Retail Storefront
300 SANFORD AVE Sanford, FL 32771
300 SANFORD AVE, Sanford, FL, 32771
Contact for pricing
For Sale
Contact for pricing
Standalone retail storefront offering 3,620 SF and listed for sale.
Property Size3,620 SF
Price / SF$386.74
Days on Market21
Property Features for 300 SANFORD AVE
General Information
- Standard status
- Active
- Size
- 3,620 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1925
Listing agency
Millenia Partners
(321) 205-6544
Listed by
Luke Sawyer · License #FL 3338336
Source
Crexi
Added: Jul 1 Updated: Jul 21 at 4:18AM Checked: Jul 21 at 4:18AM
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 Millenia Partners
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale and totals 3,620 SF. The listing includes details identifying the property as retail, with the most recent recorded remark dated 09/12/2014.
The property is located at 300 Sanford Ave in Sanford, Florida. It presents a straightforward retail configuration for businesses seeking a dedicated storefront location.
Additional information on layout, in-place improvements, or tenancy is not provided in the available remarks.
The property is located at 300 Sanford Ave in Sanford, Florida. It presents a straightforward retail configuration for businesses seeking a dedicated storefront location.
Additional information on layout, in-place improvements, or tenancy is not provided in the available remarks.
Key Highlights
- Standalone retail storefront built in 1925
- Retail space totals 3,620 SF
- Listed for sale as of 09/12/2014
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.1k | $29.04 |
| − Vacancy | −$3.6k | −$0.99 |
| EGI | $101.6k | $28.05 |
| − OpEx | −$30.5k | −$8.42 |
| NOI | $71.1k | $19.64 |
3,620 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$888.6K – $1.18M
NOI $71,085 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$901.4K – $1.20M
NOI $72,110 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Buster's Sanford
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- The Happy Florist — 1015 W 1st St, Sanford, FL 32771
FAQs
What type of property is this?
Storefront property - Standalone retail storefront offering 3,620 SF and listed for sale.
Where is this storefront property located?
The property is located at 300 SANFORD AVE Sanford, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Standalone retail storefront built in 1925; Retail space totals 3,620 SF; Listed for sale as of 09/12/2014
