1101 Central Ave Kissimmee, FL 34741-4405
- Office properties & Spaces
- 4,158 SF
- 0.10 lot acres
Current Use by Public Records
- Mario A. Cordova, PA / Physician
- Nephrology Associates / Medical Clinic
- Delgado Lazaro MD / Physician / Medical Clinic
- kidney Doctor / Physician / Medical Clinic
- Dr. Miguel R. Portocarrero / Physician / Medical Clinic
Property Details for 1101 Central Ave
- Year built
- 1965
- Lot size
- 0.10 lot acres
- Property size
- 4,158 SF
- Zone code
- KB3
- Property type
- Office properties & Spaces
- APN
- 222529121900010010
- APU
- 222529121900010010
Description
This exceptional 4,158-square-foot Class A medical office building, constructed in 2005, presents a remarkable investment opportunity in Kissimmee, Florida. Located at 1101 N Central Ave, this fully built-out facility boasts high visibility with direct frontage on Central Avenue, placing it just half a block from HCA Florida Osceola Hospital and a convenient 1.4 miles from Advent Health Hospital. The property's central location offers easy access to Orlando, St. Cloud, Celebration, and Lake Nona, ensuring a strong patient base and convenient access for medical professionals. The building features a spacious waiting room and reception area, eight exam rooms, four private offices, four bathrooms, a nurses' station and office, a break room, and an administrative office. The ample parking ratio of 8.74 spaces per 1,000 square feet ensures convenient parking for patients and staff. The property is zoned B-4 and has an APN of 22-25-29-1219-0001-0010. Currently vacant, this turnkey medical office building is ready for immediate occupancy and presents a unique opportunity for a medical practice or investor seeking a prime location in a thriving healthcare market. The asking price is $1,395,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $1,020,000
- 7%
- $945,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,292,000
- AI Estimate
- $991,000
Market price range: $751k - $1.44MMarket price range: $446k - $1.33M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,090,000 Current use
- AUTO REPAIR, GARAGE
- $1,240,000 Change: +14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,180,000 Change: +8% Conversion: Difficult
- RETAIL STORES
- $1,055,000 Change: -3% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $930,000 Change: -15% Conversion: Easy
- WAREHOUSE, STORAGE
- $920,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Osceola
- State
- Florida
- Longitude
- -81.4073
- Latitude
- 28.302
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA