Downtown Live-Work Office
For Sale
$740,000
52 Clark Street, Oviedo, FL 32765
Flexible downtown building with multiple private entrances, office and living areas, and on-site parking potential.
Property Size3,429 SF
Price / SF$215.81
Days on Market76
Property Features for 52 Clark Street
General Information
Standard status
Active
Size
3,429 SF
Property subtype
Mixed Use
Zoning
DN
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,034
Amenities
Central Air
3
Corner Lot.
Corner.
Building Details
Year Built
1960
Stories
1
Listing Agency:
CALL IT CLOSED INTL REALTY
(407) 338-3339
Listed By:
Amy Phillips · License #3425973
(407) 792-8212
Source:
Xome
Added: Jun 23
Changed: Sep 2
Last Checked: Sep 6 at 4:56AM
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 CALL IT CLOSED INTL REALTY
Investment Insights
Based on property information with market context.
This downtown live-work and office property includes an existing 4,000± square foot building configured for professional use and flexible occupancy. The layout features multiple private entrances, numerous offices or workspaces, and several full bathrooms. It also includes multiple self-contained living areas, such as a detached studio suite and an additional private wing with separate entrances, supporting a range of office configurations and multi-suite setups.
Zoned DN (Downtown Neighborhood), the property is located in Historic Downtown Oviedo within a mixed-use district where a variety of professional office, retail, restaurant, medical, service, and live/work uses are permitted under the City of Oviedo Land Development Code. Buyers should verify intended use with the City of Oviedo.
The building is designed to accommodate single-tenant occupancy or multiple business suites, with flexible floor plans and abundant parking potential described for the site.
Zoned DN (Downtown Neighborhood), the property is located in Historic Downtown Oviedo within a mixed-use district where a variety of professional office, retail, restaurant, medical, service, and live/work uses are permitted under the City of Oviedo Land Development Code. Buyers should verify intended use with the City of Oviedo.
The building is designed to accommodate single-tenant occupancy or multiple business suites, with flexible floor plans and abundant parking potential described for the site.
Key Highlights
- 1960‑built 4,000+ SF downtown Oviedo commercial building in the DN (Downtown Neighborhood) zone.
- Flexible layout with multiple private entrances and numerous offices/workspaces for single‑tenant or multiple‑suite use.
- Includes multiple self‑contained living areas, including a detached studio suite and an additional private wing with separate entrances.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,229
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,024,580
$1.0M
Cap Rate 7%
$731,843
$731.8K
Cap Rate 9%
$569,211
$569.2K
Market Conditions
NOI Build-Up for 3,429 SF
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.
Gross rent
$82.3K $24.00/SF
− Vacancy
−$14.0K −$4.08/SF
EGI
$68.3K $19.92/SF
− OpEx
−$17.1K −$4.98/SF
NOI
$51.2K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,024,580
Cap Rate 7%
$731,843
Cap Rate 9%
$569,211
Alternative Uses
Best Use
Office B
$731.8K
$640.4K – $853.8K
NOI $51,229 @ 7.0% cap · market cap 6.92%
Second Best
Healthcare Medical
$698.3K
$611.1K – $814.7K
NOI $48,884 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$975.8K
$853.8K – $1.14M
NOI $68,306 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Explore this area
Business Placement
Demographics for 32765, FL
65,228
Population
23,389
Households
2.8
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
39.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$99,161
Median Household Income
$48,595
Median Earnings
$1,870
Median Rent
$418,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Flexible downtown building with multiple private entrances, office and living areas, and on-site parking potential.
Where is this live-work space located?
The property is located at 52 Clark Street Oviedo, FL.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: 1960‑built 4,000+ SF downtown Oviedo commercial building in the DN (Downtown Neighborhood) zone.; Flexible layout with multiple private entrances and numerous offices/workspaces for single‑tenant or multiple‑suite use.; Includes multiple self‑contained living areas, including a detached studio suite and an additional private wing with separate entrances.
