601 27Th StSanford, FL 32773

Property Details for 601 27Th St

Year built

1999

Construction

CONCRETE BLOCKS

Lot size

2.11 AC

Property size (Sq ft)

1,488 SF

Property type

Retail properties

APN

01-20-30-512-0000-0010

APU

1203051200000010

Description

This exceptional investment opportunity encompasses a 30,654 square foot multi-tenant, multi-building retail property situated on a generous 2.26-acre lot in the thriving downtown Sanford, Florida area. The property boasts a desirable mix of long-term tenants, including retail businesses, warehouses, and mini-storage units, maximizing the utilization of the land. The strategic location, just one block from the heavily trafficked 17-92 highway, provides excellent visibility and accessibility. Furthermore, its proximity to the Greeneway (417), Sanford International Airport, and the historic downtown Sanford district ensures high traffic volume and strong potential for future growth. The property is zoned CG-2 by the City of Sanford, offering a wide array of permitted commercial uses, providing flexibility for future development or tenant diversification. The asking price is $4,880,000, and seller financing may be available, making this an attractive proposition for investors seeking a strong return on investment in a rapidly developing market. This portfolio presents a rare chance to acquire a well-established, income-producing property with significant upside potential in a prime location. The existing tenant base provides immediate cash flow, while the flexible zoning and strategic location offer considerable long-term growth opportunities. Detailed financial information and tenant occupancy details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $372,334

  6.5%

  $343,693

  7%

  $319,143

• Comparable approach

  Method

  Valuation

  Relative Method

  $418,586

  Geo Method

  $418,586

• Alternative Use

  Use

  Valuation

  Residential

  $289,918

  Hospitality

  $265,563

  Educational

  $220,945

  Medical

  $228,544

  Retail

  $343,693

Location Insight

City

Sanford

County

Seminole

State

Florida

Latitude

28.7778

Longitude

-81.2734

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].