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Property profile & analytics
FOR SALE
Community centers

2475 S Park Ave Sanford, FL 32771

14,616 SF 0.82 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-4878809
Property summary
AI-generated overview

This exceptional retail property, located at 2475 S PARK AVE in Sanford, Florida, presents a compelling investment opportunity. The 14,616 square foot building sits on a 0.34-acre lot and is offered for both sale at $2,300,000 and lease. The property features seven individual retail spaces, providing flexibility for a diverse range of businesses. Currently, three of these units are vacant and immediately available for lease, presenting a unique chance for prospective tenants to establish their presence in a thriving commercial area. The building's significant advantage lies in its ample parking provision. With 48 dedicated parking spaces, customers and tenants alike will enjoy convenient and stress-free access. This ensures a positive shopping and working experience, attracting both businesses and clientele. The property's prime location in Sanford, Florida, offers excellent visibility and accessibility, making it an ideal investment for those seeking a strong return on investment in a bustling retail environment. The combination of vacant units ready for immediate occupancy, ample parking, and a desirable location makes this a truly exceptional opportunity in the Sanford commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1954
Construction CONCRETE BLOCKS
Total area 14,616 SF
Lot 0.82 ac (35,728 SF)
APN 36-19-30-540-0000-0150
UPID US18-4878809
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • LUX Nail Bar Nail Salon
  • Budget Equipment Rental Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$1.78M
Owner & transaction history
Finest Class Builders LLC · 4 yrs held
Finest Class Builders LLC
since 2022
Last sale
$1.6M
7 recorded transactions
2022
$1.6M
2014
$750,000
2012
$600,000
2007
$1.3M
2005
$830,000
1998
$680,000
1993
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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