Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2001 French Ave Sanford, FL 32771-3801
    Back to Search
    Property profile & analytics

    2001 French Ave, Sanford, FL 32771-3801

    View on Map
    • Grocery and convenience stores
    • 2,475 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US18-6753282
    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

    • Kevin's Corner Store / (Bike/Boat/Book/etc) Store / Bar & Pub
    • Western Union / Bank / Credit Union
    • Bitbox Bitcoin ATM / Atm

    Property Details for 2001 French Ave

    Year built
    2015
    Construction
    CONCRETE BLOCKS
    Lot size
    0.32 lot acres
    Property type
    Grocery and convenience stores
    APN
    36-19-30-534-0100-0010
    APU
    36193053401000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 21, 2024 — I Shree Enterprises LLC — Deed · related $64k · Atulkumar Gajjar
    Jul 30, 2015 — Star 333 Investments LLC — Trustees Deed · related $148k · Pradeep Patel
    Jul 20, 2015 $110,000 Star 333 Investments LLC Shah,abhishek Warranty Deed —
    Jul 30, 2014 $160,000 Abhishek Shah Hickory Point Industries INC Grant Deed $112k · Hickory Point Industries INC
    May 16, 2001 $63,000 Hickory Point Industries Greenwood,william N Grant Deed $63k · William N
    Jan 26, 2000 $35,000 William N Greenwood Hall,david G & Jan B Grant Deed —
    — — Star 333 Investments LLC — Deed Of Trust · related $405k · Stated Income Group LLC

    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
    -81.2727
    Latitude
    28.7938
    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
    $5,768
    $0.00
    $0.00
    $324,815
    -
    $115,797
    $209,018
    $324,815

    Comparable in this City

    • Value Estimation by Request
      1,685 SF

      1303 Sanford Ave

      CONVENIENCE STORE
      1303 Sanford Ave, Sanford, FL 32771-2962
      View Details
    • Value Estimation
      $3,430,000
      19,186 SF

      4160 State Rd 46

      GROCERY, SUPERMARKET
      4160 State Rd 46, Sanford, FL 32771
      View Details
    • Value Estimation by Request
      1,500 SF

      1113 Sanford Ave

      CONVENIENCE STORE
      1113 Sanford Ave, Sanford, FL 32771-2937
      View Details
    • Value Estimation
      $655,000
      2,520 SF

      1920 French Ave

      CONVENIENCE STORE
      1920 French Ave, Sanford, FL 32771-3846
      View Details
    • Value Estimation by Request
      2,369 SF

      1903 Country Clb Rd

      CONVENIENCE STORE
      1903 Country Clb Rd, Sanford, FL 32771-4090
      View Details
    • Value Estimation
      $1,305,000
      12,994 SF

      329 Sanford Ave

      GROCERY, SUPERMARKET
      329 Sanford Ave, Sanford, FL 32771-1968
      View Details

    Similar Nearby for Sale

    • $395,000
      1,320 SF

      Turnkey Sanford Convenience Store Opportunity

      Fully operational convenience store with real estate and inventory included.
      1805 Historic Goldsboro Blvd, Sanford, FL 32771
      View Details
    • $395,000

      Turnkey Convenience Store Opportunity

      Fully operational convenience store with real estate and inventory included.
      1805 Historic Goldsboro Blvd, Sanford, FL 32771
      View Details
    • Contact for pricing
      5,670 SF

      Downtown Sanford Historic Brick Building

      Renovated mixed-use building in Sanford's Historic District.
      108 S Park Ave, Sanford, FL 32771
      View Details
    • $2,300,000
      14,616 SF

      Sanford Retail Center - Prime Location

      Seven retail spaces, ample parking, great opportunity.
      2475 Park Ave, Sanford, FL 32771
      View Details
    • Contact for pricing
      4,930 SF

      Downtown Sanford Mixed-Use Building

      4,930 SF mixed-use building in Downtown Sanford, Florida.
      203 E 3Rd St, Sanford, FL 32771
      View Details
    • Contact for pricing
      1,285 SF

      Downtown Sanford Restaurant with Patio

      Turn-key restaurant in historic Sanford with outdoor seating.
      120 S Park Ave, Sanford, FL 32771
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      800 SF

      Sanford Retail/Office/Medical Space For Lease

      Prime commercial space suitable for retail, office, or medical use.
      2422 S French Ave, Sanford, FL 32771
      View Details
    • Contact for pricing
      2,550 SF

      Retail Space in Sanford, Florida

      Retail spaces available in large open-air shopping center.
      1101-2251 Wp Ball Blvd, Sanford, FL 32771
      View Details
    • Contact for pricing
      8,782 SF

      Sanford Retail Space on Corner

      Retail space on 2.57 acres at lighted intersection.
      20 Towne Center Cir, 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
    • Contact for pricing
      21,250 SF

      Sanford Retail Space For Rent

      21,250 SF retail space available in Sanford, Florida.
      351 Monroe Rd, Sanford, FL 32771
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2001 French Ave
    Sanford, FL 32771-3801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2001 French Ave, Sanford, FL, 32771
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!