End-Unit Furnished Office
For Sale
$339,000
4009 W 1ST STREET, Sanford, FL 32771
Furnished end-unit office condo with windows all around for a light, bright work environment.
Property Size1,375 SF
Price / SF$246.55
Days on Market75
Property Features for 4009 W 1ST STREET
General Information
Standard status
Active
Size
1,375 SF
Property subtype
Business
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Building Details
Year Built
2006
Listing Agency:
PREMIER SOTHEBYS INT'L REALTY
(407) 333-1900
Listed By:
Elizabeth Green · License #3087914
(407) 702-4727
Source:
Dennisrealty
Added: Jul 27
Changed: Oct 7
Last Checked: Oct 7 at 12:19PM
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 PREMIER SOTHEBYS INT'L REALTY
Investment Insights
Based on property information with market context.
This beautifully finished, fully furnished office condo is designed for an owner-user who wants move-in-ready space. The layout benefits from end-unit placement, creating a light and bright interior with windows all around.
The office condominium is located off SR 46 in Sanford, with convenient access to I-4, SR 417, SR 46, and 17-92. The area offers nearby retail and services, including Seminole Town Center (currently under renovation), downtown Sanford, and Colonial Town Parke, with shopping and restaurants in close proximity.
Built in 2006, the space is ready for immediate occupancy and offers a car-dependent setting based on the provided BikeScore, WalkScore, and TransitScore.
The office condominium is located off SR 46 in Sanford, with convenient access to I-4, SR 417, SR 46, and 17-92. The area offers nearby retail and services, including Seminole Town Center (currently under renovation), downtown Sanford, and Colonial Town Parke, with shopping and restaurants in close proximity.
Built in 2006, the space is ready for immediate occupancy and offers a car-dependent setting based on the provided BikeScore, WalkScore, and TransitScore.
Key Highlights
- Fully furnished office condo for owner‑user use
- End unit with windows all around for light and bright interior
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,543
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,860
$410.9K
Cap Rate 7%
$293,471
$293.5K
Cap Rate 9%
$228,256
$228.3K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$33.0K $24.00/SF
− Vacancy
−$5.6K −$4.08/SF
EGI
$27.4K $19.92/SF
− OpEx
−$6.8K −$4.98/SF
NOI
$20.5K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,860
Cap Rate 7%
$293,471
Cap Rate 9%
$228,256
Alternative Uses
Best Use
Office B
$293.5K
$256.8K – $342.4K
NOI $20,543 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.3K
$342.4K – $456.5K
NOI $27,390 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Furnished end-unit office condo with windows all around for a light, bright work environment.
Where is this office units located?
The property is located at 4009 W 1ST STREET Sanford, FL.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Fully furnished office condo for owner‑user use; End unit with windows all around for light and bright interior; Built in 2006
