Sanford Industrial Park Investment
3650-3735 Naseem Lane Sanford, FL 32771
3650-3735 Naseem Lane, Sanford, FL, 32771
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For Sale
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Fully leased industrial park near Sanford Airport with income potential.
Property Size37,800 SF
Lot Size2.33 Acres
Price / SF$158.73
Days on Market1538
Property Features for 3650-3735 Naseem Lane
General Information
- Standard status
- Active
- Size
- 37,800 SF
- Lot size
- 2.33 Acres
- Property subtype
- Industrial
Listing Agency
NAI Realvest - Orlando
(407) 341-0805
Listed by
Paul P Partyka · License #FL 675481
Source
Crexi
Added: May 5, 2022 Checked: Jul 19 at 5:19 am
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 NAI Realvest - Orlando
Investment Insights
Based on property information with market context.
This industrial investment opportunity is located in the Sanford Airport area. The property, known as 786 Industrial Park, comprises 10 individual condo buildings, totaling approximately 37,800 square feet on 2.33 acres. The buildings feature metal construction and roofs. Each building is equipped with 3-phase electrical power at 400 amps and a 14’ x 12’ grade-level overhead door. The clear height within the buildings is 18 feet. The zoning is GC-2, which allows for both commercial and light industrial uses. The property is 100% leased and offers a 5.8% Cap Rate as of February 1, 2026. Located directly across the street from Orlando Sanford International Airport, the property provides convenient access to SR 46, Lake Mary Blvd, US Hwy 17-92, SR 417 (Greeneway), and I-4. Potential options for buyers include holding the property or selling individual buildings.
Key Highlights
- 100% leased with a 5.8% Cap Rate (as of 02/01/26) offering immediate income.
- Located directly across from Orlando Sanford International Airport, providing excellent accessibility.
- Priced at $159/SF, below replacement cost, representing a strong value.
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 | $331.1k | $8.76 |
| − Vacancy | −$29.5k | −$0.78 |
| EGI | $301.7k | $7.98 |
| − OpEx | −$45.2k | −$1.20 |
| NOI | $256.4k | $6.78 |
37,800 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.66M
$3.21M – $4.27M
NOI $256,409 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$3.02M
$2.64M – $3.52M
NOI $211,160 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$10.76M
$9.41M – $12.55M
NOI $752,976 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully leased industrial park near Sanford Airport with income potential.
Where is this flex space located?
The property is located at 3650-3735 Naseem Lane Sanford, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 100% leased with a 5.8% Cap Rate (as of 02/01/26) offering immediate income.; Located directly across from Orlando Sanford International Airport, providing excellent accessibility.; Priced at $159/SF, below replacement cost, representing a strong value.