414 W 9TH Street, Sanford, FL 32771
COMMERCIAL - SANFORD, FL
Property Features for 414 W 9TH Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 32771, FL
Market
Vacancy Rate% for Office in South region
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