108 S Park Ave, Sanford, FL
Renovated mixed-use building in Sanford's Historic District.
- Added:
- Nov 28, 2025
- Days on Market:
- 211
- Last Refresh:
- Apr 5 at 10:31 pm
Property Features for 108 S Park Ave
General Information
- Standard status
- Active
- Size
- 5,670 SF
- Lot size
- 0.07 Acres
- Property subtype
- RETAIL
Listing office Saunders Commercial | Orlando (407) 748-8970
Listing date Nov 28, 2025
Source Moodyscre
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HighLights
- Prime downtown Sanford location in historic district retail core
- Fully renovated in 2020 with new roof, HVAC, lighting, structural and façade restoration
- Investment flexibility with value‑add upside potential from repositioning below‑market rents
- Classic brick construction (built 1901) with period architecture and curb appeal
- ±5,670 sf | 0.07 ac | two stories
- Three ground‑floor retail suites and upgraded second‑floor office space
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.7k | $29.04 |
| − Vacancy | −$5.6k | −$0.99 |
| EGI | $159.1k | $28.05 |
| − OpEx | −$47.7k | −$8.42 |
| NOI | $111.3k | $19.64 |
Alternative Uses
Current Use by Public Records
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
- -81.2682
- Latitude
- 28.8114