Add Listing
    For Sale
    • 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

    6980 Aloma Ave, Unit 32 Winter Park, FL 32792

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $250,000

    Office/retail condo in prime Winter Park location.

    Property size:
    900 SF
    Lot size:
    0.02 Acres

    Property Features for 6980 Aloma Ave

    General Information

    Standard status
    Contract
    Size
    900 SF
    Lot size
    0.02 Acres

    Building Details

    Year built
    1988

    We can help!

    Listing Contact
    Thomas Namey
    Source: Corcoran

    Listing Agency: APPLE REALTY Listing Agent: Thomas Namey

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

    Learn more

    Overview

    Winter Park Office/Retail Condo

    Located in Winter Park on Aloma Avenue, this 900-square-foot condo unit is suitable for office or retail use. The property features road frontage with signage and parking. Situated on a front corner, the site is near Park Avenue, Rollins College, shopping areas, a hospital, and upscale neighborhoods. It also provides convenient access to downtown and the airport. The layout includes a large front office and a large backroom with a private bathroom.
    Location Intelligence

    Current Use by Public Records

    EZ Learning Driving ... Training Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.294264
    Latitude
    28.60675

    Nearby Similar for Sale

    • New
      $695,500
      1,656 SF

      Winter Park Professional Office Building

      Free-standing Winter Park office building in a prime location.
      1977 Dundee Dr, Winter Park, FL 32792
      View Details
    • $725,000
      4,104 SF

      Winter Park Commercial Corner Lot

      Commercial property in Winter Park, Florida, suitable for various uses.
      3377 Forsyth Rd, Winter Park, FL 32792
      View Details
    • $2,800,000
      16,437 SF

      Winter Park Mixed-Use Opportunity

      Two buildings in Winter Park near Costco and Full Sail.
      3425 Forsyth Rd, Winter Park, FL 32792
      View Details
    • $415,000
      1,197 SF

      Income-Producing Duplex in Central Orlando

      Duplex with detached in-law apartment, ideal for rental.
      1518 Pinewood Dr, Winter Park, FL 32789
      View Details
    • $7,150,000
      12,500 SF

      Winter Park Triplex Investment Opportunity

      Luxury triplex in a fast-growing market with income potential.
      2412 Chantilly Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing

      Winter Park Free-Standing Building

      Renovated 3,006 SF building in prime Winter Park location.
      347 N Orlando Ave, Winter Park, FL 32789
      View Details
    • $695,500

      Winter Park Professional Office Building

      Free-standing office building in Winter Park's central business district.
      1977 Dundee Dr, Winter Park, FL 32792
      View Details
    • $2,500,000
      2,010 SF

      Winter Park Drive-Through Restaurant

      Drive-through restaurant property on Aloma Avenue for sale.
      2212 Aloma Ave, Winter Park, FL 32792
      View Details
    • $634,900
      2,108 SF

      Renovated Winter Park Live/Work Property

      Versatile Winter Park property suitable for live/work or commercial use.
      5150 Old Howell Branch Rd, Winter Park, FL 32792
      View Details
    • $148,900

      Turnkey Apparel Screen-Printing Business

      Established custom apparel and screen-printing business for sale.
      2830 Forsyth Rd, Winter Park, FL 32792
      View Details
    • $375,000

      Park Avenue Office Condo For Sale

      633± SF office condo with dedicated parking on Park Avenue.
      2180 North Park Ave, Winter Park, FL 32789
      View Details

    FAQs

    What type of property is this?
    Office units - Office/retail condo in prime Winter Park location.
    Where is this office units located?
    The property is located at 6980 Aloma Ave, Unit 32 Winter Park, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime Winter Park location on Aloma Avenue.; - Office/Retail condo with road frontage, sign, and parking.; - **Large front office and large backroom with private bathroom.**
    (407) 647-6766
    Request Owner's contact information
    6980 Aloma Ave, Unit 32 Winter Park, FL 32792
    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.
    6980 Aloma Ave, Unit 32
    Winter Park, FL 32792
    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
    6980 Aloma Ave, Unit 32 Winter Park, FL 32792
    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
    Thomas Namey
    (407) 647-6766
    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!