5508 BENCHMARK LANE #112, Sanford, FL 32773
M1-zoned flex building with fully fenced yard and 16 drive-in bays for warehouse and light office operations.
- Added:
- Jun 12, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 20 at 3:42 am
Property Features for 5508 BENCHMARK LANE #112
General Information
- Standard status
- Active
- Size
- 10,898 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing office COMMERCIAL REAL ESTATE PROF IN (407) 737-9797
Listing date Jun 12, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of COMMERCIAL REAL ESTATE PROF IN
HighLights
- M1‑zoned multi‑tenant office/warehouse flex building built in 1988
- Over 10,898 SF on a 1.00‑acre lot
- Fully fenced property with ample parking
- 16 drive‑in bays for warehouse access
- Easy access to N. Ronald Reagan Blvd, Hwy 17, and State Road 419
Overview
The property is located in an industrial area in Sanford, Florida, with easy access to N. Ronald Reagan Blvd, Highway 17, and State Road 419. The building sits on a 1.00-acre lot, providing defined boundaries and on-site circulation for day-to-day operations.
Zoned M1, the space is well suited for tenants seeking a warehouse-driven setup with associated office functionality within a shared building. With multiple drive-in bays and off-street parking, the property supports frequent deliveries and efficient vehicle movement, making it a workable option for operators that need direct loading capability alongside office space.
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
- -81.2999673
- Latitude
- 28.7287966
