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    & SR 46 Orange Blvd Sanford, FL 32771

    For Sale
    $4,950,000

    7.47± acre development site with frontage on SR 46.

    Property size:
    7 SF
    Lot size:
    7.47 Acres

    Property Features for & SR 46 Orange Blvd

    General Information

    Size
    7 SF
    Lot size
    7.47 Acres

    Source: Blake Hattaway, MiCP Agent Blake Hattaway, MiCP

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

    Overview

    7.47 Acre Development Site

    This 7.47± acre development site, previously zoned C-1 for commercial usage and available for rezoning, is approved for a 55+ community development with 130 units at 18.1 density. The site was previously HUD-financed at 5.3% for full market-rate units without income restrictions. It is located at the northeast corner of West SR 46 and Orange Blvd, offering 520 feet of frontage on SR 46 with an Average Annual Daily Traffic (AADT) count of 27,000. The location provides quick access to SR 417 (GreeneWay), SR 429 (Wekiva Pkwy), I-4, and US Hwy 17-92. The site plan has expired but is currently being re-filed with Seminole County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.3632042
    Latitude
    28.8024245

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    FAQs

    What type of property is this?
    Land - 7.47± acre development site with frontage on SR 46.
    Where is this land located?
    The property is located at & SR 46 Orange Blvd Sanford, FL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Approved for 130 units / 18.1 density in a prime 55+ community.; - HUD-financed at 5.3% - full market-rate units (no income restrictions).; - Great location at the NEC of West SR 46 and Orange Blvd.
    (407) 616-0382
    Request Owner's contact information
    & SR 46 Orange Blvd Sanford, FL 32771
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    & SR 46 Orange Blvd Sanford, FL 32771
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