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    Property profile & analytics

    339 Cypress Pkwy Kissimmee, FL 34759

    • Office buildings
    • 42,000 SF
    • 0.88 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6289737
    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

    • St. Peter Medical Group (Poinciana Office) / Medical Clinic
    • Aviva Healthcare / Gym & Fitness Center / Alternative Medicine Practice
    • Institute for Advanced Cardiovascular Care / Medical Clinic
    • Owen Kieran / Physician
    • Gastroenterology Associates / Medical Clinic

    Property Details for 339 Cypress Pkwy

    Year built
    2013
    Lot size
    0.88 lot acres
    Property size
    42,000 SF
    Zone code
    OPD
    Property type
    Office buildings
    APN
    112728000000500000
    APU
    112728000000500000

    Description

    This exceptional Class A medical office building, totaling 40,354 square feet, is situated on the HCA Florida Poinciana Campus in Kissimmee, Florida. Located at 339 Cypress Pkwy, 34759, this two-story building offers multiple tenancy options within a thriving, rapidly growing community. The building boasts ample parking, with a ratio of 5 spaces per 1,000 square feet, ensuring convenient access for patients and staff. Currently, several suites are available, ranging in size from 1,366 to 2,998 square feet, providing flexibility for various medical practices. The building's OPD zoning allows for a wide range of medical uses. The property is ideally suited for medical professionals seeking high-quality, customizable space in a prime location. Its strategic placement within the HCA Florida Poinciana Campus offers significant advantages, including access to a large patient base and synergistic opportunities. The building's Class A designation reflects its superior construction, modern amenities, and overall high-quality finishes. This presents a rare opportunity to establish or expand a medical practice in a vibrant and expanding area of Central Florida. Interested parties should inquire about available suite sizes and lease terms. The building's location in Osceola County, Florida, provides easy access to major transportation routes and amenities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $11,155,000
      6.5%
      $10,295,000
      7%
      $9,560,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,055,000
      Market price range: $7.69M - $14.8M
      AI Estimate
      $8,295,000
      Market price range: $4.26M - $12.4M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $10,860,000
      Current use
      AUTO REPAIR, GARAGE
      $12,550,000
      Change: +16% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $11,915,000
      Change: +10% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $11,580,000
      Change: +7% Conversion: Difficult
      RETAIL STORES
      $10,650,000
      Change: -2% Conversion: Moderate
      WAREHOUSE, STORAGE
      $9,300,000
      Change: -14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.4748
    Latitude
    28.1455
    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
    $116,016
    $728,600
    $5,829,600
    $6,558,200
    -
    $728,600
    $5,829,600
    $6,558,200

    Comparable in this City

    • Value Estimation by Request
      436 SF

      Grand Canal Dr

      OFFICE BUILDING • 436 SF
      Grand Canal Dr, Poinciana, FL 34759
      View Details
    • Value Estimation
      $1,315,000
      4,416 SF

      820 Cypress Pkwy

      PROFESSIONAL BUILDING • 4,416 SF
      820 Cypress Pkwy, Kissimmee, FL 34759-3424
      View Details
    • Value Estimation
      $1,690,000
      6,198 SF

      Cypress Pkwy

      PROFESSIONAL BUILDING • 6,198 SF
      Cypress Pkwy, Kissimmee, FL 34759
      View Details
    • Value Estimation
      $2,095,000
      7,736 SF

      900 Towne Ctr Dr

      PROFESSIONAL BUILDING • 7,736 SF
      900 Towne Ctr Dr, Kissimmee, FL 34759-3470
      View Details
    • Value Estimation
      $1,585,000
      6,840 SF

      850 Towne Ctr Dr

      OFFICE BUILDING • 6,840 SF
      850 Towne Ctr Dr, Kissimmee, FL 34759-3468
      View Details
    • Value Estimation by Request
      558 SF

      San Clemente Ave

      OFFICE BUILDING • 558 SF
      San Clemente Ave, Poinciana, FL 34759
      View Details

    Similar Nearby for Sale

    • $260,000
      13,000 SF

      Executive Office Space, Poinciana, FL

      13,000 SF Office, $20/SF, New Construction
      1590 Mediterranean Dr, Poinciana, FL 34759
      View Details
    • $510,000

      Kissimmee Specialty Property For Sale

      Specialty property available in Kissimmee, Florida.
      328 Baccarat Ct, Kissimmee, FL 34759
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    • $49,999

      Land in Private, Convenient Location

      Land with strategic location in a nice surrounding area.
      1339 Homosassa Ct, Poinciana, FL 34759
      View Details
    • $60,000
      0.22 Acres

      Residential Land in Poinciana, FL

      Residential land available for building a dream home or development.
      1557 Marlin Dr, Kissimmee, FL 34759
      View Details
    • $45,000
      0.27 Acres

      Residential Land in Kissimmee, Florida

      Residential land suitable for building a dream home.
      1415 Sebring Way, Kissimmee, FL 34759
      View Details
    • $58,000

      Poinciana Land Parcel For Sale

      Prime .78-acre lot in Poinciana, with water and sewer access.
      Chinook Rd, Poinciana, FL 34759
      View Details

    Similar Nearby for Lease

    • $23 SF/Yr
      40,354 SF

      Poinciana Medical Office Building

      Class A Medical Office Suites in Kissimmee
      339 Cypress Pkwy, Kissimmee, FL 34759
      View Details
    • $25 SF/Yr
      6,041 SF

      Freestanding Medical Office in Kissimmee

      Medical office building near HCA Florida Poinciana Hospital for lease.
      1050 Cypress Pkwy, Kissimmee, FL 34759
      View Details
    • Contact for pricing
      3,000 SF

      Poinciana Medical Office Space Available

      3,000 SF medical office space for lease in Poinciana.
      1060 Cypress Pkwy, Kissimmee, FL 34759
      View Details
    • Contact for pricing
      40,354 SF

      Class A Medical Office Space

      Medical office suites available within HCA Florida Poinciana Campus.
      339 Cypress Pkwy, Kissimmee, FL 34759
      View Details
    • $21,600

      Retail Space in Kissimmee

      Retail space available for lease in Kissimmee, Florida.
      864 Towne Center Dr, Kissimmee, FL 34759
      View Details
    • $30 SF/Yr
      3,533 SF

      Retail Space on Cypress Parkway

      Retail space with high traffic and strong demographics.
      924 Cypress Pkwy, Kissimmee, FL 34759
      View Details
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    339 Cypress Pkwy
    Kissimmee, FL 34759
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    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
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