Freestanding Retail Redevelopment
For Sale
Contact for pricing
2885 S Orlando Dr, Sanford, FL 32773
Oversized parcel with a freestanding 6,720 SF retail building and C-2 zoning along US Hwy 17-92.
Property Size6,720 SF
Lot Size2.11 Acres
Price / SF$291.67
Days on Market279
Property Features for 2885 S Orlando Dr
General Information
Standard status
Active
Size
6,720 SF
Lot size
2.11 Acres
Property subtype
RETAIL
Zoning
C-2
Site & Location
Traffic Count
26,500 vehicles/day
Highway Access
Yes
Additional Details
Land Use
commercial
Building Details
Buildings
1
Listing Agency:
SVN Commercial Advisory Group
(941) 387-1200
Listed By:
Lance Cobb · License ##SL3483253
(941) 356-4781
Source:
Moodyscre
Added: Jan 23
Changed: Oct 26
Last Checked: Oct 28 at 11:51AM
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 SVN Commercial Advisory Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property includes a vacant delivery at closing, along with an oversized 2.11± acre parcel featuring an existing 6,720 SF freestanding retail building. The offering is suited for buyers looking to redevelop, re-tenant, or occupy the space themselves, with the existing structure providing a starting point.
The site is positioned for strong exposure along US Hwy 17-92, with an estimated ±26,500 AADT. Zoning is listed as C-2, allowing for a wide range of commercial uses, and buyers are advised to verify specific permitted uses.
The site is positioned for strong exposure along US Hwy 17-92, with an estimated ±26,500 AADT. Zoning is listed as C-2, allowing for a wide range of commercial uses, and buyers are advised to verify specific permitted uses.
Key Highlights
- 2.11± acre parcel with an existing 6,720 SF freestanding retail building
- Vacant delivery at closing for redevelopment, re‑tenanting, or owner‑user occupancy
- C‑2 zoning for a wide range of commercial uses (buyer to verify)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,960
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,639,200
$2.6M
Cap Rate 7%
$1,885,143
$1.9M
Cap Rate 9%
$1,466,222
$1.5M
Market Conditions
NOI Build-Up for 6,720 SF
Gross rent
$195.1K $29.04/SF
− Vacancy
−$6.6K −$0.99/SF
EGI
$188.5K $28.05/SF
− OpEx
−$56.6K −$8.42/SF
NOI
$132.0K $19.64/SF
Area
Seminole County, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,639,200
Cap Rate 7%
$1,885,143
Cap Rate 9%
$1,466,222
Alternative Uses
Best Use
Retail
$1.89M
$1.65M – $2.20M
NOI $131,960 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,862 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
26,500 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Oversized parcel with a freestanding 6,720 SF retail building and C-2 zoning along US Hwy 17-92.
Where is this retail space located?
The property is located at 2885 S Orlando Dr Sanford, FL.
What is the asking price?
The asking price for this property is $1,960,000.
What are key features of this property?
This property features: 2.11± acre parcel with an existing 6,720 SF freestanding retail building; Vacant delivery at closing for redevelopment, re‑tenanting, or owner‑user occupancy; C‑2 zoning for a wide range of commercial uses (buyer to verify)
