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    Professional Office Suite in Standalone Building Title is generated by Realmo AI

    3001 MICHIGAN AVENUE, Kissimmee, FL 34744

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    For Lease
    $2,250/Mo $12 SF/Yr (calc)

    Office - KISSIMMEE, FL

    Type:Office
    Property size:
    2,084 SF
    Lot size:
    0.30 Acres
    Added:
    May 5, 2026
    Days on Market:
    29
    Last Refresh:
    Jun 2 at 6:06 pm

    Property Features for 3001 MICHIGAN AVENUE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    KHC
    Exterior features
    Corner Lot, Paved
    Standard status
    Active
    APN
    02-25-29-2165-0001-0410
    Size
    2,084 SF
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6063

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Block, Concrete, Stucco
    Roof type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Edgar Ortiz
    Edgar Ortiz

    Listing agent Edgar Ortiz License #699117

    Listing office REMAX PREMIER PROPERTIES 404 Broadway, Kissimmee, FL

    Listing date May 5, 2026

    MLS# S5149172 Listing URL

    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.

    HighLights

    • Standalone 2‑unit building in a highway commercial area in Kissimmee (2006 construction) with one retail unit and one office unit
    • Third‑acre corner lot with paved exterior features and 8 parking spaces
    • Tile roof and exterior construction of block, concrete, and stucco
    • Central air with central electric heating; tile flooring
    • Office unit includes two separate restrooms, including one with a shower

    Overview

    This standalone building offers two separate units, including a professional office space available for lease. Built in 2006, the property features a cement tile roof, and the site includes eight parking spaces on a corner lot. The available office unit includes two restrooms, with one restroom offering a shower. A draft floor plan is available to help prospective tenants review layout options.

    The property sits in a highway commercial setting in Kissimmee, positioned off Michigan Avenue near Osceola Parkway. It is less than one mile from the new Orlando Health Emergency Medical Pavilion and within a short distance of the Osceola Parkway Turnpike entrance/exit off Michigan Avenue. Nearby retail includes a Walmart Supercenter Plaza located about a quarter mile away.

    With its practical restroom configuration and professional tenant focus, this suite is well-suited for service-oriented businesses such as a law firm, financial services or tax accountant, insurance office, or a mortgage broker. The standalone nature of the building and available draft layout make it a strong option for teams looking for a direct, professional space in a busy commercial corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    GVS USA CORP ... Big Box & Wholesale Store Unique Bightening Smile Dental Office atrevida inc Clothing & Fashion Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Polk
    State
    Florida
    Longitude
    -81.389502
    Latitude
    28.337102

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    FAQs

    What type of property is this?
    Office units - Standalone office with private restrooms and shower in a highway commercial area near major retail and medical development.
    Where is this office units located?
    The property is located at 3001 MICHIGAN AVENUE Kissimmee, FL.
    What is the lease rate?
    The lease rate is $2,250 /Mo.
    What are key features of this property?
    This property features: Standalone 2‑unit building in a highway commercial area in Kissimmee (2006 construction) with one retail unit and one office unit; Third‑acre corner lot with paved exterior features and 8 parking spaces; Tile roof and exterior construction of block, concrete, and stucco
    (407) 797-0547
    We can help!
    Listing Contact
    Edgar Ortiz
    Edgar Ortiz
    Real Estate License ID: 699117
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    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.

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    3001 MICHIGAN AVENUE, KISSIMMEE, FL 34744
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