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Property profile & analytics
OFF-MARKET Estimated value $550,000
Parking lots & garages

1121 Sanford Ave Sanford, FL 32771-2937

0.15 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-6322801
Property summary
AI-generated overview

This exceptional 0.57-acre property in Downtown Sanford, Florida (32771), presents a unique investment opportunity. Located at 1121 Sanford Ave, this mixed-use site boasts three buildings totaling 5,200 square feet of net rentable space, including a 1,520-square-foot office and a 3,680-square-foot warehouse. The property features 12-foot high overhead roll-up doors and 20-foot ceiling height at the building's center, along with three-phase electric service. Built in 1947, the single-story structures sit on four parcels and are currently vacant, with an occupancy date of August 19, 2024. The GC2 zoning permits a variety of uses, including auto repair, manufacturing, and automobile sales, making it ideal for diverse business ventures. The asking price is $589,000, or $294,500 per unit, representing a price per square foot of $113.27. This prime location in Sanford's Historic District offers high visibility and blends historic charm with modern business needs. The property is offered fee simple. A video walkthrough is available online.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.15 ac (6,400 SF)
APN 25-19-30-5AG-130A-0100
UPID US18-6322801
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Eastside Of Sanford Ave LLC · 1 yrs held
Eastside Of Sanford Ave LLC
since 2024
Last sale
$550,000
7 recorded transactions
2024
$550,000
2024
Price N/A
1999
$27,500
1991
$100,000
1987
$75,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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