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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Office buildings
207 Park Pl Blvd Kissimmee, FL 34741-2373
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-5094869
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1986
Total area
11,440 SF
Lot
1.44 ac (62,726 SF)
Zoning code
OCR
APN
152529467300010010
UPID
US18-5094869
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
-
Dr. Bhupendrakum K. Patel, MD Physician
-
Dr. Dilipkumar R. Patel, MD Physician Medical Clinic
-
Aziz Abdul MD Physician
-
FLORIDA ARTHRITIS & RHEUMATISM, INC Physician
-
My BA Therapy Center (207) Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.81M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.31M
Owner & transaction history
Bhupendra M Patel · 2 yrs held
Bhupendra M Patel
since 2024
5 recorded transactions
Zoning & alternative use
OCR · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.4M
+13.9%
Neighborhood: shopping center
$3.2M
+8.1%
Industrial (general)
$3.2M
+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%
$3,040,000
6.5%
$2,805,000
7%
$2,605,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,005,000
Current use
AUTO REPAIR, GARAGE
$3,420,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,245,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,155,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$2,900,000
Change: -3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,555,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$2,535,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±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
$202 / 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
$25,187
Tax year 2023
Assessed value
$1,274,700
Assessed 2023
Previous assessed
$1,274,700
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$411,400
Assessed improvement
$863,300
Land market value
$411,400
Improvement market value
$863,300
Total market value
$1,274,700
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
1986
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
23
Total area
11,440 SF
Lot
1.44 ac (62,726 SF)
Zoning code
OCR
APN
152529467300010010
UPID
US18-5094869
Jurisdiction
OSCEOLA
Zoning & alternative use
OCR · Kissimmee, FL
Zoning OCR · permitted uses
OCR · 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
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.5M
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
1986
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
23
Lot
1.44 ac
Current owner
From public records · entity-resolved
Bhupendra M Patel
Individual
Free & Clear · 2 yrs held
Mailing address
734 HONEYSUCKLE AVE, KISSIMMEE, FL 34747-4657
Ownership since
2024
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
Feb 16, 2024
—
Bhupendra M Patel
Bhupendra M Patel
Intrafamily Transfer
related
—
Jan 28, 2019
—
Silver Hospitality INC
—
Grant Deed
related
$5,830,000 · Farmers St Bk/alto Pass
Dec 14, 2016
—
Bhupendra Patel
—
Deed
related
$730,000 · Harbor Cmnty Bk
—
—
Bhupendra Patel
—
Deed Of Trust
related
$730,000 · Harbor Cmnty Bk
—
—
Bhupendra Patel
—
Deed Of Trust
related
$162,755 · Nationsbank
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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