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Property profile

4040 Fl-46 Sanford, FL 32771

OFF-MARKET
Mixed-use properties
62,945 SF 1.45 ac lot
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Property summary

AI-generated overview

This exceptional 1.445-acre commercial land parcel in Sanford, Florida, presents a remarkable investment opportunity. Located at 4040 FL-46, 32771, this level and cleared site boasts 62,945 square feet and is zoned GC-2, allowing for a multitude of uses. The asking price is $900,000, translating to $14.30 per square foot and $620,690 per acre. Its strategic location offers unparalleled convenience and accessibility. The property enjoys proximity to a newly constructed Publix grocery store, the Galileo School for the gifted (within walking distance), and a soon-to-open Wawa. Furthermore, the area is experiencing significant residential growth, with new homes being built nearby. The property's location also provides easy access to area beaches. This prime location, combined with the flexible GC-2 zoning and the current development surge in Sanford, makes this a highly attractive investment for developers and entrepreneurs seeking a versatile and strategically positioned commercial property. The site's size and zoning provide ample opportunity for a variety of commercial ventures, capitalizing on the area's robust growth and strong demand.

Property profile

Verified
Property type Mixed-use properties
Total area 62,945 SF
Lot 1.45 ac (62,944 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4040 Fl-46 Sanford, FL 32771
Sanford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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