Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    00 Laurel Ave Sanford, FL 32771

    For Sale
    $250,000

    Commercial or multi-family redevelopment site in historic downtown Sanford.

    Lot size:
    0.27 Acres

    Property Features for 00 Laurel Ave

    General Information

    Lot size
    0.27 Acres

    Source: COLDWELL BANKER REALTY Agent Mike Palombi

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

    Overview

    Sanford Redevelopment Site Opportunity

    This is a rare commercial or multi-family redevelopment site opportunity located in the downtown historic Sanford area. The site is approximately 0.27 acres and situated on the main thoroughfare, offering frontage on 3rd Street and access via Laurel Ave. The property is not located in the historic district and is not subject to extra regulations. It is zoned SC-3 Special Commercial, which accommodates various commercial uses and allows for multi-family development. The Future Land Use designation is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units per acre. The zoning also permits two-story Live/Work buildings. Public sewer and water services are available. The site previously had three homes, which were cleared decades ago. The area is experiencing significant commercial and residential growth, with new restaurants and microbreweries opening in the west end of historic downtown Sanford.
    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
    -81.2725422
    Latitude
    28.811155

    Nearby Similar for Sale

    • $1,427,700
      6,112 SF

      Historic Sanford Multifamily Investment Opportunity

      Historic 9-unit apartment building in downtown Sanford, with income potential.
      318 S Palmetto Ave, Sanford, FL 32771
      View Details
    • $3,000,000
      7,987 SF

      Remodeled Historic Mixed-Use Building

      Remodeled historic commercial building in Downtown Sanford's vibrant First Street.
      121 E 1St St, Sanford, FL 32771
      View Details
    • New
      $875,000
      4,493 SF

      Sanford Mixed-Use Commercial Complex

      Versatile commercial complex with multiple buildings and income streams.
      2516 Sanford Ave, Sanford, FL 32773
      View Details
    • $360,000
      Pending

      Sanford Triplex with Renovation Potential

      Triplex in Sanford, Florida with two remodeled units and new roof.
      300 Hibiscus Dr, Sanford, FL 32773
      View Details
    • New
      $699,900
      1,740 SF

      Sanford Industrial Property with Storage

      2,695 SF industrial property with fenced outdoor storage.
      414 W 9Th St, Sanford, FL 32771
      View Details
    • $199,999
      1,360 SF

      Sanford Medical/Office Building For Sale

      Concrete block medical/office building in rapidly expanding Sanford, Florida.
      1204 Historic Goldsboro Blvd, Sanford, FL 32771
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial or multi-family redevelopment site in historic downtown Sanford.
    Where is this commercial land located?
    The property is located at 00 Laurel Ave Sanford, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime redevelopment site in downtown Sanford with high-growth potential.; - SC-3 zoning allows for diverse commercial uses and multi-family development.; - WDBD Future Land Use permits high-density development (up to 50 units/acre) with reduced setbacks and parking.
    (407) 754-6230
    Request Owner's contact information
    00 Laurel Ave Sanford, FL 32771
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Laurel Ave
    Sanford, FL 32771
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    00 Laurel Ave Sanford, FL 32771
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.