46 Sanford Ave Sanford, FL 32771
This exceptional 2.47-acre commercial land parcel presents a remarkable investment opportunity in Sanford, Florida. Strategically located on State Road 46, the property boasts an impressive 332 feet of frontage, ensuring high visibility and accessibility. Zoned R1A with a General Commercial use code, this versatile land offers a wide range of development possibilities. Its prime location provides easy access to major transportation arteries, including Interstate 4, just one mile away, and a short 10-minute drive to SR 417 (Central Florida Greenway) and FL-429. The area is thriving with established businesses and convenient amenities. Nearby retailers, quick-service restaurants, and other businesses include Chick-fil-A, Aldi, BJ's Wholesale Club, Subway, Starbucks, Chase Bank, Wawa, and 7-Eleven, indicating a strong and growing commercial presence. The asking price is $1,990,000, translating to $802,419 per acre, reflecting the significant value and potential of this exceptional property in Seminole County, Florida, zip code 32771. This is a rare opportunity to acquire a substantial commercial land holding in a high-demand location with excellent access to major roadways and a vibrant commercial environment. The property's size and location make it ideal for a variety of commercial developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.