Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2551 Tohope Blvd Kissimmee, FL 34741-1648

    • Mobile home & RV parks
    • 3,556 SF
    • 34.72 lot acres
    OFF-MARKET
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4128594
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kissimmee Gardens / Campground & RV Park

    Property Details for 2551 Tohope Blvd

    Year built
    1972
    Lot size
    34.72 lot acres
    Property size
    3,556 SF
    Zone code
    KMHP
    Property type
    Mobile home & RV parks
    APN
    09252900U002200000
    APU
    09252900U002200000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      MOBILE HOME PARK, TRAILER PARK
      $850,000
      Current use
      COMMERCIAL (GENERAL)
      $800,000
      Change: -6% Conversion: Difficult
      OFFICE BUILDING
      $715,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.4131
    Latitude
    28.3213
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $132,231
    $8,853,200
    $160,900
    $9,014,100
    -
    $8,853,200
    $160,900
    $9,014,100

    Comparable in this City

    • Value Estimation by Request
      720 SF

      2504 Sunset Dr

      MOBILE HOME PARK, TRAILER PARK • 720 SF
      2504 Sunset Dr, Kissimmee, FL 34741-1746
      View Details
    • Value Estimation by Request
      825 SF

      2540 John Young Pkwy

      MOBILE HOME PARK, TRAILER PARK • 825 SF
      2540 John Young Pkwy, Kissimmee, FL 34741-1679
      View Details
    • Value Estimation
      $725,000
      3,188 SF

      1080 Jack Calhoun Dr

      MOBILE HOME PARK, TRAILER PARK • 3,188 SF
      1080 Jack Calhoun Dr, Kissimmee, FL 34741-6204
      View Details
    • Value Estimation by Request
      1,204 SF

      1427 Roscoe Dr

      MOBILE HOME PARK, TRAILER PARK • 1,204 SF
      1427 Roscoe Dr, Kissimmee, FL 34741-6746
      View Details
    • Value Estimation by Request
      564 SF

      2475 Beaumont Ave

      MOBILE HOME PARK, TRAILER PARK • 564 SF
      2475 Beaumont Ave, Kissimmee, FL 34741-2223
      View Details
    • Value Estimation by Request
      2.51 Acres

      Lester Dr

      MOBILE HOME PARK, TRAILER PARK • 2.51 Acres
      Lester Dr, Kissimmee, FL 34741
      View Details

    Similar Nearby for Sale

    • $385,000
      2.28 Acres

      Development Land in Kissimmee, FL

      2.28 acres with approved plans for 17 townhomes.
      Butler Ave, Kissimmee, FL 34741
      View Details
    • $1,100,000

      Commercial Land with Income Properties

      Commercial land with income-producing properties on John Young Parkway.
      809 N John Young Pkwy, Kissimmee, FL 34741
      View Details
    • $699,900

      Multifamily Land with Income Potential

      Multifamily land with eight income-producing properties and endless potential.
      810 Person St, Kissimmee, FL 34741
      View Details
    • $1,100,000
      4,685 SF

      Kissimmee Six-Unit Apartment Building

      Six-unit apartment building in historic downtown Kissimmee, walking distance to amenities.
      22 S Clyde Ave, Kissimmee, FL 34741
      View Details
    • $379,990
      1,562 SF

      Renovated Duplex in Historic Kissimmee

      Completely renovated duplex in the heart of Historic Downtown Kissimmee.
      21 N Beaumont Ave, Kissimmee, FL 34741
      View Details
    • New
      $435,000
      Pending

      New Kissimmee Duplex Investment Opportunity

      New two-story duplex in Kissimmee with strong rental potential.
      802-804 Harford St, Kissimmee, FL 34741
      View Details

    Similar Nearby for Lease

    • $6,000 /Mo

      Downtown Kissimmee Office Suites

      Professional office suites in downtown Kissimmee, furnished or unfurnished.
      917 Emmett St, Kissimmee, FL 34741
      View Details
    • Contact for pricing
      7,351 SF

      Kissimmee Retail Center For Rent

      Retail center in Kissimmee, built in 2006, 7351 square feet.
      624 E Osceola Pkwy, Kissimmee, FL 34741
      View Details
    • Contact for pricing

      Two-Story Office Building For Rent

      Two-story office building near the County Courthouse available for rent.
      722 Patrick St, Kissimmee, FL 34741
      View Details
    • Contact for pricing
      5,040 SF

      Retail Space in Kissimmee Plaza

      Retail space available in Kissimmee, Florida with established tenants.
      1307-1397 E Osceola Pkwy, Kissimmee, FL 34741
      View Details
    • Contact for pricing
      1,697 SF

      Retail/Medical/Office Space in Kissimmee

      Retail, medical, or office space for lease in Kissimmee.
      1952 S John Young Pkwy, Kissimmee, FL 34741
      View Details
    • $3,644 /Mo
      1,943 SF

      Kissimmee Office/Medical Space For Rent

      Office or medical space with natural light in Kissimmee, FL.
      1200 N Central Ave, Kissimmee, FL 34741
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2551 Tohope Blvd
    Kissimmee, FL 34741-1648
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!