2501 Sanford AveSanford, FL 32773

Property Details for 2501 Sanford Ave

Year built

1940

Construction

CONCRETE BLOCKS

Lot size

0.45 AC

Property size (Sq ft)

3,081 SF

Property type

Retail properties

APN

06-20-31-502-0100-0010

APU

6203150201000010

Description

This exceptional 3,081 square foot retail building is strategically located on Sanford Avenue, boasting over 179 feet of high-visibility road frontage. The property sits on a sizable 0.45-acre lot, providing extensive parking and storage capabilities, a significant advantage for businesses requiring ample space. Currently zoned for General Commercial use, this versatile property allows for a variety of business operations. Specifically, the zoning permits uses such as towing and recovery services, automobile sales, and automobile repair, offering significant flexibility for potential buyers. The building's substantial size and the generous lot size combine to create a compelling opportunity for entrepreneurs seeking a well-positioned commercial space. The sale price of $2,000,000 includes all existing inventory and equipment, representing a turnkey solution for a prospective business owner. This is a rare opportunity to acquire a well-established commercial property in a thriving location with significant potential for growth and profitability. The ample parking and prominent street frontage make this an ideal location for businesses seeking high visibility and convenient customer access. Don't miss this chance to own a piece of Sanford's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $770,941

  6.5%

  $711,638

  7%

  $660,807

• Comparable approach

  Method

  Valuation

  Relative Method

  $866,709

  Geo Method

  $866,709

• Alternative Use

  Use

  Valuation

  Residential

  $600,293

  Hospitality

  $549,865

  Educational

  $457,481

  Medical

  $473,215

  Retail

  $711,638

Location Insight

City

Sanford

County

Seminole

State

Florida

Latitude

28.7864

Longitude

-81.2645

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].