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    83 Towne Center Blvd Sanford, FL 32771

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    For Sale
    $3,610,000

    NNN leased TD Bank in Sanford, FL for sale.

    Property size:
    2,486 SF
    Lot size:
    1.93 Acres

    Property Features for 83 Towne Center Blvd

    General Information

    Size
    2,486 SF
    Lot size
    1.93 Acres

    Source: Colliers | Tampa Agent Mike Milano

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

    Overview

    TD Bank NNN Ground Lease

    The property is a single-tenant, absolute NNN leased TD Bank located in Sanford, FL. The 2,486 square foot building is situated on a 1.038-acre parcel. The ground lease has over 9.5 years remaining in the primary term, with three 5-year option periods and 10% rent increases every 5 years. The property is located on the hard corner signalized intersection of W Florida 46 and Towne Center Blvd, in the main retail corridor of Sanford. The location is near the 1.13 million square foot Seminole Towne Center and the 318,000 square foot Marketplace at Seminole. Nearby retailers include Walmart Supercenter, Target, Dick’s, Floor & Decor, KFC, and Texas Roadhouse. The property is a new 2024 prototype with a double drive-thru.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.3337391
    Latitude
    28.8093039

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    FAQs

    What type of property is this?
    Bank - NNN leased TD Bank in Sanford, FL for sale.
    Where is this bank located?
    The property is located at 83 Towne Center Blvd Sanford, FL.
    What is the asking price?
    The asking price for this property is $3,610,000.
    What are key features of this property?
    This property features: - Absolute NNN Ground Lease offering zero landlord responsibilities - perfect for passive income.; - Investment grade credit rating of Aa1 (Moody’s) from TD Bank (NYSE: TD).; - Strategic location on a hard corner signalized intersection with high traffic volume (33,800 VPD).
    (727) 421-4377
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    83 Towne Center Blvd Sanford, FL 32771
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    83 Towne Center Blvd Sanford, FL 32771
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