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Sanford Commercial/Mixed-Use Opportunity

420 MONROE ROAD, Sanford, FL 32771

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For Sale

$349,900

Versatile commercial property near downtown Sanford with redevelopment potential.

Type:Land or Vacant Lot

Property size:

1,485 SF

Lot size:

0.76 Acres

Price / SF:

$235/SF

HighLights

Prime .76 acre lot zoned for MIXED‑USE, offering incredible flexibility.
Strategic location minutes from Downtown Sanford's restaurants, shopping, and waterfront attractions.
Easy access to I‑4 and 417, providing seamless connectivity.
Opportunity to capitalize on Sanford's rapid growth and redevelopment.
Versatile commercial property suitable for investors, business owners, or developers.
Includes a 1,485 sq ft block home (3 bed, 1.5 bath) usable as an office, rental, or temporary space.

We can help!

Listing Contact

HANNAH EVANS

For Sale

$349,900

Versatile commercial property near downtown Sanford with redevelopment potential.

Type:Land or Vacant Lot

Property size:

1,485 SF

Lot size:

0.76 Acres

Price / SF:

$235/SF

Added:: Nov 11, 2025
Days on Market:: 215
Last Refresh:: May 10 at 11:20 pm

Property Features for 420 MONROE ROAD

General Information

Standard status: Active
Size: 1,485 SF
Lot size: 0.76 Acres
Property subtype: Land or Vacant Lot

We can help!

Listing Contact

HANNAH EVANS

Listing agent HANNAH EVANS License #3621716

Listing office FLORIDA REALTY INVESTMENTS

Listing date Nov 11, 2025

Source Corcoran

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 FLORIDA REALTY INVESTMENTS

HighLights

Prime .76 acre lot zoned for MIXED‑USE, offering incredible flexibility.
Strategic location minutes from Downtown Sanford's restaurants, shopping, and waterfront attractions.
Easy access to I‑4 and 417, providing seamless connectivity.
Opportunity to capitalize on Sanford's rapid growth and redevelopment.
Versatile commercial property suitable for investors, business owners, or developers.
Includes a 1,485 sq ft block home (3 bed, 1.5 bath) usable as an office, rental, or temporary space.

Overview

This commercial property presents a mixed-use opportunity near downtown Sanford. Situated on a 0.76-acre lot, the property includes a 1,485 square foot block home with 3 bedrooms and 1.5 baths. This home could serve as an office, rental, or temporary space during land development. The property is zoned for mixed-use and is located minutes from downtown Sanford, providing proximity to restaurants, shopping, and waterfront attractions. It also offers easy access to I-4 and 417, connecting to Orlando, Lake Mary, and surrounding areas. This property is suitable for a small business site, commercial expansion, or future redevelopment project.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$35.6k	$24.00
− Vacancy	−$6.1k	−$4.08
EGI	$29.6k	$19.92
− OpEx	−$7.4k	−$4.98
NOI	$22.2k	$14.94

1,485 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$316.9K

$277.3K – $369.8K (±1% cap)

NOI $22,186 @ 7.0% cap · market cap 6.34%

Second Best

Mixed Use

$280.0K

$245.0K – $326.7K (±1% cap)

NOI $19,602 @ 7.0% cap · market cap 5.60%

Theoretical Best

Office A

$422.6K

$369.8K – $493.0K (±1% cap)

NOI $29,581 @ 7.0% cap · market cap 8.45%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Sanford
County: Seminole
State: Florida
Longitude: -81.3234
Latitude: 28.8176

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For sale
Mixed-use properties
FL
Sanford
32771
420 MONROE ROAD

What type of property is this?

Mixed-use property - Versatile commercial property near downtown Sanford with redevelopment potential.

Where is this mixed-use property located?

The property is located at 420 MONROE ROAD Sanford, FL.

What is the asking price?

The asking price for this property is $349,900.

What are key features of this property?

This property features: Prime .76 acre lot zoned for MIXED‑USE, offering incredible flexibility.; Strategic location minutes from Downtown Sanford's restaurants, shopping, and waterfront attractions.; Easy access to I‑4 and 417, providing seamless connectivity.