Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    490 Lake Mary Blvd Sanford, FL 32773

    Sponsored
    For Lease
    $12 SF/Yr ($968 /Mo)

    High-traffic corner location, excellent income potential.

    Lot size:
    968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a fully operational Exxon-branded gas station and convenience store situated on a high-traffic corner lot at 490 W Lake Mary Blvd in Sanford, Florida, 32773. The property boasts a 968 square foot building on one acre of land, including 21 parking spaces. The single-tenant building is classified as Class B and underwent renovations in 2022, featuring a new roof, coolers, and pumps. Utilities are serviced by Duke Energy/FPL. The property's zoning is "Existing Use," and its convenient location is further enhanced by its proximity to Hidden Lake Drive. The gas station benefits from a remaining eight-year fuel contract, ensuring a stable income stream. This prime location is within a high-density residential area, poised for further growth with planned multi-family developments in the near future. The property is available for lease at $6,500 per month. The business is also available for purchase for $280,000.

    Property Features for 490 Lake Mary Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    968 SF
    Class
    B
    Total Rate
    968

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    43,560 SF
    Rate per SF
    $72

    HighLights

    • Fully operational Exxon‑branded gas station and convenience store on a high‑traffic corner lot in Sanford, FL.
    • 968 SF building on 1‑acre lot with 21 parking spaces.
    • High‑traffic location on W Lake Mary Blvd in a high‑density residential area with planned multi‑family development.
    • Recently renovated (2022) with new roof, coolers, and pumps.
    • Available for lease at $6,500/month or purchase at $280,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Exxon Gas Station Mobil Gas Station La Takeria Tacos Mexican Restaurant On The Go Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.293794280596
    Latitude
    28.75802959861

    Nearby Similar for Lease

    • $7,495 /Mo
      5,124 SF

      Sanford Commercial Building For Rent

      5124 sq ft commercial building with high-traffic frontage.
      500 E Airport Blvd, Sanford, FL 32773
      View Details
    • $2,495 /Mo
      2,641 SF

      Sanford Commercial Office Building For Rent

      Versatile commercial office building with reception area and large offices.
      502 E Airport Blvd, Sanford, FL 32773
      View Details
    • $650 /Mo
      117 SF

      Private Office in Sanford

      Professional office space with shared amenities in a convenient location.
      4031 W State Road 46, Sanford, FL 32771
      View Details
    • $18 SF/Yr
      90,008 SF

      Versatile Mixed-Use Space in Sanford

      Professionally managed mixed-use space suitable for various business types.
      500 W Lake Mary Blvd, Sanford, FL 32773
      View Details
    • $18 SF/Yr
      2,500 SF

      Sanford Office Space For Lease

      Office spaces ranging from 1,400 to 35,000 square feet available.
      520 W Lake Mary Blvd, Sanford, FL 32773
      View Details
    • $2,200 /Mo
      780 SF

      Downtown Sanford Retail Space Available

      780 SF retail space in the heart of Sanford.
      500 Sanford Ave, Sanford, FL 32771
      View Details
    • $20 SF/Yr
      2,000 SF

      SANFORD, FL Office Space

      2,000 SF professional office space for lease in SANFORD, FL.
      690 Lake Forest Blvd, Sanford, FL 32771
      View Details
    • Contact for pricing

      Retail Space in Seminole Center

      Prime retail space with high visibility and traffic.
      3653 South Orlando Dr, Sanford, FL 32773
      View Details
    • Contact for pricing
      2,550 SF

      Retail Space in Sanford, Florida

      Retail spaces available in large open-air shopping center.
      1101-2251 Wp Ball Blvd, Sanford, FL 32771
      View Details
    • Contact for pricing
      215,177 SF

      Premier Class A Industrial Development

      Class A industrial park in Sanford with modern logistics features.
      3503 St. Pkwy John's, Sanford, FL 32771
      View Details
    • $6,000 /Mo

      Sanford Mini Suites For Lease

      Semi-furnished office space near Sanford Airport, ideal for professional services.
      602 W 27Th St, Sanford, FL 32773
      View Details
    • Contact for pricing
      76,506 SF

      Sanford Warehouse Space Available

      Prime Sanford Industrial Space, Flexible Sizes
      1770 Lake Mary Blvd, Sanford, FL 32773
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-traffic corner location, excellent income potential.
    Where is this individual retail property located?
    The property is located at 490 Lake Mary Blvd Sanford, FL.
    What is the lease rate?
    The lease rate is $72 SF/Yr.
    What are key features of this property?
    This property features: Fully operational Exxon-branded gas station and convenience store on a high-traffic corner lot in Sanford, FL.; 968 SF building on 1-acre lot with 21 parking spaces.; High-traffic location on W Lake Mary Blvd in a high-density residential area with planned multi-family development.
    Request Owner's contact information
    490 Lake Mary Blvd Sanford, FL 32773
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    490 Lake Mary Blvd
    Sanford, FL 32773
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    490 Lake Mary Blvd Sanford, FL 32773
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.