1121 Sanford Ave Sanford, FL 32771-2937
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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