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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Office buildings
1121 Miranda Ln Kissimmee, FL 34741-0763
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-7953948
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2017
Total area
9,660 SF
Lot
1 ac (43,560 SF)
Zoning code
OPD
APN
32529458200010050
UPID
US18-7953948
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ly Nguyen Ophthalmologist
-
Bao Truong Ophthalmologist
-
Central Florida Retina Eye Care Center Ophthalmologist
-
Ly Thi Nguyen Ophthalmologist
-
Eye Florida Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.37M
Comparable Approach
Comparable
$3.34M
Blend (final)
Blend
$2.76M
Owner & transaction history
Ltn Properties LLC · 10 yrs held
Ltn Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
OPD · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+13.9%
Neighborhood: shopping center
$2.7M
+8.1%
Industrial (general)
$2.7M
+5.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kissimmee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kissimmee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,565,000
6.5%
$2,370,000
7%
$2,200,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,535,000
Current use
AUTO REPAIR, GARAGE
$2,885,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,740,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,665,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$2,450,000
Change: -3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,155,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$2,140,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$285 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,855
Tax year 2023
Assessed value
$1,819,500
Assessed 2023
Previous assessed
$1,703,400
+6.8% YoY
Effective rate
1.70%
On assessed value
Assessed land
$768,400
Assessed improvement
$1,051,100
Land market value
$768,400
Improvement market value
$1,051,100
Total market value
$1,819,500
Applied tax rate
300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2017
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
9,660 SF
Lot
1 ac (43,560 SF)
Zoning code
OPD
APN
32529458200010050
UPID
US18-7953948
Jurisdiction
OSCEOLA
Zoning & alternative use
OPD · Kissimmee, FL
Zoning OPD · permitted uses
OPD · Kissimmee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kissimmee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
YES
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Ltn Properties LLC
Entity
Mailing address
12837 BROLEMAN RD, ORLANDO, FL 32832-6134
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2022
—
Ltn Properties LLC
—
Deed
related
$1,223,295 · Bank Of America NA
Oct 2, 2018
—
Ltn Properties LLC
—
Deed
related
$300,000 · Centerstate Bk NA
Jun 6, 2016
$350,000
Ltn Properties LLC
Tupperware Services INC
Grant Deed
$1,400,000 · Florida Bk/cmrc
Jun 6, 2016
—
Ltn Properties LLC
Deerfield Land Corp
Grant Deed
related
—
—
—
Ltn Properties LLC
—
Deed Of Trust
related
$300,000 · Centerstate Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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