Warehouse Property With Industrial
New
For Sale
$6,950,000
1101 ALBRIGHT Road, Sanford, FL 32771
Commercial Sale, SANFORD, FL
Property Size13,675 SF
Lot Size5.09 Acres
Price / SF$508.23
Days on Market1
Property Features for 1101 ALBRIGHT Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MI2
Subdivision
A F G VEGETABLE TR
Directions
Turn right onto S Sanford Ave 0.1 mi Turn left onto E 13th St 1.5 mi Turn right onto S Persimmon Ave 0.2 mi Turn left onto McCracken Rd 0.6 mi Turn left Destination will be on the left
Standard status
Active
APN
27-19-30-503-0A00-0000
Size
13,675 SF
Lot size
5.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK A (LESS RD + RY) A F G VEGETABLE TRACT PB 7 PG 14
Tax Annual Amount
29570
Legal Description
BLK A (LESS RD + RY) A F G VEGETABLE TRACT PB 7 PG 14
Building Details
Year built
1985
Floors in Building
1
Building materials
Metal Frame
Listing Agency:
SLOANE REALTY, LLC
(407) 829-2418
Listed By:
Matt White · License #3106449
(407) 758-3166
Added: Aug 28
Last Checked: Aug 28 at 6:06PM
MLS# O6437446
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property comprises approximately 5.09 acres with about 13,675 square feet of improvements across multiple metal-frame warehouse and industrial buildings. Office and sales areas are included, and the improvements date to 1985. The site is zoned MI-2 Medium Industrial and carries current Salvage (SD) and Dealer (DI) licenses.
Access connects the property with SR 46, SR 417, I-4, and US 17-92. Sanford Amtrak station is approximately 1.1 miles away, while Orlando Sanford International Airport is approximately 5 miles from the property. The site has an established history as an automotive salvage and used-parts operation.
Access connects the property with SR 46, SR 417, I-4, and US 17-92. Sanford Amtrak station is approximately 1.1 miles away, while Orlando Sanford International Airport is approximately 5 miles from the property. The site has an established history as an automotive salvage and used-parts operation.
Key Highlights
- Approximately 5.09 acres of industrial land
- Approximately 13,675+ SF across multiple warehouse and industrial improvements
- MI‑2 Medium Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$268,534
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,370,680
$5.4M
Cap Rate 7%
$3,836,200
$3.8M
Cap Rate 9%
$2,983,711
$3.0M
Market Conditions
NOI Build-Up for 13,675 SF
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.
Gross rent
$397.1K $29.04/SF
− Vacancy
−$13.5K −$0.99/SF
EGI
$383.6K $28.05/SF
− OpEx
−$115.1K −$8.42/SF
NOI
$268.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,370,680
Cap Rate 7%
$3,836,200
Cap Rate 9%
$2,983,711
Alternative Uses
Best Use
Retail
$3.84M
$3.36M – $4.48M
NOI $268,534 @ 7.0% cap · market cap 3.86%
Second Best
Warehouse
$1.33M
$1.16M – $1.55M
NOI $92,762 @ 7.0% cap · market cap 1.33%
Theoretical Best
Office A
$3.89M
$3.41M – $4.54M
NOI $272,406 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Well-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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Metal-frame warehouse improvements on an industrially zoned site with office space and access to major Central Florida routes.
Where is this warehouse located?
The property is located at 1101 ALBRIGHT Road Sanford, FL.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Approximately 5.09 acres of industrial land; Approximately 13,675+ SF across multiple warehouse and industrial improvements; MI‑2 Medium Industrial zoning
