2935 Orlando DrSanford, FL 32773

Property Details for 2935 Orlando Dr

Year built

1984

Construction

CONCRETE BLOCKS

Lot size

1.36 AC

Property size (Sq ft)

7,324 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

01-20-30-512-0000-0340

APU

1203051200000340

Description

This exceptional 1.54-acre parcel in Sanford, Florida, offers a prime location for a restaurant or QSR establishment. Boasting 7,414 square feet of space, the property enjoys exceptional visibility and direct access to major thoroughfares, including S Orlando Dr (38,564+ vehicles per day), Lake Mary Blvd (41,808+ VPD), and S Florida 417 (57,878+ VPD). Its proximity to Orlando Sanford International Airport (SFB), which served 2.9 million passengers in 2023, further enhances its appeal. The site benefits from its location adjacent to a new 230-acre mixed-use community encompassing approximately 580 single-family lots, 182 townhome units, and a brand-new Comfort Inn hotel with 110 beds. This thriving area features a significant retail presence, including over 3.5 million square feet of retail inventory within a 3-mile radius, with Seminole Centre and Lake Mary Corners attracting approximately 3.6 million and 1.8 million visitors annually, respectively. A dense residential population and a robust school district, encompassing 4,446 apartment units, 78 K-12 schools, and 66,729 students, provide a substantial customer base. Seminole State College of Florida, with approximately 24,834 students, is also nearby. This property presents a unique opportunity to capitalize on a high-traffic location within a rapidly growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,832,643

  6.5%

  $1,691,670

  7%

  $1,570,836

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,060,297

  Geo Method

  $2,060,297

• Alternative Use

  Use

  Valuation

  Residential

  $1,426,987

  Hospitality

  $1,307,112

  Educational

  $1,087,502

  Medical

  $1,124,903

  Retail

  $1,691,670

Location Insight

City

Sanford

County

Seminole

State

Florida

Latitude

28.7701

Longitude

-81.2796

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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