Property profile

2516 Sanford Ave Sanford, FL 32773

FOR SALE
Retail space
Property ID
US19-0879492
3,570 SF 0.57 ac lot Built 1942
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A three-building commercial complex totaling approximately 4,093 square feet on a 0.71-acre site, located near the intersection of Sanford Ave and 25th St in Sanford along an active commercial corridor. Building 1 is approximately 2,583 square feet and is configured for restaurant use with a completed, outfitted interior and included food-service equipment, suitable for owner-operator or investor occupancy. Building 2 includes an approximately 400-square-foot one-bedroom, one-bath apartment above approximately 400 square feet of open flex space, supporting a live/work or combined residential and business setup. Building 3 is approximately 1,110 square feet of wide-open flex space adaptable for uses such as storage, retail, creative workspace, service business, or expansion of on-site operations. The property is zoned for general commercial uses and features generous on-site parking to support retail, service, or restaurant activity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1942
Construction CONCRETE
Total area 3,570 SF
Lot 0.57 ac (24,710 SF)
APN 01-20-30-506-0000-0070
UPID US19-0879492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2516 Sanford Ave Sanford, FL 32773
Sanford metro Census 20902 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2013
4 recorded transactions
2013
Price N/A
2012
Price N/A
2007
$399,000
1997
$19,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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