Sanford Retail
For Sale
$179,900
1006 S Historic Goldsboro, Sanford, FL 32771
Retail property in historic Sanford district, close to Orlando airport.
Property Size720 SF
Lot Size0.30 Acres
Price / SF$249.86
Days on Market238
Property Features for 1006 S Historic Goldsboro
General Information
Standard status
Active
Size
720 SF
Lot size
0.30 Acres
Building Details
Year Built
1954
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Jeanie Johnson · License #3335019
(407) 259-8489
Source:
Livewelltampabay
Added: Mar 10
Changed: Oct 26
Last Checked: Oct 7 at 5:41PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key 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).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,139
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,780
$282.8K
Cap Rate 7%
$201,986
$202.0K
Cap Rate 9%
$157,100
$157.1K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$20.9K $29.04/SF
− Vacancy
−$711 −$0.99/SF
EGI
$20.2K $28.05/SF
− OpEx
−$6.1K −$8.42/SF
NOI
$14.1K $19.64/SF
Area
Seminole County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,780
Cap Rate 7%
$201,986
Cap Rate 9%
$157,100
Alternative Uses
Best Use
Retail
$202.0K
$176.7K – $235.7K
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
NOI $14,342 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32771, FL
57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Happy Florist — 1015 W 1st St, Sanford, FL 32771
Frequently Asked Questions
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).
