Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    222 Broadway Kissimmee, FL 34741
    Back to Search
    Property profile & analytics

    222 Broadway, Kissimmee, FL 34741

    View on Map
    • Retail properties & Spaces
    • 41,222 SF
    For Lease
    $24 SF/Yr
    View Listing →
    City Centre Kissimmee Office Building For Lease
    $24 SF/Yr

    City Centre Kissimmee Office Building

    Prime Kissimmee Retail & Office Space

    222 Broadway, Kissimmee, FL 34741
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Najib Kirmani, MD / Physician / Medical Clinic
    • FPA Clinical Research / Medical Laboratory
    • Dr. ADRIANA M. VELASQUEZ / Pediatrician / Physician
    • Reyes-Ortiz, Bolivia La Paz / Medical Clinic
    • FPA Clinical Research: Dr Christopher M. Chappel / Physician

    Property Details for 222 Broadway

    Year built
    2008
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional three-story, 41,222 square foot building, located at 222 Broadway in Kissimmee, Florida, 34741, offers a unique blend of retail and office space. Completely renovated in 2024, the property boasts upgraded flooring, paint, elevators, and fixtures throughout. The building features seven suites, with a flexible layout allowing for various configurations. Second and third floors offer fully built-out medical and traditional office spaces, complete with private entrances, reception areas, waiting rooms, conference rooms, and exam rooms. The building sits on a 2.07-acre lot and includes 232 parking spaces in a private garage, supplemented by ample street parking. Its central location in Kissimmee's business district provides easy access to local amenities, and its proximity to HCA Florida Osceola Hospital and AdventHealth Kissimmee (a combined 644 patient beds) makes it an ideal location for medical practices. The property is zoned KB1 and has an APN of 22-25-29-1254-00CU-01C0 in Osceola County. This is a rare opportunity to acquire a fully renovated, multi-tenant building in a thriving Florida market. The building's modern amenities and strategic location make it an attractive investment for both owners and tenants. Contact us today to learn more about this exceptional property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.4054
    Latitude
    28.2941

    Comparable in this City

    • Value Estimation by Request
      1.24 Acres

      John Young Pkwy

      Medical Office Space
      0 John Young Pkwy, Kissimmee, FL 34741
      View Details
    • Value Estimation by Request
      28,248 SF

      1013 Vine St

      Restaurants
      1013 Vine St, Kissimmee, FL 34741
      View Details
    • Value Estimation by Request
      1.60 Acres

      Sunrise Plz Dr

      Medical Office Space
      0 Sunrise Plz Dr, Kissimmee, FL 34741
      View Details
    • Value Estimation by Request
      3,000 SF

      Beaumont Ave

      Medical Office Space
      0 Beaumont Ave, Kissimmee, FL 34741
      View Details
    • Value Estimation by Request
      4,634 SF

      611 Oak Commons Blvd

      Medical Office Space
      611 Oak Commons Blvd, Kissimmee, FL 34741
      View Details
    • Value Estimation by Request
      730 SF

      318 John Young Pkwy

      Medical Office Space
      318 John Young Pkwy, Kissimmee, FL 34741
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial Pad Sites Available

      Pad sites available in Kissimmee on S. John Young Parkway.
      S John Young Pkwy, Orlando, FL 34741
      View Details
    • $3,200,000
      16,083 SF

      Mixed-Use Property in Historic Downtown

      Prime mixed-use property in revitalizing historic downtown Kissimmee.
      219 Broadway, Kissimmee, FL 34741
      View Details
    • Contact for pricing
      2,632 SF

      Kissimmee Retail/Restaurant Opportunity

      2,632 SF building on 0.44 acres in Kissimmee.
      926 N Main St, Kissimmee, FL 34741
      View Details
    • Contact for pricing
      100,000 SF

      Proposed Medical Outpatient Building Development

      Proposed 100,000 SF Class A medical outpatient facility.
      350 N Beaumont Ave, Kissimmee, FL 34741
      View Details
    • Contact for pricing
      2,010 SF

      Remodeled Commercial Building with Income Potential

      Remodeled commercial property with strong income potential, divided into units.
      301 N John Young Pkwy, Kissimmee, FL 34741
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      41,222 SF

      City Centre Kissimmee Office Building

      Prime Kissimmee Retail & Office Space
      222 Broadway, Kissimmee, FL 34741
      View Details
    • $150,000

      High-Traffic Kissimmee Commercial Land

      Pre-leasing opportunity on John Young Parkway, Kissimmee.
      1591 John Young Pkwy, Kissimmee, FL 34741
      View Details
    • $28 SF/Yr

      Medical Office Building For Lease

      Turnkey medical office near two major hospitals.
      1205 N Central Ave, Kissimmee, FL 34741
      View Details
    • $24 SF/Yr
      41,222 SF

      Downtown Kissimmee Retail and Office

      Three-story retail and office building in Downtown Kissimmee's Business District.
      222 Broadway, Kissimmee, FL 34741
      View Details
    • $30 SF/Yr
      5,000 SF

      Prime Kissimmee Commercial Space

      Pre-leasing opportunity in high-traffic Kissimmee corridor, ideal for various uses.
      1591 John Young Pkwy, Kissimmee, FL 34741
      View Details
    • Contact for pricing

      Kissimmee Medical/Professional/Retail Bays Available

      Four contiguous bays for medical, professional office, or retail use.
      1952 S John Young Pkwy, Kissimmee, FL 34741
      View Details
    View Listing
    Request Owner's contact information
    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.
    222 Broadway
    Kissimmee, FL 34741
    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
    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

    Thank You for Inquiry
    222 Broadway, Kissimmee, FL, 34741
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!