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Sanford Retail Opportunity

1006 S HISTORIC GOLDSBORO, Sanford, FL 32771

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For Sale

$179,900

Retail property in historic Sanford district, close to Orlando airport.

Type:Commercial

Property size:

720 SF

Lot size:

0.29 Acres

Price / SF:

$249/SF

HighLights

High‑traffic location ideal for a new business.
Close proximity to Orlando/Sanford Airport and Historic Downtown Sanford.
Large, level lot (92 X 140, 12,880 sq ft, 0.2957 acres).
City water and sewer connections.
GC‑2 zoning in the City of Sanford.
Close proximity to Monroe Lake and Crooms Academy.

We can help!

Contact an agent

JEANIE JOHNSON

For Sale

$179,900

Retail property in historic Sanford district, close to Orlando airport.

Type:Commercial

Property size:

720 SF

Lot size:

0.29 Acres

Price / SF:

$249/SF

Added:: Dec 21, 2024
Days on Market:: 555
Last Refresh:: May 11 at 1:43 am

Property Features for 1006 S HISTORIC GOLDSBORO

General Information

Standard status: Active
Size: 720 SF
Lot size: 0.29 Acres
Property subtype: Commercial

Building Details

Year Built: 1954

We can help!

Contact an agent

JEANIE JOHNSON

Listing office COLDWELL BANKER REALTY

Listing date Dec 21, 2024

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

HighLights

High‑traffic location ideal for a new business.
Close proximity to Orlando/Sanford Airport and Historic Downtown Sanford.
Large, level lot (92 X 140, 12,880 sq ft, 0.2957 acres).
City water and sewer connections.
GC‑2 zoning in the City of Sanford.
Close proximity to Monroe Lake and Crooms Academy.

Overview

Located in the City of Sanford, this property features an 864-square-foot, one-story block building. The level lot measures 92 x 140, totaling 12,880 square feet or 0.2957 acres. The building is connected to city water and sewer services. Situated in the historic downtown district and near Monroe Lake, the property benefits from a heavily trafficked road, making it suitable for business. It is also located very close to Crooms Academy and near the Orlando/Sanford airport. The building, currently occupied but can be vacated at any time, has been gutted to the studs and lacks heating and air conditioning.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$20.9k	$29.04
− Vacancy	−$711	−$0.99
EGI	$20.2k	$28.05
− OpEx	−$6.1k	−$8.42
NOI	$14.1k	$19.64

720 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$202.0K

$176.7K – $235.7K (±1% cap)

NOI $14,139 @ 7.0% cap · market cap 7.86%

Second Best

—

no second resolved use

Theoretical Best

Office A

$204.9K

$179.3K – $239.0K (±1% cap)

NOI $14,342 @ 7.0% cap · market cap 7.97%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Similar Places Nearby

The Happy Florist — 1015 W 1st St, Sanford, FL 32771

Location Insight

Map
Local Demand

City: Sanford
County: Seminole
State: Florida
Longitude: -81.279
Latitude: 28.8009

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For sale
Storefront properties
FL
Sanford
32771
1006 S HISTORIC GOLDSBORO

What type of property is this?

Storefront property - Retail property in historic Sanford district, close to Orlando airport.

Where is this storefront property located?

The property is located at 1006 S HISTORIC GOLDSBORO Sanford, FL.

What is the asking price?

The asking price for this property is $179,900.

What are key features of this property?

This property features: High‑traffic location ideal for a new business.; Close proximity to Orlando/Sanford Airport and Historic Downtown Sanford.; Large, level lot (92 X 140, 12,880 sq ft, 0.2957 acres).