportunity

      High-performing endodontic clinic in booming Orlando suburb for sale.
      1106 Cypress Glen Cir, Kissimmee, FL 34741
      View Details
    • $1,200,000
      Pending

      Freestanding Commercial Building on Vine

      High-traffic Kissimmee location suitable for retail or restaurant.
      1606 W Vine St, Kissimmee, FL 34741
      View Details

    FAQs

    What type of property is this?
    Land - 15 acres suitable for mixed-use development in Osceola County.
    Where is this land located?
    The property is located at 2481 Ham Brown Rd Kissimmee, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - 1.15 acres adjacent to the Hawks Run community.; - Located within the Urban Growth Boundary of Osceola County.; - Designated for Community Center Perimeter (CCP) future land use.
    (407) 748-3792
    Request Owner's contact information
    2481 Ham Brown Rd Kissimmee, FL 34746
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2481 Ham Brown Rd
    Kissimmee, FL 34746
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2481 Ham Brown Rd Kissimmee, FL 34746
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Marc Shamley
    (407) 748-3792
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.