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    145 Monroe Rd Sanford, FL 32771

    Sponsored
    For Sale
    $279,900

    Prime .5-acre commercial lot, Sanford, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity to acquire a highly desirable 0.5-acre commercial land parcel situated at 145 Monroe Rd, Sanford, FL 32771. This fee-simple property, with APN 28-19-30-503-0000-0130, is zoned C-1, offering significant development potential. Located in a high-traffic area with excellent visibility from Monroe Road, the property benefits from its proximity to a shopping center and convenient access to major thoroughfares including I-4, SR-417, Rinehart Road, and Town Center Blvd. Sanford, a thriving city in Seminole County, boasts a population of 65,212 (2024 estimate) and is experiencing robust annual growth. This .5-acre lot presents a rare chance to establish a business in a dynamic and rapidly developing area. The asking price is $279,900. Don't miss this chance to secure a prime location for your future business venture. This property is ready for your development plans. Many possibilities exist at this location.

    Property Features for 145 Monroe Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • $279,900 asking price for 0.5‑acre commercial land.
    • High‑traffic location in Sanford, FL with excellent Monroe Road visibility.
    • C‑1 zoned lot, ready for development.
    • Located across from a shopping center, offering convenient access to I‑4, SR‑417, Rinehart Road, and Town Center Blvd. retail corridors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Pharmacy Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.322722938342
    Latitude
    28.812848467762

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    FAQs

    What type of property is this?
    Land - Prime .5-acre commercial lot, Sanford, FL
    Where is this land located?
    The property is located at 145 Monroe Rd Sanford, FL.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: $279,900 asking price for 0.5-acre commercial land.; High-traffic location in Sanford, FL with excellent Monroe Road visibility.; C-1 zoned lot, ready for development.
    Request Owner's contact information
    145 Monroe Rd Sanford, FL 32771
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 Monroe Rd Sanford, FL 32771
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