Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    1693 Broadway St Ste, Unit 1000 Oviedo, FL 32765-6697

    • Community centers
    • 3,558 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimations
    $560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1821395
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community centers

    Property Details for 1693 Broadway St Ste

    Year built
    2001
    Construction
    CONCRETE BLOCKS
    Lot size
    0.30 lot acres
    Property size
    3,558 SF
    Property type
    Community centers
    APN
    16-21-31-502-0B00-0220
    APU
    1621315020B000220

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $561,000
      Market price range: $532k - $1.31M
      AI Estimate
      $561,000
      Market price range: $532k - $1.31M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $790,000
      Current use
      OFFICE BUILDING
      $755,000
      Change: -4% Conversion: Moderate
      RETAIL STORES
      $675,000
      Change: -14% Conversion: Easy
      WAREHOUSE, STORAGE
      $650,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oviedo
    County
    Seminole
    State
    Florida
    Longitude
    -81.2248
    Latitude
    28.6599
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,241
    $0.00
    $0.00
    $386,704
    -
    $132,602
    $254,102
    $386,704

    Comparable in this City

    • Value Estimation
      $17,410,000
      65,516 SF

      2871 Clayton Xing Way

      MINI-MALL • 65,516 SF
      2871 Clayton Xing Way, Oviedo, FL 32765-3426
      View Details
    • Value Estimation
      $1,010,000
      2,736 SF

      1016 Lockwood Blvd

      MINI-MALL • 2,736 SF
      1016 Lockwood Blvd, Oviedo, FL 32765-6306
      View Details
    • Value Estimation
      $7,470,000
      21,476 SF

      1954 State Rd 426

      MINI-MALL • 21,476 SF
      1954 State Rd 426, Oviedo, FL 32765-8891
      View Details
    • Value Estimation
      $2,360,000
      6,400 SF

      466 Mike Roberto Way

      MINI-MALL • 6,400 SF
      466 Mike Roberto Way, Oviedo, FL 32765-4746
      View Details
    • Value Estimation
      $1,380,000
      9,217 SF

      950 Central Ave

      MINI-MALL • 9,217 SF
      950 Central Ave, Oviedo, FL 32765-7410
      View Details
    • Value Estimation
      $620,000
      4,141 SF

      119 Central Ave

      MINI-MALL • 4,141 SF
      119 Central Ave, Oviedo, FL 32765-8216
      View Details

    Similar Nearby for Sale

    • $325,000

      High-Traffic Retail Strip For Sale

      Prime retail strip with high traffic and great exposure.
      Oviedo, FL 32765
      View Details
    • $2,000,000
      2,795 SF

      Oviedo Retail Center - Prime Location

      Gas Station & Convenience Store - High Traffic Area
      1045 Broadway St, Oviedo, FL 32765
      View Details
    • $2,000,000
      2,795 SF

      Oviedo Convenience Store & Gas

      Established gas station and convenience store in Oviedo, Florida.
      1045 Broadway St, Oviedo, FL 32765
      View Details
    • $300,000

      Established Latin Restaurant in Oviedo

      Turnkey Latin restaurant with loyal clientele in prime Oviedo location.
      000 W State Road 426, Oviedo, FL 32765
      View Details
    • $575,000

      Highway 46 Commercial Land Opportunity

      Prime Oviedo, FL Retail Land - $575,000
      0000 Hwy 46, Oviedo, FL 32765
      View Details
    • $950,000
      5,000 SF

      Oviedo Restaurant - Prime Location

      Upscale Restaurant, High-Demand Area
      876 City Walk Ln, Oviedo, FL 32765
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      2,000 SF

      Oviedo Publix Endcap Retail Space

      Prime 2,000 SF Publix-anchored retail space.
      329 County Road 419, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Retail Space on Aloma Avenue

      Retail spaces available in Oviedo, Florida with monument signage.
      426 Aloma Ave, Oviedo, FL 32765
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Aloma Avenue

      Retail spaces available with monument signage on Aloma Ave.
      5414 Deep Lake Rd, Oviedo, FL 32765
      View Details
    • Contact for pricing
      1,850 SF

      Retail Space on Aloma Avenue

      Retail spaces available with monument signage on Aloma Ave.
      3607 Aloma Ave, Oviedo, FL 32765
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Oviedo Power Center

      10,000 SF retail space for lease in Oviedo, Florida.
      1115 Vidina Pl, Oviedo, FL 32765
      View Details
    • Contact for pricing
      586,237 SF

      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
    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.
    1693 Broadway St Ste, Unit 1000
    Oviedo, FL 32765-6697
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.