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Property profile & analytics
OFF-MARKET
Estimated value
$5,315,000
Hospitals
221 Park Pl Blvd Kissimmee, FL 34741-2345
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-0640796
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1993
Total area
44,851 SF
Lot
4.65 ac (202,554 SF)
Zoning code
KB5
APN
152529190600010010
UPID
US18-0640796
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
-
The Palms Physician
-
The Terrace of Kissimmee Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.32M
Owner & transaction history
221 Park Place Holdings LLC · 12 yrs held
221 Park Place Holdings LLC
since 2013
7 recorded transactions
Zoning & alternative use
KB5 · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
RESTAURANT
$5,875,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,420,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,025,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,890,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,310,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±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
$119 / 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
$63,363
Tax year 2023
Assessed value
$3,616,200
Assessed 2023
Previous assessed
$3,467,700
+4.3% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,032,700
Assessed improvement
$2,583,500
Land market value
$1,032,700
Improvement market value
$2,583,500
Total market value
$3,616,200
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1993
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Rooms
191
Total area
44,851 SF
Lot
4.65 ac (202,554 SF)
Zoning code
KB5
APN
152529190600010010
UPID
US18-0640796
Jurisdiction
OSCEOLA
Zoning & alternative use
KB5 · Kissimmee, FL
Zoning KB5 · permitted uses
KB5 · 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
RESTAURANT
Est. value
$5.9M
RETAIL STORES
Est. value
$5.4M
INDUSTRIAL (GENERAL)
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.9M
WAREHOUSE, STORAGE
Est. value
$3.3M
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1993
Heating
YES
Cooling
Yes
Stories
1
Rooms
191
Lot
4.65 ac
Current owner
From public records · entity-resolved
221 Park Place Holdings LLC
Entity
Mailing address
2001 ROSS AVE STE #1900, DALLAS, TX 75201-2997
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2020
—
221 Park Place Holdings LLC
—
Deed
related
$10,833,500 · Orix R/e Cap
Dec 2, 2013
$14,746,000
221 Park Place Holdings LLC
Osceola Healthcare I Partners LLC
Special Warranty Deed
$19,200 · The Privatebank & Trust Co
Jan 17, 2007
$4,713,500
Osceola Healthcare I Ptrs LLC
Osceola Kissimmee
Grant Deed
$1,500,000 · Capitalsource Finance LLC
Jan 29, 2005
—
Osceola Kissimmee
—
Deed Of Trust
related
$9,200,000 · Capitalsource Finance LLC
Aug 3, 2001
$5,200,000
Osceola Kissimmee LP
Royal Oaks Partnership
Grant Deed
—
—
—
221 Park Place Holdings LLC
—
Loan Modification
related
$10,301,664 · Regions Bk
—
—
221 Park Place Holdings LLC
—
Loan Modification
related
$10,833,500 · Orix R/e Cap
—
—
Osceola Healthcare I Ptrs LLC
—
Deed Of Trust
related
$149,000 · Capitalsource Bank
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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