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Property profile & analytics
OFF-MARKET
Land

0 Richmond Ave Sanford, FL 32773

19.6 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 19.6 ac (853,776 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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