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    Property profile & analytics

    4500 Pleasant Hl Rd Kissimmee, FL 34746-2724

    • Drug stores
    • 13,872 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimations
    $2,955,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3059780
    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

    • CVS Photo / (Bike/Boat/Book/etc) Store
    • CVS / Cosmetic Store
    • CDReload - Online Bitcoin ATM / Atm / Currency Exchange Service
    • Sofia Gonzalez / Physician
    • CVS Pharmacy y más / Pharmacy

    Property Details for 4500 Pleasant Hl Rd

    Year built
    2010
    Lot size
    2.00 lot acres
    Property size
    13,872 SF
    Zone code
    OPD
    Property type
    Drug stores
    APN
    62729296700010060
    APU
    62729296700010060

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,933,000
      Market price range: $570k - $2.53M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,515,000
      Current use
      AUTO REPAIR, GARAGE
      $4,145,000
      Change: +18% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,935,000
      Change: +12% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $3,825,000
      Change: +9% Conversion: Difficult
      OFFICE BUILDING
      $3,585,000
      Change: +2% Conversion: Easy
      WAREHOUSE, STORAGE
      $3,070,000
      Change: -13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.4407
    Latitude
    28.155
    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
    $57,188
    $1,656,000
    $2,579,600
    $4,235,600
    -
    $1,656,000
    $2,579,600
    $4,235,600

    Comparable in this City

    • Value Estimation
      $2,320,000
      10,880 SF

      3300 Orange Blossom Trl

      DRUG STORE, PHARMACY • 10,880 SF
      3300 Orange Blossom Trl, Kissimmee, FL 34746-6552
      View Details
    • Value Estimation
      $2,920,000
      13,820 SF

      3298 John Young Pkwy

      DRUG STORE, PHARMACY • 13,820 SF
      3298 John Young Pkwy, Kissimmee, FL 34746-8813
      View Details
    • Value Estimation
      $40,000,000
      14,760 SF

      3769 Pleasant Hl Rd

      DRUG STORE, PHARMACY • 14,760 SF
      3769 Pleasant Hl Rd, Kissimmee, FL 34746-2937
      View Details
    • Value Estimation
      $5,995,000
      10,940 SF

      5308 Irlo Bronson Memorial Hwy

      DRUG STORE, PHARMACY • 10,940 SF
      5308 Irlo Bronson Memorial Hwy, Kissimmee, FL 34746-4754
      View Details
    • Value Estimation
      $3,595,000
      17,178 SF

      5935 Irlo Bronson Memorial Hwy

      DRUG STORE, PHARMACY • 17,178 SF
      5935 Irlo Bronson Memorial Hwy, Kissimmee, FL 34746-4765
      View Details
    • Value Estimation
      $3,010,000
      14,268 SF

      5180 Irlo Bronson Memorial Hwy

      DRUG STORE, PHARMACY • 14,268 SF
      5180 Irlo Bronson Memorial Hwy, Kissimmee, FL 34746-5346
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Retail Property Investment Opportunity

      Tenant-occupied retail property with additional income streams for sale.
      4371 W Vine St, Kissimmee, FL 34746
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    • $60,000

      Turnkey Barbershop Business Opportunity

      Established barbershop for sale in high-traffic Kissimmee location.
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      3.54 Acres

      Magic Place Out-Parcel Pad #2

      3.54-acre commercial land, prime Kissimmee location
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    • $1,500,000
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      Prime Land Near Valencia College

      5+ acres ideal for retail development near Valencia College.
      Pleasant Hill Rd, Kissimmee, FL 34746
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    • $3,300,000
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      Kissimmee Retail Center - Hwy 192

      High-traffic retail space, prime location.
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    • $185,000
      0.50 Acres

      Residential Lot in Kissimmee, FL

      Residential lot near restaurants, shopping, and schools.
      Pine Needle Trl, Kissimmee, FL 34746
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    Similar Nearby for Lease

    • $830 /Mo

      Kissimmee Retail Space For Rent

      Semi-furnished corner unit near restaurants and shopping in Kissimmee.
      5020 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
      View Details
    • Contact for pricing
      9,940 SF

      Retail Space with Signage

      Retail space with excellent visibility in a densely populated area.
      4688 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34746
      View Details
    • Contact for pricing
      1,446 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a Publix-anchored shopping center.
      3753 Pleasant Hill Rd, Kissimmee, FL 34746
      View Details
    • $283,200

      Kissimmee Retail/Office Space Available

      Retail and office space for rent in Kissimmee, Florida.
      4476 Pleasant Hill Rd, Kissimmee, FL 34746
      View Details
    • Contact for pricing
      1,202 SF

      Retail Space on Orange Blossom

      Retail space available for lease on South Orange Blossom Trail.
      3307-3329 S Orange Blossom Trl, Kissimmee, FL 34746
      View Details
    • Contact for pricing
      7,740 SF

      Retail Spaces on Pleasant Hill Rd

      Retail spaces available for pre-lease with high visibility.
      3581 Pleasant Hill Rd, Kissimmee, FL 34746
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      937
    • Avg Time on site
      22 min
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    Kissimmee, FL 34746-2724
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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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