233 Bellagio Cir Sanford, FL 32771
- Commercial real estate
- 2,150 SF
- 0.04 lot acres
Current Use by Public Records
- Indian Express Sanford / Indian Restaurant / Indian Takeaway
- Donuts Galore and More / Donut Shop
Property Details for 233 Bellagio Cir
- Year built
- 2007
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.04 lot acres
- Property size
- 2,150 SF
- Property type
- Commercial real estate
- APN
- 28-19-30-520-0000-0110
- APU
- 28193052000000110
Description
This exceptional 2,150 square foot commercial suite, situated within the vibrant Fountains Market Place (a 75,500 square foot retail and professional hub constructed in 2007), presents a compelling investment opportunity. The two-story building features a high-quality concrete construction, boasting high ceilings and contemporary finishes. The strategic location behind a Super Walmart and across from a new apartment complex ensures high visibility and accessibility. Convenient access to major roadways, including Rinehart Road, I-4, and SR 417, further enhances its appeal. The upper level comprises three private offices, currently generating additional income through rental opportunities. The ground floor is currently operating as a restaurant with a growing customer base, allowing for immediate occupancy and operation. All existing assets within the property are available for purchase at an additional cost. This 0.04-acre property offers unmatched potential for expansion, relocation, or new business ventures in a rapidly developing area. The property's modern design and prime location make it an ideal choice for a variety of commercial uses. Don't miss this chance to acquire a thriving business with significant income potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $330,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $365,000
- Mixed-Use
- $370,000
- Hospitality
- $310,000
- Educational
- $370,000
- Residential Income
- $300,000
- Energy
- $345,000
- Income-Based Land
- $345,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.3247
- Latitude
- 28.8034
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
