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Elevator-Served Office Units
For Lease
$162,000 Modified Gross

500 W LAKE MARY 301, Sanford, FL 32773

Professionally managed office center offering build-to-suit suites with flexible configurations and on-site parking.

Space Size1,400 SF - 35,000 SF
Property Size90,008 SF
Days on Market17

Property Features for 500 W LAKE MARY 301

General Information

Standard status Active
Size 1,400 SF - 35,000 SF
Net Rentable 1,400 SF
Elevators Yes
Property subtype Commercial
Zoning GC-2
Lease Type Modified Gross

Space & Availability

Available Space 1,400-35,000 SF
Divisible Yes
Space Use Office
Condition Built-to-Suit

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $62,205

Building Details

Building Size 90,008 SF
Year Built 1987
Stories 3
Listing Agency: DOVER INTERNATIONAL CO., INC.
Listed By: Louis Joachim · License #3278476
Source: Elliman
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 29 at 12:01PM

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 DOVER INTERNATIONAL CO., INC.

Investment Insights

Based on property information with market context.

Office units are available within a three-story center built in 1987, with elevator access serving the building. Configurations range from 1,400 to 35,000 SF, including approximately 25,000 SF on the second floor that can be divided into smaller suites. Build-to-suit layouts provide flexibility for office users, corporate operations, educational facilities, medical practices, and other supported uses. The property is zoned GC-2 and offers on-site parking.

The center fronts Lake Mary Blvd in Sanford, with access to banking institutions, Seminole State College, shopping, restaurants, and professional businesses in the surrounding area. Lease structure is modified gross: the tenant handles electricity, interior cleaning, phone, and internet, while ownership covers water, sewer, trash, insurance, and taxes. Walk Score is 9, Bike Score is 36, and Transit Score is 22.

Key Highlights

  • Office configurations from 1,400 to 35,000 SF
  • Approximately 25,000 SF on the 2nd floor divisible into smaller spaces
  • Build‑to‑suit layouts available

Property Analytics

Current Use

Office Units

Suggested Use

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

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

Lease Details

Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

Demographics for 32773, FL

33,990
Population
13,402
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
1,232
Density / Sq Mi
$63,496
Median Household Income
$40,479
Median Earnings
$1,482
Median Rent
$259,600
Median Home Value

Market

Lease Benchmarks for Sanford, FL

$48.45 /SF/Yr
Avg Asking Price
$5.56–$285 /SF/Yr
Price Range
26,754 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Professionally managed office center offering build-to-suit suites with flexible configurations and on-site parking.
Where is this office units located?
The property is located at 500 W LAKE MARY 301 Sanford, FL.
What is the lease rate?
The lease rate is $162,000.
What are key features of this property?
This property features: Office configurations from 1,400 to 35,000 SF; Approximately 25,000 SF on the 2nd floor divisible into smaller spaces; Build‑to‑suit layouts available
More about this property
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