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Property profile & analytics
FOR SALE
Retail properties & Spaces
200 French Ave Sanford, FL 32771
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-0872009
No photos on file
For Sale
$800,000
200 French Ave, Sanford, FL 32771
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1964
Construction
CONCRETE
Total area
10,200 SF
Lot
0.67 ac (29,250 SF)
APN
25-19-30-5AG-0109-0010
UPID
US18-0872009
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
-
Needle Fiend Tattoo Tattoo & Piercing Shop
-
Adult And Adolescent Womens Health Physician
-
Legacy Wine & Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Downtown PowerSports and Marine (Bike/Boat/Book/etc) Store Car Dealership
-
Mega 4x4 Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.48M
Owner & transaction history
Seepo INC · 8 yrs held
Seepo INC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$145 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,069
Tax year 2023
Assessed value
$454,386
Assessed 2023
Previous assessed
$442,802
+2.6% YoY
Effective rate
1.78%
On assessed value
Land market value
$239,821
Improvement market value
$214,565
Total market value
$454,386
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
For Sale
Year built
1964
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
3
Total area
10,200 SF
Lot
0.67 ac (29,250 SF)
APN
25-19-30-5AG-0109-0010
UPID
US18-0872009
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1964
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.67 ac
Current owner
From public records · entity-resolved
Seepo INC
Entity
Mailing address
4124 STOURBRIDGE CMN CIR, ALPHARETTA, GA 30004-4620
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2025
—
Seepo INC
—
Deed
related
$490,000 · Stearns Bank NA
Feb 13, 2024
—
E&i Logistics LLC
—
Deed
related
$400,000 · King Sy Of Central Florida IV INC
May 22, 2023
—
Seepo INC
—
Deed
related
$450,000 · Sullivan Legal PC
May 29, 2018
$263,500
Seepo INC
Surna Construction Group INC
Special Warranty Deed
$213,500 · Morgage Lending Trust
Jul 25, 2016
—
Fullcreek 4x4 LLC
Bomfim,saulo & Licia
Quit Claim Deed
related
—
May 13, 2016
$105,100
Trust 15-629
Pierre,gerald Coc
Trust Deed
—
Mar 31, 2016
$380,000
Saulo Bomfim
Dg Bear LLC
Warranty Deed
—
Sep 27, 2000
$400,000
D G Bear LLC
Marshall,william P & Deborah H
Grant Deed
—
Jun 18, 1997
$322,428
William P Marshall
Farmer,vivian P
Grant Deed
$175,000 · Fidelity Bank Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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