Technical
Financial
Distress signals
Property profile

1001 1st St Sanford, FL 32771

OFF-MARKET
Office buildings
Property ID
US18-7239515
18,064 SF 0.61 ac lot Built 1971
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents two buildings totaling 1,952 square feet situated on a prime corner lot in Sanford, Florida. The property, located at 1001 W 1st St, boasts three convenient access points, ensuring high visibility and accessibility for any future business. Currently vacant, this mixed-use property offers significant potential for a variety of commercial ventures. The zoning is General Commercial, allowing for flexibility in development plans. The lot size ranges from 0.75 to 0.9 acres, providing ample space for expansion or additional construction. The asking price is $850,000, translating to $435.45 per square foot. The property's location near the rapidly growing Historic Downtown Sanford offers excellent potential for high foot traffic and strong tenant demand. This is an ideal investment for those seeking a high-visibility location with redevelopment potential in a thriving area. The property includes two buildings, each one story, and features a convenient store, pharmacy/drug store, and storefront subtype. The APN is 19-30-25-5AG-0Z00-0010. This is a rare opportunity to acquire a significant commercial property in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction CONCRETE BLOCKS
Total area 18,064 SF
Lot 0.61 ac (26,466 SF)
APN 30-19-31-507-0L00-0010
UPID US18-7239515

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 1st St Sanford, FL 32771-1459
Sanford metro Census 20201 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.91M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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