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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Gas stations
2413 French Ave Sanford, FL 32771-4249
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0512453
Property summary
AI-generated overview
This exceptional retail property, located at 2413 S French Ave in Sanford, Florida (32771), presents a lucrative investment opportunity. The 4,396 square foot building, constructed in 1960, sits on a half-acre lot (0.49 acres) and boasts C-1 zoning. The property includes an additional 1,888 square feet under canopy, expanding its functional space. Its strategic location on French Avenue ensures high visibility, with over 29,700 cars passing daily. The building offers convenient access to the rear, enhancing operational efficiency. Its proximity to Sanford Airport, downtown Sanford, and major highways like the 417 provides excellent accessibility. The property is currently vacant, making it ideal for an owner-operator seeking a turnkey solution. The asking price is $799,000, translating to $181.76 per square foot. This represents a strong value proposition in a high-demand market. The property's size, location, and zoning make it suitable for a variety of automotive-related businesses. Don't miss this chance to acquire a prime retail space in a thriving Florida community.
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1960
Construction
CONCRETE BLOCKS
Total area
2,896 SF
Lot
0.27 ac (11,958 SF)
APN
36-19-30-538-0000-0050
UPID
US19-0512453
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$785k
Blend (final)
Blend
$645k
Owner & transaction history
Sunshine Rentals Of Florida LLC · 1 yrs held
Sunshine Rentals Of Florida LLC
since 2025
Last sale
$510,000
6 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
$645k
Range $581k – $710k · ±10% · vs last sale $510k (Nov 28 2024)
Last sale anchor
$510k
Nov 28 2024
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
$223 / 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
$4,944
Tax year 2023
Assessed value
$278,407
Assessed 2023
Previous assessed
$275,752
+1.0% YoY
Effective rate
1.78%
On assessed value
Land market value
$98,893
Improvement market value
$179,514
Total market value
$278,407
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1960
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
1
Total area
2,896 SF
Lot
0.27 ac (11,958 SF)
APN
36-19-30-538-0000-0050
UPID
US19-0512453
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
1960
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Sunshine Rentals Of Florida LLC
Entity
Mailing address
2223 SW 2ND ST, POMPANO BEACH, FL 33069-3101
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
$510,000
Sunshine Rentals Of Florida LLC
Abso LLC
Warranty Deed
$510,000 · Bank Of America NA
Jun 3, 2020
—
Abso LLC
—
Deed
related
$212,000 · Five Star Cap Grp LLC
Oct 23, 2019
$295,000
Abso LLC
Dirty Properties LLC
Warranty Deed
—
Nov 1, 2007
—
Narendranath Singh
Owner,record
Grant Deed
related
—
Aug 6, 2007
$500,700
Narendranath Singh
Rudy Otto Arnold
Warranty Deed
$425,000 · Silver Hill Financial LLC
—
—
Abso LLC
—
Deed Of Trust
related
$212,000 · Five Star Cap Grp LLC
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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