Corner Medical Office
For Sale
$599,000
Pending
812 W Oak St, Kissimmee, FL 34741
Medical and office layout with exam rooms, waiting area, and storage, supported by large parking accessibility.
Property Size2,460 SF
Days on Market362
Property Features for 812 W Oak St
General Information
Standard status
Pending
Size
2,460 SF
Taxes and HOA fees
Annual Taxes
$5,845
Listing Agency:
FRANQUI REALTY ALL HOMES & PRO
(407) 729-3683
Listed By:
Millie Franqui
(407) 729-3683
Source:
Exprealty
Added: Sep 5, 2025
Changed: Aug 25
Last Checked: Aug 31 at 8:03PM
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 FRANQUI REALTY ALL HOMES & PRO
Investment Insights
Based on property information with market context.
This corner-end building is designed for medical and office use, with multiple rooms including exam rooms, a waiting area, and a storage room. The interior configuration supports day-to-day patient or client flow, with dedicated spaces for both clinical and administrative functions.
Located at 812 W Oak St in Kissimmee, FL, the property benefits from corner positioning and large parking accessibility, making it practical for staff and patient visits. The building’s setup is suited to organizations that need convenient on-site parking.
For buyers seeking a turnkey medical office or a professional office environment, the room mix provides a straightforward framework for an exam-based practice and related operations. The waiting area and storage room add operational utility, while the overall multi-room plan can accommodate a variety of medical office and office workflows consistent with the property’s existing layout.
Located at 812 W Oak St in Kissimmee, FL, the property benefits from corner positioning and large parking accessibility, making it practical for staff and patient visits. The building’s setup is suited to organizations that need convenient on-site parking.
For buyers seeking a turnkey medical office or a professional office environment, the room mix provides a straightforward framework for an exam-based practice and related operations. The waiting area and storage room add operational utility, while the overall multi-room plan can accommodate a variety of medical office and office workflows consistent with the property’s existing layout.
Key Highlights
- Corner‑lot medical and office building layout with multiple rooms
- Includes exam rooms, medical/office space, and a waiting area
- Features a storage room
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
$30,912
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
5.16%
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%
$618,240
$618.2K
Cap Rate 7%
$441,600
$441.6K
Cap Rate 9%
$343,467
$343.5K
Market Conditions
NOI Build-Up for 2,460 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
$57.6K $23.40/SF
− Vacancy
−$6.0K −$2.46/SF
EGI
$51.5K $20.94/SF
− OpEx
−$20.6K −$8.38/SF
NOI
$30.9K $12.57/SF
Area
Polk County, FL
Vacancy
10.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
40.00%
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%
$618,240
Cap Rate 7%
$441,600
Cap Rate 9%
$343,467
Alternative Uses
Best Use
Healthcare Medical
$441.6K
$386.4K – $515.2K
NOI $30,912 @ 7.0% cap · market cap 5.16%
Second Best
Office B
$431.7K
$377.8K – $503.7K
NOI $30,221 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$591.2K
$517.3K – $689.7K
NOI $41,381 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,724
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical and office layout with exam rooms, waiting area, and storage, supported by large parking accessibility.
Where is this medical office space located?
The property is located at 812 W Oak St Kissimmee, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Corner‑lot medical and office building layout with multiple rooms; Includes exam rooms, medical/office space, and a waiting area; Features a storage room
