1800 French AveSanford, FL 32771
- Retail properties
- 1,548 SF
Property Details for 1800 French Ave
- Year built
- 1958
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.47 AC
- Property size (Sq ft)
- 1,548 SF
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- 36-19-30-521-0000-0400
- APU
- 36193052100000400
Description
This exceptional retail property, located at 1800 S French Avenue in Sanford, Florida, presents a lucrative investment opportunity. The 1,548 square foot building sits on a sizable 0.47-acre lot, offering ample space and visibility. Currently operating as a high-performing gas station, this location boasts exceptional traffic flow due to its proximity to Sanford High School, ensuring consistent customer volume. Financial highlights include a strong cap rate of 8%, a monthly rent of $4,000 (NNN), and a business goodwill valuation of $50,000. The property features easy ingress and egress, adding to its operational efficiency. The building itself is heated and offers approximately 1,548 square feet of usable space. This is a rare opportunity to acquire a well-established, high-performing retail asset in a prime Sanford location. The sale includes only the real estate
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $387,347
- 6.5%
- $357,551
- 7%
- $332,012
-
Comparable approach
- Method
- Valuation
- Relative Method
- $435,464
- Geo Method
- $435,464
-
Alternative Use
- Use
- Valuation
- Residential
- $301,608
- Hospitality
- $276,271
- Educational
- $229,854
- Medical
- $237,759
- Retail
- $357,551
Location Insight
- City
- Sanford
- County
- Seminole
- State
- Florida
- Latitude
- 28.7955
- Longitude
- -81.2734
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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