0 Richmond Ave Sanford, FL 32773
This exceptional 19.6-acre parcel of land presents a compelling investment opportunity in Sanford, Florida. Located on Richmond Avenue in Seminole County, zip code 32773, this property is zoned for industrial use, making it perfectly suited for a variety of commercial and industrial applications. The asking price is $2,800,000, translating to a land value of $3.30 per square foot. Its strategic location offers significant advantages. The site enjoys convenient proximity to the new shopping center situated at the intersection of Route 46 and Lake Mary Boulevard, providing easy access to retail amenities and a strong workforce pool. Furthermore, its location minutes from the Orlando Sanford International Airport ensures seamless logistics and transportation capabilities. The property benefits from readily available city utilities provided by the City of Sanford, simplifying infrastructure development. This makes it ideal for manufacturing, distribution, warehousing, and flex space development. Future land use designation is industrial, ensuring long-term viability and investment security. This is a rare opportunity to acquire a substantial, well-located industrial land parcel in a thriving Florida market. Don't miss out on this chance to secure a prime piece of real estate with exceptional potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.