Add Listing
    For Lease
    • 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

    431 Aulin Ave, Unit B Oviedo, FL 32765

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $17,400 /Mo

    Flex space with warehouse and office near 417 Expressway.

    Lot size:
    0.83 Acres

    Property Features for 431 Aulin Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.83 Acres

    Building Details

    Year built
    1987

    We can help!

    Listing Contact
    Carolyn Canada
    Carolyn Canada
    Source: Elliman

    Listing Agent: Carolyn Canada

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Flex Space Near 417 Expressway

    This flex space is located near the 417 Expressway, Oviedo Mall, hospital, businesses, and schools. The unit, designated as 431 Aulin Ave, Unit B, offers approximately 1,000 sq ft of space, divided equally between warehouse and office areas. The buildings are well-maintained. The warehouse section features a 14-foot front with a 12-foot wide roll-up door that is 10 feet high. Upon entry, there is a reception area to the right, accompanied by a front office, a restroom, and a large back office. Specific dimensions include a 10x12 foot front office, a 7x5 foot storage room behind the restroom, a 10x14 foot back office, a 14x24 foot warehouse area, and an additional 14x14 foot room behind the main warehouse space. The property is suitable for a variety of commercial real estate purposes.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Publix Catering at Tuscawilla Bend Shopping Center, Cathy's Cajun Cuisines, Moe's Southwest Grill

    Location Insight

    • Map
    • Local Demand
    City
    Oviedo
    County
    Seminole
    State
    Florida
    Longitude
    -81.2202563
    Latitude
    28.6644791

    Nearby Similar for Lease

    • $640 /Mo
      347 SF

      Office Space in Oviedo Oasis

      Shared or subleased office space for holistic businesses.
      1750 W Broadway St, Oviedo, FL 32765
      View Details
    • New
      $1,995 /Mo
      Pending

      New Oviedo Mixed-Use Space

      Brand-new office/retail space in a vibrant, high-traffic location.
      415 Mike Roberto Way, Oviedo, FL 32765
      View Details
    • $1,995 /Mo
      613 SF

      New Oviedo Office/Retail Space

      Customizable office or retail space in a vibrant, high-traffic location.
      413 Mike Roberto Way, Oviedo, FL 32765
      View Details
    • $36,000

      Class A Office Space Oviedo

      Class A office space near Oviedo Medical Center.
      220 Alafaya Woods Blvd, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Move-in Ready Oviedo Medical Office

      Turnkey 2,929 SF medical office space for lease.
      1300 City View Ctr, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Retail Space in Oviedo, Florida

      Retail space available in a mixed-use community in Oviedo.
      945 City Plaza Way, Oviedo, FL 32765
      View Details
    • $8,400 /Mo

      Private Office in Co-working Space

      Private office sublease in a co-working space for rent.
      120 Alexandria Blvd, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Retail Space Available for Rent

      Retail space available for rent in Oviedo, Florida.
      3635 Aloma Ave, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Medical/Office Space in Oviedo, FL

      2,134 SF medical/office space with multiple rooms and features.
      3607 Aloma Ave, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Oviedo Mall Retail and Medical Space

      Retail and medical spaces available in Oviedo Mall with many amenities.
      1700 Oviedo Mall Blvd, Oviedo, FL 32765
      View Details
    • $8,400 /Mo

      Office Sublease in Oviedo

      Private office space available for sublease in Oviedo, Florida.
      120 Alexandria Blvd, Oviedo, FL 32765
      View Details
    • $34 SF/Yr
      1,319 SF

      Medical Office Space in Oviedo

      Class A medical office space near Oviedo Medical Center.
      8300 Red Bug Lake Rd, Oviedo, FL 32765
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with warehouse and office near 417 Expressway.
    Where is this flex space located?
    The property is located at 431 Aulin Ave, Unit B Oviedo, FL.
    What is the lease rate?
    The lease rate is $17,400 /Mo.
    What are key features of this property?
    This property features: - Convenient location near 417 Expressway, Oviedo Mall, hospital, businesses, and schools.; - Versatile space with 50% office and 50% warehouse.; - Functional warehouse with 14-foot front and 12-foot wide roll-up door (10 feet high).
    (407) 921-2496
    Request Owner's contact information
    431 Aulin Ave, Unit B Oviedo, FL 32765
    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.
    431 Aulin Ave, Unit B
    Oviedo, FL 32765
    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
    431 Aulin Ave, Unit B Oviedo, FL 32765
    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

    We can help!
    Listing Contact
    Carolyn Canada
    Carolyn Canada
    (407) 921-2496 (407) 365-9090 (407) 366-1333
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!