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Sanford Food Production Facility
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401 W 13th St, Sanford, FL 32771

Equipped food production facility with cold storage in Sanford, Florida.

Property Size18,535 SF
Price / SF$107.90
Days on Market247

Property Features for 401 W 13th St

General Information

Standard status Active
Size 18,535 SF
Class C
Property subtype Industrial
Zoning GC2
Investment Type Owner/User

Building Details

Year Built 1925
Year Renovated 1985
Buildings 1
Stories 1
Listing Agency: Equity
Listed By: Anthony Bernabe · License #BK3319727
Source: Crexi
Added: Feb 11 Changed: Oct 5 Last Checked: Oct 14 at 10:41PM

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 Equity

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Investment Insights

Based on property information with market context.

The property at 401 W 13th Street is a specialized food production facility with integrated cold storage and freezer capabilities, situated in the growing Sanford market. It is fully equipped to support food processing, distribution, or specialty manufacturing operations. The built-in cold storage, dedicated freezer space, and infrastructure are suitable for temperature-controlled production. This configuration reduces startup costs and buildout timelines for food operators, caterers, distributors, meal prep companies, or cold-chain logistics users. The property is located minutes from Historic Downtown Sanford, US-17/92, SR-46, and Orlando Sanford International Airport, offering convenient regional access for distribution throughout Central Florida and beyond. The property contains 18535 square feet. It is ideal for owner-users seeking turnkey infrastructure or investors targeting specialized industrial assets. It is suitable for food processing, distribution, or specialty manufacturing operations.

Key Highlights

  • Fully equipped food production facility with integrated cold storage and freezer capabilities.
  • Strategic location near Historic Downtown Sanford, US‑17/92, SR‑46, and Orlando Sanford International Airport, providing convenient regional access.
  • Reduces startup costs and buildout timelines for food operators, caterers, distributors, meal prep companies, or cold‑chain logistics users.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$125,729
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,514,580 $2.5M
Cap Rate 7%
$1,796,129 $1.8M
Cap Rate 9%
$1,396,989 $1.4M
Market Conditions
NOI Build-Up for 18,535 SF
Gross rent
$162.4K $8.76/SF
− Vacancy
−$14.5K −$0.78/SF
EGI
$147.9K $7.98/SF
− OpEx
−$22.2K −$1.20/SF
NOI
$125.7K $6.78/SF
Area
Seminole County, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,514,580
Cap Rate 7%
$1,796,129
Cap Rate 9%
$1,396,989

Alternative Uses

Best Use
Warehouse
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,729 @ 7.0% cap · market cap 6.29%
Second Best
Industrial
$1.48M
$1.29M – $1.73M (±1% cap)
NOI $103,541 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$5.27M
$4.62M – $6.15M (±1% cap)
NOI $369,217 @ 7.0% cap · market cap 18.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Electrical Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

656
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Equipped food production facility with cold storage in Sanford, Florida.
Where is this refrigerated & cold storage located?
The property is located at 401 W 13th St Sanford, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully equipped food production facility with integrated cold storage and freezer capabilities.; Strategic location near Historic Downtown Sanford, US‑17/92, SR‑46, and Orlando Sanford International Airport, providing convenient regional access.; Reduces startup costs and buildout timelines for food operators, caterers, distributors, meal prep companies, or cold‑chain logistics users.
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