Retail Property on Aloma
3645 Aloma Ave Oviedo, FL
For Sale
Contact for pricing
4,143+ SF retail property on 1.13+ AC for sale.
Property Size4,143 SF
Lot Size1.17 Acres
Price / SF$446.54
Days on Market925
Property Features for 3645 Aloma Ave
General Information
- Standard status
- Active
- Size
- 4,143 SF
- Lot size
- 1.17 Acres
- Property subtype
- RETAIL
Listing Agency:
CBRE | Orlando
(407) 404-5024
Listed By:
James Mitchell
(407) 404-5024
Source:
Moodyscre
Added: Jan 11, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:45AM
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 CBRE | Orlando
Investment Insights
Based on property information with market context.
This retail property offers 4,143+ square feet of space on a 1.13+ acre lot. The site is located on the signalized hard corner of Aloma Avenue and Tuskawilla Road, providing excellent visibility with 180.2 feet of frontage along Aloma Avenue. It is situated 0.40 miles west of Florida State Road 417.
Key Highlights
- Located on the signalized hard corner of Aloma Ave and Tuskawilla Rd
- Excellent visibility along Aloma Ave with 180.2’ of frontage
- Available: 4,143+ SF | 1.13+ AC
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.3k | $29.04 |
| − Vacancy | −$4.1k | −$0.99 |
| EGI | $116.2k | $28.05 |
| − OpEx | −$34.9k | −$8.42 |
| NOI | $81.4k | $19.64 |
4,143 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.36M
NOI $81,355 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,529 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fifth Third Bank ...
Bank
FAQs
What type of property is this?
Storefront property - 4,143+ SF retail property on 1.13+ AC for sale.
Where is this storefront property located?
The property is located at 3645 Aloma Ave Oviedo, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Located on the signalized hard corner of Aloma Ave and Tuskawilla Rd; Excellent visibility along Aloma Ave with 180.2’ of frontage; Available: 4,143+ SF | 1.13+ AC
