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    108 S Park Ave Sanford, FL 32771

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    For Sale
    $2,000,000

    Renovated mixed-use building in Sanford's Historic District.

    Property size:
    5,670 SF
    Lot size:
    0.07 Acres

    Property Features for 108 S Park Ave

    General Information

    Size
    5,670 SF
    Lot size
    0.07 Acres

    Source: Saunders Commercial | Orlando Agent Rafael Mendez

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

    Overview

    Downtown Sanford Historic Brick Building

    Located in Downtown Sanford, this two-story brick building is situated on S Park Avenue within the Historic District's retail core. Constructed in 1901, the property offers approximately 5,670 square feet of space on a 0.07-acre lot. The building features three ground-floor retail suites and upgraded second-floor office space. Renovated in 2020, capital improvements include a new roof, HVAC system, lighting, and structural and façade restoration. The property combines period architecture with modern functionality and curb appeal. This property is ideal for investors looking to reposition leases at below-market rents for value-add upside.
    Insight Report Location Intelligence

    Current Use by Public Records

    Florida Commercial Properties Real Estate Agency Raw Press Juice ... Juice Shop The Collective Sanford Coffee Shop

    Suggested Use

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

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

    Similar Places Nearby

    The Happy Florist

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2682098
    Latitude
    28.811356

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    FAQs

    What type of property is this?
    Storefront property - Renovated mixed-use building in Sanford's Historic District.
    Where is this storefront property located?
    The property is located at 108 S Park Ave Sanford, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - 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
    (407) 748-8970
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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
    108 S Park Ave Sanford, FL 32771
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