Add Listing
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

    418 Central Ave Oviedo, FL 32765-8247

    • Schools
    • 3,403 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5308365
    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

    • Sweetwater Kids Academy / High School / Daycare Center

    Property Details for 418 Central Ave

    Year built
    1947
    Construction
    CONCRETE BLOCKS
    Lot size
    1.86 lot acres
    Property size
    3,403 SF
    Property type
    Schools
    APN
    10-21-31-506-0000-0130
    APU
    10213150600000130

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,182,000
      Market price range: $503k - $1.39M
      AI Estimate
      $1,182,000
      Market price range: $503k - $1.39M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $865,000
      Current use
      AUTO REPAIR, GARAGE
      $1,570,000
      Change: +82% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $900,000
      Change: +5% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $755,000
      Change: -12% Conversion: Difficult
      OFFICE BUILDING
      $725,000
      Change: -16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Oviedo
    County
    Seminole
    State
    Florida
    Longitude
    -81.2074
    Latitude
    28.6762
    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
    $0.00
    $0.00
    $0.00
    $698,926
    -
    $347,249
    $351,677
    $698,926

    Comparable in this City

    • Value Estimation
      $4,020,000
      9,872 SF

      1500 Lukas Ln

      COLLEGE, UNIVERSITY, VOC SCHOOL • 9,872 SF
      1500 Lukas Ln, Oviedo, FL 32765-6629
      View Details
    • Value Estimation
      $1,605,000
      3,941 SF

      1620 Montessori Pt

      COLLEGE, UNIVERSITY, VOC SCHOOL • 3,941 SF
      1620 Montessori Pt, Oviedo, FL 32765
      View Details
    • Value Estimation
      $3,170,000
      11,792 SF

      315 Alafaya Woods Blvd

      COLLEGE, UNIVERSITY, VOC SCHOOL • 11,792 SF
      315 Alafaya Woods Blvd, Oviedo, FL 32765-7095
      View Details
    • Value Estimation
      $545,000
      2,046 SF

      2751 Tuskawilla Rd

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,046 SF
      2751 Tuskawilla Rd, Oviedo, FL 32765-8508
      View Details
    • Value Estimation
      $550,000
      1,353 SF

      824 Executive Dr

      COLLEGE, UNIVERSITY, VOC SCHOOL • 1,353 SF
      824 Executive Dr, Oviedo, FL 32765-7699
      View Details
    • Value Estimation
      $2,315,000
      8,553 SF

      282 State Rd 434

      COLLEGE, UNIVERSITY, VOC SCHOOL • 8,553 SF
      282 State Rd 434, Oviedo, FL 32765-8226
      View Details

    Similar Nearby for Sale

    • $575,000

      Highway 46 Commercial Land Opportunity

      Prime Oviedo, FL Retail Land - $575,000
      0000 Hwy 46, Oviedo, FL 32765
      View Details
    • Contact for pricing

      Land For Sale in Oviedo

      Land available in growing Oviedo, northeast of Orlando, Florida.
      Lockwood Blvd, Oviedo, FL 32765
      View Details
    • $554,999
      2,112 SF

      Renovated Duplex with Income Potential

      Duplex in Oviedo, Florida with renovation and income potential.
      788 Lincoln Pkwy, Oviedo, FL 32765
      View Details
    • $259,000
      Pending

      Residential Land in Prime Location

      Buildable lots near schools and amenities in Oviedo, Florida.
      Chuluota Rd, Oviedo, FL 32765
      View Details
    • $3,133,500

      Raw Land with Artesian Wells

      22 acres of raw land with artesian wells.
      Florida Ave, 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

    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
    • $18,000 /Mo

      Renovated Commercial Space in Oviedo

      Recently renovated commercial space near Oviedo Epicenter.
      379 E Broadway St, Oviedo, FL 32765
      View Details
    • $34,800

      Retail Space Available For Rent

      Retail space available for lease in Oviedo, Florida.
      334 Ctr Lk Ln, Oviedo, FL 32765
      View Details
    • Contact for pricing
      4,600 SF

      Retail/Office/Medical Space on State Road

      Up to 6,500 SF retail/office/medical space for lease.
      1063 W State Road 434, Oviedo, FL 32765
      View Details
    • Contact for pricing
      16 SF

      Oviedo Flex/Industrial Building Complex

      Small bay industrial/flex complex, convenient location near 417 in Oviedo.
      2789 Wrights Rd, Oviedo, FL 32765
      View Details
    • $27,600

      Oviedo on the Park Commercial Space

      High-traffic commercial space in Oviedo on the Park community.
      326 Ctr Lk Ln, 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.
    418 Central Ave
    Oviedo, FL 32765-8247
    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.
    Sign Up Successful!
    You now have access to more from Realmo!