3650-3735 Naseem Ln Sanford, FL 32771
- Warehouses
- 37,800 SF
- 2.33 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3650-3735 Naseem Ln
- Lot size
- 2.33 lot acres
- Property size
- 37,800 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
Exceptional investment opportunity: 786 Industrial Park, a 37,800 square foot warehouse portfolio in Sanford, Florida, is available for $6,000,000. This property boasts a 6.7% cap rate (as of June 1, 2024) and a 100% occupancy rate, generating a net operating income of $380,000. The park comprises ten individual condo buildings situated on a 2.33-acre lot, offering flexibility for buyers to either hold the entire portfolio or sell individual units. Each building features 18-foot clear ceiling heights, 14' x 12' grade-level overhead doors, and 3-phase, 400-amp electrical service. Constructed with metal buildings and roofs, the property is zoned GC-2, permitting commercial and light industrial uses. Strategically located directly across from Orlando Sanford International Airport, this prime location provides easy access to major roadways including SR 46, Lake Mary Boulevard, US Highway 17-92, SR 417 (GreeneWay), and I-4. The land value is $159 per square foot. This rare opportunity presents a strong return on investment in a rapidly growing area.
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
- -81.2251
- Latitude
- 28.7878
