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Multi-Unit Flex Space
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2499 Old Lake Mary Rd., Sanford, FL 32771

Multi-suite flex property with established occupancy and convenient access to SR 417 and Interstate 4.

Property Size31,970 SF
Days on Market145

Property Features for 2499 Old Lake Mary Rd.

General Information

Standard status Active
Size 31,970 SF
Property subtype Industrial, Office

Additional Details

Cap Rate 7.37%
Highway Access Yes
Listing Agency: Coldwell Banker Commercial Benchmark Ormond Beach
Listed By: Bob Rand CCIM, SIOR · License #FL SL3128649
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:38AM

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 Coldwell Banker Commercial Benchmark Ormond Beach

Investment Insights

Based on property information with market context.

Sanford Commerce Center comprises 31,970 SF of flex space configured across 22 units. The unit mix includes 18 spaces of 1,250 SF, two spaces of 1,635 SF, and two spaces of 3,100 SF. The property maintains 90%+ occupancy, with most lease terms ranging from 2 to 4 years.

The center is located in Sanford with access to SR 417 and Interstate 4. Downtown Orlando is approximately 20 minutes away, connecting the property to the broader Central Florida market. The property reports a 7.37% CAP rate.

Key Highlights

  • 31,970 SF of flex space across 22 units
  • Unit mix includes 18 units @ 1,250 SF, 2 units @ 1,635 SF, and 2 units @ 3,100 SF
  • Property consistently maintains 90%+ occupancy

Property Analytics

Current Use

Dynamic Heating & Air HVAC Service One Way Wall ... Construction Company Carlson Gracie Orlando ... Training Center C2C Piping and Fabrication Fabrication Engineer Dentspy Dental Office

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32771, FL

57,178
Population
24,062
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
37.5 sq mi
ZIP Area
1,525
Density / Sq Mi
$74,520
Median Household Income
$43,321
Median Earnings
$1,584
Median Rent
$332,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

  • Chef Scott's Catering 1295 W Airport Blvd, Sanford, FL 32773
  • Los Munchies 2009 Chase Ave, Sanford, FL 32771

Frequently Asked Questions

What type of property is this?
Flex space - Multi-suite flex property with established occupancy and convenient access to SR 417 and Interstate 4.
Where is this flex space located?
The property is located at 2499 Old Lake Mary Rd. Sanford, FL.
What are key features of this property?
This property features: 31,970 SF of flex space across 22 units; Unit mix includes 18 units @ 1,250 SF, 2 units @ 1,635 SF, and 2 units @ 3,100 SF; Property consistently maintains 90%+ occupancy
More about this property
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