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    728 Monroe Rd Sanford, FL 32771

    Sponsored
    For Sale
    $750,000

    Prime Sanford location, high traffic, 1.46 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.46-acre commercial land parcel in Sanford, Florida, presents a unique investment opportunity. Located on Monroe Road, with easy access to I-4, State Road 46, and 17-92, this property boasts high visibility and significant drive-by traffic. Currently zoned PD (Planned Development), it's poised for future development under the HIPD (Higher Intensity Planned Development) zoning designation. The site features two existing curb cuts, simplifying development plans. Seller-provided renderings showcase potential flex-space office/warehouse development options. Special setbacks have already been approved, streamlining the building process. A recent appraisal is available upon request, and a topo survey is readily accessible. This property is situated in a rapidly growing area with limited remaining vacant land, making it an ideal investment for developers seeking a prime location with excellent access and visibility. The asking price is $750,000. Don't miss this chance to secure a piece of Sanford's thriving commercial real estate market. The address is 728 Monroe Rd, Sanford, FL 32771, in Seminole County.

    Property Features for 728 Monroe Rd

    General Information

    Property type
    Land
    Lot Size
    63,598 SF

    HighLights

    • $750,000 asking price.
    • 1.46‑acre commercial land parcel in Sanford, FL.
    • PD zoning (Planned Development), with potential for HIPD (Higher Intensity Planned Development).
    • High‑traffic location near I‑4, SR 46, and 17‑92; two existing curb cuts.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Garth A Schweizer Lndscpe Landscaper Anthologia Inc Landscaper

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.3232018
    Latitude
    28.8238064

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    FAQs

    What type of property is this?
    Land - Prime Sanford location, high traffic, 1.46 acres.
    Where is this land located?
    The property is located at 728 Monroe Rd Sanford, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; 1.46-acre commercial land parcel in Sanford, FL.; PD zoning (Planned Development), with potential for HIPD (Higher Intensity Planned Development).
    Request Owner's contact information
    728 Monroe Rd Sanford, FL 32771
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    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
    728 Monroe Rd Sanford, FL 32771
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