Sanford Plaza Retail Investment
For Sale
$749,000
2921 S ORLANDO DRIVE #178, Sanford, FL 32773
Leased retail unit in Sanford Plaza until 12/31/2026.
Property Size5,100 SF
Lot Size0.11 Acres
Price / SF$146.86
Days on Market1217
Property Features for 2921 S ORLANDO DRIVE #178
General Information
Standard status
Active
Size
5,100 SF
Lot size
0.11 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,620
Amenities
Central air
Pool
Public Pool
Central Air Cooling
Building Details
Year Built
1965
Listing Agency:
SUNA REALTY LLC
(321) 262-6676
Listed By:
SESHAGIRI PARUPALLI · License #BK3289107
Source:
Corcoran
Added: May 1, 2023
Changed: Aug 22
Last Checked: Aug 22 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUNA REALTY LLC
Investment Insights
Based on property information with market context.
Located in Sanford Plaza, this retail unit, also referred to as #178/180, is available for sale. The property is leased until December 31, 2026. Sanford Plaza is centrally located and anchored by Bravo Foods. The entire plaza encompasses approximately 155,000 square feet and is situated on a 14 +/- acre lot. The location offers good traffic and visibility to the Greenway (417). The roof is primarily foam covered with small river rock, providing protection from UV rays and a significant amount of insulation, complemented by high ceilings. A new fire sprinkler system has been installed. New AC units are in place. The current tenant invested approximately $50,000 in upgrades and renovations. The owner also invested approximately $50,000 in upgrades, including a new fire sprinkler system and a new fire alarm system. The property size is 5,100 square feet.
Key Highlights
- Great location with high visibility to the Greenway (417) in centrally located Sanford Plaza
- Leased until 12/31/2026, providing immediate rental income
- New AC units and fire sprinkler system installed
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32773, FL
33,990
Population
13,402
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
1,232
Density / Sq Mi
$63,496
Median Household Income
$40,479
Median Earnings
$1,482
Median Rent
$259,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Pinecrest Shopping Center — S Orlando Dr, Sanford, FL 32773
Frequently Asked Questions
What type of property is this?
Shopping center - Leased retail unit in Sanford Plaza until 12/31/2026.
Where is this shopping center located?
The property is located at 2921 S ORLANDO DRIVE #178 Sanford, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Great location with high visibility to the Greenway (417) in centrally located Sanford Plaza; Leased until 12/31/2026, providing immediate rental income; New AC units and fire sprinkler system installed
