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Property profile & analytics
OFF-MARKET Estimated value $3,210,000
Outlet malls

101 Towne Ctr Blvd Sanford, FL 32771-7404

30,130 SF 3.05 ac lot Built 1995
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3986238
Property summary
AI-generated overview

This exceptional 30,725-square-foot retail space, located at 101 Towne Center Blvd in Sanford, Florida (zip code 32771), presents a remarkable leasing opportunity. Situated within the Altamonte submarket cluster of Orlando, this single-tenant property boasts a prominent end-cap location in a thriving power center. Originally constructed in 1990 and extensively renovated in 2020, the building features a single story with a generous 15-foot ceiling height. The space is currently entirely vacant, offering 30,725 square feet of adaptable area. Previously occupied by a Toys "R" Us and a furniture store, this open-plan layout includes two convenient loading docks. Its versatile design makes it exceptionally well-suited for a wide range of retail uses, including grocery stores, apparel retailers, and creative retail concepts. The property's location within a high-traffic power center ensures significant visibility and accessibility for potential tenants. This is a rare opportunity to secure a large, well-located retail space in a dynamic market. The property is classified as Retail, Office, and Special Purpose, with a specific subtype of Medical Office, making it suitable for a variety of businesses.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1995
Construction CONCRETE BLOCKS
Total area 30,130 SF
Lot 3.05 ac (132,858 SF)
APN 29-19-30-503-0000-0020
UPID US18-3986238
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Collier's Furniture Expo Furniture & Home Goods Home Decor Store
  • Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.21M
Blend (final) Blend
$3.21M
Owner & transaction history
Standard Insurance Company · 4 yrs held
Standard Insurance Company
since 2022
6 recorded transactions
2022
Price N/A
2019
$17.3M
2019
Price N/A
2006
$29.7M
2004
$16.4M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $4.9M +17.2%
Warehouse, storage $4.8M +14.7%
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