Richmond Ave Sanford, FL 32773
- Land
- 19.06 lot acres
Current Use by Public Records
- Land
Property Details for 0 Richmond Ave
- Lot size
- 19.06 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 19.06-acre land parcel in Sanford, Florida, presents a unique investment opportunity. Located less than a mile from Sanford International Airport, this A1-zoned property offers significant potential for diverse development. The future land use designation is HIPAP (High Intensity Planned Development Airport), permitting a wide range of uses including airport-supportive commercial, business park, industrial park, warehousing, office space, public service facilities, and open space/preserve. The property's strategic location within Seminole County, a highly desirable area known for its strong economy and family-friendly environment, further enhances its appeal. Seminole County boasts a robust labor force exceeding 250,000 with an average hourly wage of $26.50. The recent $65 million expansion of Sanford International Airport, now serving over 3 million passengers annually and offering 75+ nonstop destinations, underscores the area's dynamic growth. This prime location, coupled with the permitted zoning and future land use designation, makes this a compelling investment for developers seeking to capitalize on the region's thriving commercial and industrial sectors. The property's APN is 0320315010B000060. The asking price is $3,000,000, translating to approximately $157,398 per acre. This represents a significant opportunity to acquire a substantial land holding in a rapidly developing area with excellent infrastructure and access to a large, skilled workforce.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2041
- Latitude
- 28.7837
