2621 Sanford Ave Sanford, FL 32773
- Distribution centers
- 2,400 SF
- 0.42 lot acres
Current Use by Public Records
- Franchise Auto Sales / Used Car Dealer
Property Details for 2621 Sanford Ave
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 0.42 lot acres
- Property size
- 2,400 SF
- Property type
- Distribution centers
- APN
- 06-20-31-503-0600-0020
- APU
- 6203150306000020
Description
This exceptional 2,400 square foot industrial property presents a rare investment opportunity in the heart of Sanford, Florida. Situated on a 0.42-acre lot, this versatile building is currently configured as a car sales lot with approved repair capabilities, making it ideal for automotive businesses or similar commercial ventures. The property boasts a well-designed layout, featuring approximately 2,400 square feet of space divided into a front office area with multiple private offices and a rear shop equipped with two vehicle lifts. Ample parking is available, with approved space for approximately 50 vehicles, strategically located both in front and behind the building. Its prime location offers unparalleled convenience, just minutes from the Orlando Sanford International Airport and major highways including the 417 and I-4. The property's proximity to vibrant Downtown Sanford (less than two miles) adds to its appeal. This property benefits from highly sought-after zoning, ensuring flexibility for a wide range of commercial uses. This is a unique chance to acquire a thriving commercial asset in a rapidly growing market. The property's combination of size, location, and zoning makes it an exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $380,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $390,000
- Mixed-Use
- $355,000
- Hospitality
- $370,000
- Educational
- $375,000
- Residential Income
- $410,000
- Energy
- $365,000
- Income-Based Land
- $315,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2643
- Latitude
- 28.7805
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA