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    1200 S French Ave Sanford, FL 32771
    Property profile & analytics

    1200 S French Ave Sanford, FL 32771

    View on Map
    • Bars & Pubs
    • 17,590 SF
    • 0.81 lot acres
    For Sale
    $4,850,000
    View Listing →
    Country Western Venue For Sale For Sale
    $4,850,000
    15,590 SF

    Country Western Venue For Sale

    Premier nightclub with established history, stage, dance floor, and VIP balcony.

    1200 S French Ave, Sanford, FL 32771
    View Listing
    Property ID
    US19-0688329
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Barn in Sanford / Nightclub / DJ & Entertainment

    Property Details for 1200 S French Ave

    Year built
    1940
    Construction
    WOOD FRAME
    Lot size
    0.81 lot acres
    Property size
    17,590 SF
    Property type
    Bars & Pubs
    APN
    25-19-30-5AG-1409-0010
    APU
    2519305AG14090010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2737
    Latitude
    28.8014
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,895
    $0.00
    $0.00
    $1,007,725
    -
    $212,057
    $795,668
    $1,007,725

    Comparable in this City

    • Value Estimation
      $1,000,000
      3,315 SF

      118 Palmetto Ave

      NIGHTCLUB (COCKTAIL LOUNGE) • 3,315 SF
      118 Palmetto Ave, Sanford, FL 32771-1332
      View Details
    • Value Estimation by Request
      9,208 SF

      116 1st St

      NIGHTCLUB (COCKTAIL LOUNGE) • 9,208 SF
      116 1st St, Sanford, FL 32771-1325
      View Details
    • Value Estimation by Request
      2,275 SF

      112 Park Ave

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,275 SF
      112 Park Ave, Sanford, FL 32771-1246
      View Details
    • Value Estimation
      $740,000
      1,650 SF

      100 White Cedar Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 1,650 SF
      100 White Cedar Rd, Sanford, FL 32771-6654
      View Details
    • Value Estimation
      $680,000
      8,817 SF

      200 Myrtle Ave

      NIGHTCLUB (COCKTAIL LOUNGE) • 8,817 SF
      200 Myrtle Ave, Sanford, FL 32771-1230
      View Details
    • Value Estimation
      $600,000
      4,876 SF

      3730 State Rd 46

      NIGHTCLUB (COCKTAIL LOUNGE) • 4,876 SF
      3730 State Rd 46, Sanford, FL 32771
      View Details

    Similar Nearby for Sale

    • $890,000
      1,650 SF

      Turnkey Sanford Bar and Grill

      Fully equipped bar and grill with real estate for sale.
      100 S White Cedar Rd, Sanford, FL 32771
      View Details
    • Contact for pricing
      8,900 SF

      Music Venue in Historic Downtown

      Unique music venue/bar in Historic Downtown Sanford for sale.
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    • $889,000

      Sanford Avenue Commercial Property

      Prime commercial property in Sanford's thriving waterfront district.
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    • $890,000
      1,650 SF

      Turnkey Sanford Hospitality Opportunity

      Fully licensed bar and grill with real estate for sale.
      100 S White Cedar Rd, Sanford, FL 32771
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    • $1,600,000
      3,890 SF

      Sanford Restaurant and Bar Opportunity

      Turnkey restaurant and bar in Historic Downtown Sanford.
      300 S Sanford Ave, Sanford, FL 32771
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    • $890,000

      Sanford Bar & Grill Opportunity

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      100 S White Cedar Rd, Sanford, FL 32771
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    Similar Nearby for Lease

    • Contact for pricing
      8,587 SF

      Restaurant or Ground Lease Opportunity

      8,516 SF restaurant space near Seminole Town Center.
      4649 W State Road 46, Sanford, FL 32771
      View Details
    • Contact for pricing

      Retail Space Near High Traffic Area

      Highly visible retail space near major retailers and transportation routes.
      4200 Symphony Cir, Sanford, FL 32771
      View Details
    • $25 SF/Yr
      14,550 SF

      Sanford Retail Opportunity

      Retail space available on a 1.75-acre lot.
      2821 W 25Th St, Sanford, FL 32771
      View Details
    • Contact for pricing

      Retail/Office Space Near Parkway

      Retail or office space with high visibility and strong demographics.
      4670 International Pkwy, Sanford, FL 32771
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space Near Seminole Mall

      Retail space available at Seminole Town Center entrance.
      110 Towne Center Blvd, Sanford, FL 32771
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near High-Traffic Road

      Retail space with ample parking in high-income area.
      5600 W State Road 46, Sanford, FL 32771
      View Details
    View Listing
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    1200 S French Ave
    Sanford, FL 32771
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1200 S French Ave, Sanford, FL, 32771
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