Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,150,000
Strip malls
1621 John Young Pkwy Kissimmee, FL 34741-3216
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2193057
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Total area
15,194 SF
Lot
2.12 ac (92,347 SF)
Zoning code
KHC
APN
16252900U002300000
UPID
US18-2193057
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
-
Tee’s Beauty Haven Hair Salon Nail Salon
-
D’Lesly hair stylist Hair Salon
-
Fetch Truck Rental Car Rental Facility
-
Tales From The Ink Tattoo Studio Tattoo & Piercing Shop
-
Remedy Salon Suites Kissimmee Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.15M
Owner & transaction history
Kissimmee Korners Lllp · 13 yrs held
Kissimmee Korners Lllp
since 2012
3 recorded transactions
Zoning & alternative use
KHC · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+5.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,310,000
Current use
AUTO REPAIR, GARAGE
$4,540,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,190,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$3,990,000
Change: -7% · Conversion: Moderate
RETAIL STORES
$3,850,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.15M
Range $2.84M – $3.47M · ±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
$207 / 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
$50,327
Tax year 2023
Assessed value
$3,290,100
Assessed 2023
Previous assessed
$2,437,100
+35.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$999,200
Assessed improvement
$2,290,900
Land market value
$999,200
Improvement market value
$2,290,900
Total market value
$3,290,100
Applied tax rate
200.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
37
Total area
15,194 SF
Lot
2.12 ac (92,347 SF)
Zoning code
KHC
APN
16252900U002300000
UPID
US18-2193057
Jurisdiction
OSCEOLA
Zoning & alternative use
KHC · Kissimmee, FL
Zoning KHC · permitted uses
KHC · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$4.2M
OFFICE BUILDING
Est. value
$4.0M
RETAIL STORES
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1972
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
37
Lot
2.12 ac
Current owner
From public records · entity-resolved
Kissimmee Korners Lllp
Entity
Mailing address
3435 122ND PL NE, BELLEVUE, WA 98005-1237
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2012
$9,550,000
Kissimmee Korners Lllp
Procacci Kissimmee LLC
Grant Deed
$6,200,000 · First Southern Bank
Jun 29, 2009
—
Procacci Kissimmee LLC
—
Deed Of Trust
related
$6,300,000 · Totalbank
Oct 15, 2003
$3,000,000
Procacci Financial Group Ltd
—
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1621 John Young Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
