Sanford Industrial Park Investment
3650-3735 Naseem Lane Sanford, FL 32771
3650-3735 Naseem Lane, Sanford, FL, 32771
$6,000,000
For Sale
$6,000,000
Fully leased industrial park near Sanford Airport with investment options.
Property Size37,800 SF
Price / SF$158.73
Days on Market238
Property Features for 3650-3735 Naseem Lane
General Information
- Standard status
- Active
- Size
- 37,800 SF
- Property subtype
- Industrial
Listing Agency
(407) 341-0805
Listed by
Paul P. Partyka, CCIM, MiCP, CIPS
(407) 341-0805
Source
Naiglobal
Added: Nov 21, 2025 Checked: Jul 16 at 2:41 am
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 Paul P. Partyka, CCIM, MiCP, CIPS
Investment Insights
Based on property information with market context.
This industrial park, located in the rapidly developing Sanford Airport area, presents a rare investment opportunity. The property is 100% leased and offers a 6.7% cap rate as of June 1, 2024. The park, known as 786 Industrial Park, comprises 10 individual condo buildings, totaling approximately 37,800 square feet, situated on approximately 2.33 acres. The zoning is GC-2, which allows for commercial and light industrial uses. The construction features metal buildings and roofs. Each building is equipped with 3-phase, 400 amp electrical service, 14’ x 12’ grade-level overhead doors, and an 18’ clear height. The location provides direct access across the street from Orlando Sanford International Airport and convenient access to SR 46, Lake Mary Blvd, US Hwy 17-92, SR 417 (Greeneway), and I-4. The property offers multiple options for a buyer, including a buy-and-hold strategy or selling the individual buildings.
Key Highlights
- 100% leased with a 6.7% Cap Rate (as of 06/01/24) provides immediate income.
- Rare industrial investment opportunity in the rapidly developing Sanford Airport area.
- Located directly across the street from Orlando Sanford International Airport.
Local Financial Insights For Warehouse
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 | $331.1k | $8.76 |
| − Vacancy | −$29.5k | −$0.78 |
| EGI | $301.7k | $7.98 |
| − OpEx | −$45.2k | −$1.20 |
| NOI | $256.4k | $6.78 |
37,800 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.66M
$3.21M – $4.27M
NOI $256,409 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$3.02M
$2.64M – $3.52M
NOI $211,160 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$10.76M
$9.41M – $12.55M
NOI $752,976 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully leased industrial park near Sanford Airport with investment options.
Where is this flex space located?
The property is located at 3650-3735 Naseem Lane Sanford, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 100% leased with a 6.7% Cap Rate (as of 06/01/24) provides immediate income.; Rare industrial investment opportunity in the rapidly developing Sanford Airport area.; Located directly across the street from Orlando Sanford International Airport.
