5508 BENCHMARK LANE, Sanford, FL 32773
Industrial - SANFORD, FL
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 5508 BENCHMARK LANE
General Information
- Property type
- Commercial Sale
- Property subtype
- Industrial
- Zoning
- M-1
- Standard status
- Active
- APN
- 22-20-30-510-0000-0230
- Size
- 10,898 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9263.84
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Building materials
- Block
- Architectural style
- Other
Listing agent Mark Allen License #3246800 (321) 689-8000
Listing office COMMERCIAL REAL ESTATE PROF IN 1600 E Amelia St, Orlando, FL (321) 689-8000
Listing date Jun 11, 2026
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.
HighLights
- M1 zoned multi‑tenant office/warehouse flex building on a 1.00‑acre lot
- Over 10,898 SF building with block construction and central air
- Fully fenced property
- 16 drive‑in bays plus ample parking
- Industrial area with easy access to N. Ronald Reagan Blvd, Hwy 17, and State Road 419
Overview
The building is located in an industrial area in Sanford, Florida, with easy access to N. Ronald Reagan Blvd, Hwy 17, and State Road 419. This connectivity supports day-to-day logistics for businesses that need straightforward regional travel.
For tenants or buyers seeking an operationally flexible setup, the combination of office space and warehouse capacity makes the property suitable for a range of industrial uses that benefit from on-site work areas and drive-in access. The fenced yard and multi-bay configuration can also support operations that require controlled staging and efficient movement of vehicles between bays and parking areas.
Local 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 | $261.6k | $24.00 |
| − Vacancy | −$44.5k | −$4.08 |
| EGI | $217.1k | $19.92 |
| − OpEx | −$54.3k | −$4.98 |
| NOI | $162.8k | $14.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.299979
- Latitude
- 28.728811
