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Redevelopment Land with Office Structure
For Sale
$375,000

3312 W 5TH St, Sanford, FL 32771

Land with an existing structure offers redevelopment flexibility with convenient access to major Sanford routes.

Property SizeContact for details
Days on Market50

Property Features for 3312 W 5TH St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 1959
Listing Agency: LPT Realty, LLC.
Listed By: Martina Paradysz · License #3567402
Source: Elliman
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 4 at 9:51AM

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 LPT Realty, LLC.

Investment Insights

Based on property information with market context.

This property at 3312 W 5th St in Sanford, Florida consists of a spacious lot with an existing structure that can serve as a starting point for redevelopment. The current building provides a solid foundation, while the land offers flexibility for conversion into uses such as a modern office building, professional suites, or a mixed-use commercial configuration, subject to applicable approvals.

The site is described as being minutes from major transportation arteries, including I-4 and State Road 46, supporting convenient regional connectivity. It is also positioned close to downtown Sanford, placing it within reach of an active business and professional services area.

For developers, investors, or business owners evaluating redevelopment, this property provides a blend of land-based value and on-site improvements to potentially streamline planning and execution. The location’s proximity to major highways and downtown Sanford can support a range of commercial and professional service concepts, making it a practical option for those seeking a site to reimagine rather than simply occupy as-is.

Key Highlights

  • Year built: 1959; property at 3312 W 5th St, Sanford, FL.
  • Convenient access near I‑4 and State Road 46.
  • Spacious lot provides land value and redevelopment flexibility.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Dental Office Hair Salon Nail Salon Pharmacy Law Firm

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

650
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Land with an existing structure offers redevelopment flexibility with convenient access to major Sanford routes.
Where is this commercial land located?
The property is located at 3312 W 5TH St Sanford, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Year built: 1959; property at 3312 W 5th St, Sanford, FL.; Convenient access near I‑4 and State Road 46.; Spacious lot provides land value and redevelopment flexibility.
More about this property
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