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    17-92 Hwy Sanford, FL 32773

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    For Sale
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    43 Acres, Multi-Use Potential, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 43.44-acre parcel in Sanford, Florida, presents a unique investment opportunity. Strategically located at the intersection of major thoroughfares – State Road 417 and State Road 17-92 – this property boasts significant road frontage on Lake Mary Boulevard, ensuring high visibility and accessibility. The land is zoned for a variety of commercial and industrial uses, making it suitable for a wide range of development projects. However, it's important to note that a significant portion of the acreage is wetland and will require mitigation efforts before development can commence. This factor should be considered during the due diligence process and factored into any development plans. The property's prime location in Seminole County, Florida, offers easy access to a growing population and robust infrastructure. The address is N 17-92 Hwy, Sanford, FL 32773. Detailed surveys and environmental assessments are recommended to fully understand the site's characteristics and potential development constraints. This property's size and location make it an ideal candidate for large-scale commercial or industrial development, subject to necessary environmental mitigation. The potential for significant return on investment is substantial, given the property's strategic location and zoning.

    Property Features for 17-92 Hwy

    General Information

    Property type
    Land
    Lot Size
    1,892,246 SF

    HighLights

    • 43.44‑acre land parcel in Sanford, FL.
    • Located at N 17‑92 Hwy, Seminole County, FL 32773.
    • Zoned for commercial and industrial uses.
    • Significant road frontage on three major roadways (17/92, 417, and Lake Mary Blvd).
    • Majority of land is wetlands requiring mitigation for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2739073
    Latitude
    28.7405957

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    FAQs

    What type of property is this?
    Land - 43 Acres, Multi-Use Potential, High Visibility
    Where is this land located?
    The property is located at 17-92 Hwy Sanford, FL.
    What are key features of this property?
    This property features: 43.44-acre land parcel in Sanford, FL.; Located at N 17-92 Hwy, Seminole County, FL 32773.; Zoned for commercial and industrial uses.
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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
    17-92 Hwy Sanford, FL 32773
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