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

1201 E OAK, Kissimmee, FL 34744

Flexible commercial building with open work areas, private rooms, multiple bathrooms, and substantial on-site parking.

Property Size14,652 SF
Lot Size2.00 Acres
Price / SF$333.33
Days on Market2

Property Features for 1201 E OAK

General Information

Standard status Active
Size 14,652 SF
Total Parking Spaces 77
Lot size 2.00 Acres
Property subtype Commercial

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $59,500

Building Details

Building Size 14,652 SF
Year Built 2005
Buildings 1
Stories 1
Listed By: Lori Solomon
Source: Elliman
Added: Sep 11 Last Checked: Sep 12 at 7:17AM

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 Lori Solomon

Investment Insights

Based on property information with market context.

Located at 1201 E Oak in Kissimmee, this one-level office building was constructed in 2005 and offers more than 15,000 square feet. The interior includes over approximately 7,000 square feet of open space with carpet flooring, along with seven flex areas finished with commercial vinyl flooring. These rooms can function as offices, conference rooms, a kitchen, or storage. The property also includes a utility room for phone, internet, and fire-extinguisher equipment, plus four bathrooms with multiple stalls and ceramic tile flooring.

The two-acre site provides 77 parking spaces and 300 feet of frontage on E Oak Street. The building can be seen from 192, E Vine Street, and E Irlo Bronson Memorial Highway. Its configuration supports office, medical, educational, and other commercial uses.

Key Highlights

  • Two‑acre site with 77 parking spaces
  • 300' of frontage on E Oak Street
  • 15,000+ square feet in a one‑level building constructed in 2005

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
$184,275
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
3.69%
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%
$3,685,500 $3.7M
Cap Rate 7%
$2,632,500 $2.6M
Cap Rate 9%
$2,047,500 $2.0M
Market Conditions
NOI Build-Up for 15,000 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
$315.0K $21.00/SF
− Vacancy
−$69.3K −$4.62/SF
EGI
$245.7K $16.38/SF
− OpEx
−$61.4K −$4.10/SF
NOI
$184.3K $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%
$3,685,500
Cap Rate 7%
$2,632,500
Cap Rate 9%
$2,047,500

Alternative Uses

Best Use
Office B
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,275 @ 7.0% cap · market cap 3.69%
Second Best
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.21M (±1% cap)
NOI $252,324 @ 7.0% cap · market cap 5.05%
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
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Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial building with open work areas, private rooms, multiple bathrooms, and substantial on-site parking.
Where is this office building located?
The property is located at 1201 E OAK 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: Two‑acre site with 77 parking spaces; 300' of frontage on E Oak Street; 15,000+ square feet in a one‑level building constructed in 2005
More about this property
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