Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Winter Garden Title is generated by Realmo AI

    1620 Avalon Rd, Winter Garden, FL

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space available in densely populated Winter Garden area.

    Type:RETAIL
    Property size:
    1,856 SF
    Lot size:
    1.66 Acres
    Added:
    May 15, 2024
    Days on Market:
    752
    Last Refresh:
    May 20 at 9:03 pm

    Property Features for 1620 Avalon Rd

    General Information

    Standard status
    Active
    Size
    1,856 SF
    Lot size
    1.66 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1620 Avalon Rd Contact us

    We can help!

    Listing Contact
    Andrew Dieringer
    Andrew Dieringer

    Listing agent Andrew Dieringer

    Listing office Southern Management and Development, L.P.

    Listing date May 15, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Southern Management and Development, L.P.

    HighLights

    • High median household income area
    • Gross Leasable Area: 51,736 Sq. Ft.
    • Densely populated residential area

    Overview

    This retail space is located in a densely populated residential area with a high median household income in Winter Garden, Florida. The gross leasable area of the property is 51,736 square feet, while the available space measures 1,856 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Adele M. Stallard, ... Dental Office AT&T Store Telecommunications Service Great Clips Hair Salon Dental Care at Avamar ... Dental Office Josaida Contreras, DDS Dental Office

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Garden
    County
    Orange
    State
    Florida
    Longitude
    -81.6207
    Latitude
    28.5174

    Nearby Similar for Lease

    • $155,100 SF/Yr
      10,340 SF

      Winter Garden Warehouse Space Available

      New 10,340 SF warehouse in Winter Garden, Florida.
      776 BUSINESS PARK BOULEVARD, WINTER GARDEN, FL 34787
      View Details
    • $34,800 SF/Yr
      1,204 SF

      Winter Garden Commercial Office Space

      Prime commercial office space for lease in Winter Garden, FL.
      595 9TH STREET, WINTER GARDEN, FL 34787
      View Details
    • $12,000/Mo
      1,204 SF

      Salon/Barber Ready-to-Use Space

      Equipped salon/barber space in high-traffic Winter Garden location.
      595 9TH STREET 116, WINTER GARDEN, FL 34787
      View Details
    • Sponsored
      Contact for pricing

      FL, Winter Garden - Plant St

      504 Plant St, Unit 101, Winter Garden, FL 34787
      View Details
    • $42,000 SF/Yr
      1,204 SF

      Winter Garden Commercial Space Available

      Prime commercial space in Winter Garden with vehicle parking.
      595 9TH STREET 115, WINTER GARDEN, FL 34787
      View Details
    • $36 SF/Yr
      2,350 SF

      Medical Office Space For Lease

      New construction medical office space in Winter Garden, Florida.
      14237 W Colonial Dr, Winter Garden, FL 34787
      View Details
    • $3 SF/Yr
      1,575 SF

      New Retail Spaces in Winter Garden

      Modern shell spaces in revitalizing West Orange County location.
      215 CENTER St 225/227, Winter Garden, FL 34787
      View Details
    • $15 SF/Yr
      10,340 SF

      New Winter Garden Warehouse Space

      Newly constructed warehouse space in a desirable Winter Garden location.
      776 BUSINESS PARK BOULEVARD, WINTER GARDEN, FL 34787
      View Details
    • $15 SF/Yr
      24,145 SF

      Showroom and Warehouse Flex Facility

      I-1 zoned showroom/warehouse with strong dock-to-floor capabilities and fully sprinklered warehouse space.
      12800 West Colonial Drive, Winter Garden, FL 34787
      View Details
    • $5,450/Mo
      2,600 SF

      Renovated Industrial Style Commercial Space

      Newly renovated commercial space with warehouse and fenced yard.
      13066 W. Colonial Drive, Winter Garden, FL 34787
      View Details
    • $784/Mo

      Versatile Two-Story Commercial Space

      Two-story commercial space with open areas and private offices.
      336 E PLANT St, Winter Garden, FL 34787
      View Details
    • $28 SF/Yr
      13,000 SF

      Professional/Medical Office Space Available

      Multi-tenant building with professional and medical office space for rent.
      1002 Dillard Street, Winter Garden, FL 34787
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in densely populated Winter Garden area.
    Where is this retail space located?
    The property is located at 1620 Avalon Rd Winter Garden, FL.
    What are key features of this property?
    This property features: High median household income area; Gross Leasable Area: 51,736 Sq. Ft.; Densely populated residential area
    (305) 987-3302 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Andrew Dieringer
    Andrew Dieringer
    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.
    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

    Thank You for Inquiry
    1620 Avalon Rd, Winter Garden, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!