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Financial
Distress signals
Property profile

209 N Oak Ave Sanford, FL 32771

FOR SALE
Office buildings
Property ID
US18-3908406
6,032 SF 0.1 ac lot Built 1887
Last sale Aug 2012 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The PICO Building is a historic landmark in Sanford dating to 1887, located in the Downtown Sanford Community Redevelopment Area and within two blocks of Lake Monroe. The property is zoned SC-3, which allows for uses including retail, restaurant, office, and multifamily residential. It is configured with a lower level intended for a bar/restaurant and an upstairs level with plans for three apartments. The property is not located in a flood zone.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$282k
Effective rate1.69%

Value estimate

· Oct 2026
$175k
$158k – $193k
Submarket $/SF estimate$639k
NOI build-up
Gross scheduled income$145k
Vacancy & credit loss−$17k
Operating expenses−$48k
NOI · 8.85% cap applied$80k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$106 – $230
Qualifying comparables7

Cap rate analysis

How does the asset earn?
8.85%
$80k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSEMINOLE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.2
Electrical Service11.1
Realty agency10.7

Location

209 N Oak Ave Sanford, FL 32771
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2450 Laurel, Sanford, FL 32771-4445 $1,700,000 Jan 2026 8,460 SF
1701 1st, Sanford, FL 32771-1605 $940,000 Oct 2024 8,547 SF
209 San Carlos, Sanford, FL 32771-1412 $700,000 Jun 2024 5,073 SF
203 3rd, Sanford, FL 32771-1879 $825,000 Apr 2022 4,930 SF
902 Persimmon, Sanford, FL 32771-2320 $3,357,000 Aug 2021 5,952 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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