Industrial Compound with Yard
601 W 27th Street Sanford, FL 32773
601 W 27th Street, Sanford, FL, 32773
$3,900,000
For Sale
$3,900,000
Multi-building industrial compound totaling about 29,028 SF on a 2.26-acre site with substantial yard and concrete construction.
Property Size29,028 SF
Lot Size2.26 Acres
Price / SF$134.35
Days on Market37
Property Features for 601 W 27th Street
General Information
- Standard status
- Active
- Size
- 29,028 SF
- Lot size
- 2.26 Acres
- Property subtype
- Industrial
Listing agency
APEX Capital Realty LLC
(305) 570-2600
Listed by
Miguel Angel Pinto · License #R11165434
(305) 570-2600
Source
Lehmannflorida
Added: Jun 15 Updated: Jul 20 at 4:45PM Checked: Jul 21 at 3:19AM
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 APEX Capital Realty LLC
Investment Insights
Based on property information with market context.
Industrial compound opportunity at 601 W 27th Street featuring approximately 29,028 SF across seven concrete buildings. The property is currently fully occupied by multiple tenants, supporting immediate in-place income. Building layouts and ceiling heights vary from structure to structure to accommodate different operational requirements.
The site includes a spacious yard area intended for outdoor storage and related uses, along with ample outdoor space that can support contractors, logistics operations, equipment storage, fleet parking, and outdoor storage. The property is zoned GC2 and is positioned to support a range of commercial and industrial uses.
With multiple buildings on an oversized land component, the property offers flexible configurations for occupancy across the compound and outdoor working areas. The durable concrete construction is designed for long-term functionality in an industrial setting.
The site includes a spacious yard area intended for outdoor storage and related uses, along with ample outdoor space that can support contractors, logistics operations, equipment storage, fleet parking, and outdoor storage. The property is zoned GC2 and is positioned to support a range of commercial and industrial uses.
With multiple buildings on an oversized land component, the property offers flexible configurations for occupancy across the compound and outdoor working areas. The durable concrete construction is designed for long-term functionality in an industrial setting.
Key Highlights
- Multi‑building industrial compound at 601 W 27th St totaling about 29,028 SF across seven concrete buildings
- Situated on a 2.26‑acre site with an expansive yard for contractors, logistics, equipment storage, fleet parking, and outdoor storage
- Property is currently fully occupied by multiple tenants, providing immediate in‑place income
Local Financial Insights For Warehouse
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 | $254.3k | $8.76 |
| − Vacancy | −$22.6k | −$0.78 |
| EGI | $231.7k | $7.98 |
| − OpEx | −$34.7k | −$1.20 |
| NOI | $196.9k | $6.78 |
29,028 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.81M
$2.46M – $3.28M
NOI $196,906 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$2.32M
$2.03M – $2.70M
NOI $162,158 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$8.26M
$7.23M – $9.64M
NOI $578,238 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kens Starters & Alternators
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- River City Catering — 2533 Laurel Ave, Sanford, FL 32773
- Plate Scrapers — 3291 s sanford ave apt. 66, sanford, fl 32773
- Angel's Catering & Events — Sanford, FL 32773
FAQs
What type of property is this?
Flex space - Multi-building industrial compound totaling about 29,028 SF on a 2.26-acre site with substantial yard and concrete construction.
Where is this flex space located?
The property is located at 601 W 27th Street Sanford, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Multi‑building industrial compound at 601 W 27th St totaling about 29,028 SF across seven concrete buildings; Situated on a 2.26‑acre site with an expansive yard for contractors, logistics, equipment storage, fleet parking, and outdoor storage; Property is currently fully occupied by multiple tenants, providing immediate in‑place income
