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Fenced Flex Office & Warehouse
For Sale
$550,000

414 W 9TH Street, Sanford, FL 32771

COMMERCIAL - SANFORD, FL

Property Size1,740 SF
Lot Size0.43 Acres
Price / SF$316.09
Days on Market322

Property Features for 414 W 9TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning GC2
Subdivision SANFORD TOWN OF
Directions Head west on US-17/US-92 62 ft Make a U-turn 2.5 mi Turn right onto S French Ave 0.4 mi Turn left onto W 8th St 328 ft Turn right onto Laurel Ave Destination will be on the left
Standard status Active
APN 25-19-30-5AG-1007-0090
Size 1,740 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 9 + 10 BLK 10 TR 7 TOWN OF SANFORD PB 1 PG 62 and LOT 8 BLK 10 TR 7 TOWN OF SANFORD PB 1 PGS 56-64
Tax Annual Amount 3695
Legal Description LOTS 9 + 10 BLK 10 TR 7 TOWN OF SANFORD PB 1 PG 62 and LOT 8 BLK 10 TR 7 TOWN OF SANFORD PB 1 PGS 56-64

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1956
Floors in Building 1
Building materials Brick, Concrete
Listing Agency: SLOANE REALTY, LLC
Listed By: Matt White · License #3106449
Added: Sep 17, 2025 Changed: Jul 25 Last Checked: Aug 4 at 5:06AM
MLS# O6344973

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex/light industrial property offers a combined office and warehouse/storage setup on two parcels totaling 0.43 acres, with a fully fenced and secure site. The interior includes four executive offices, one conference room, and a large open workspace area, plus a warehouse/storage area of approximately 1,000 square feet accessible directly through the office. Exterior features include ample fenced outdoor storage and truck/fleet circulation areas.

Located at 414 W 9th Street in Sanford, Florida (Seminole County), the property provides convenient access to major highways. It is currently zoned GC-2, which permits retail, service-oriented businesses, and light commercial/industrial uses. Please note that outdoor storage, fueling, or hazardous materials may be subject to conditional approval by the City.

On the improvements side, a generator is approximately five years old, and the roof was replaced in September 2014.

Key Highlights

  • 2,695 sq ft flex/light industrial/office property on 0.43 acres across two parcels, fully fenced and secure
  • Building includes 4 executive offices, 1 conference room, large open workspace, and ~1,000 sq ft warehouse/storage area accessible from the office
  • Central air, brick and concrete construction, and public utilities (public water and public sewer)

Financial Insights For Office B

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 $41.8k $24.00
− Vacancy −$7.1k −$4.08
EGI $34.7k $19.92
− OpEx −$8.7k −$4.98
NOI $26.0k $14.94
1,740 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$371.4K
$325.0K – $433.3K (±1% cap)
NOI $25,996 @ 7.0% cap · market cap 4.73%
Second Best
Warehouse
$168.6K
$147.5K – $196.7K (±1% cap)
NOI $11,803 @ 7.0% cap · market cap 2.15%
Theoretical Best
Office A
$495.2K
$433.3K – $577.7K (±1% cap)
NOI $34,661 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Thermotane Propane Propane Supplier

Suggested Use

Top Pick Dental Office Electrical Service Florist (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Supermarket

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

429
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Flex/light industrial with fenced outdoor storage, four offices, and an office-connected warehouse area.
Where is this flex space located?
The property is located at 414 W 9TH Street Sanford, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,695 sq ft flex/light industrial/office property on 0.43 acres across two parcels, fully fenced and secure; Building includes 4 executive offices, 1 conference room, large open workspace, and ~1,000 sq ft warehouse/storage area accessible from the office; Central air, brick and concrete construction, and public utilities (public water and public sewer)
More about this property
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