145 Monroe Rd Sanford, FL 32771
- Commercial real estate
- 0.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 145 Monroe Rd
- Lot size
- 0.43 lot acres
- Property type
- Commercial real estate
- APN
- 28-19-30-503-0000-0130
- APU
- 28193050300000130
Description
Exceptional opportunity to acquire a highly desirable 0.5-acre commercial land parcel situated at 145 Monroe Rd, Sanford, FL 32771. This fee-simple property, with APN 28-19-30-503-0000-0130, is zoned C-1, offering significant development potential. Located in a high-traffic area with excellent visibility from Monroe Road, the property benefits from its proximity to a shopping center and convenient access to major thoroughfares including I-4, SR-417, Rinehart Road, and Town Center Blvd. Sanford, a thriving city in Seminole County, boasts a population of 65,212 (2024 estimate) and is experiencing robust annual growth. This .5-acre lot presents a rare chance to establish a business in a dynamic and rapidly developing area. The asking price is $279,900. Don't miss this chance to secure a prime location for your future business venture. This property is ready for your development plans. Many possibilities exist at this location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $145,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $130,000
- 6.5%
- $125,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $135,000
- Geo Method
- $130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $115,000
- Retail
- $110,000
- Mixed-Use
- $145,000
- Hospitality
- $125,000
- Educational
- $105,000
- Residential Income
- $130,000
- Energy
- $120,000
- Income-Based Land
- $110,000
- Food Service
- $130,000
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.3224
- Latitude
- 28.8129
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
