1800 French AveSanford, FL 32771

  • Retail properties
  • 1,548 SF
For Sale
$2,000,000 View listing

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
1800 French Ave, Sanford, Florida

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

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
$4,660
-
-
$262,402
-
$167,683
$94,719
$262,402

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