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Property profile & analytics
OFF-MARKET
Motels

3200 Orlando Dr Sanford, FL 32773-5604

12,661 SF 3.66 ac lot Built 2011
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-4712048
Property summary
AI-generated overview

This exceptional 40,414 sq ft lakefront motel in Sanford, FL, presents a unique investment opportunity. Situated on a 3.66-acre lot near Orlando Sanford International Airport, this property boasts a prime location poised to benefit from the anticipated growth along the I-4 corridor. The well-maintained motel features numerous rooms, a swimming pool, and a commercial-grade kitchen, all in good condition. The property has a long history of profitability, yet untapped potential remains. A non-operational restaurant and conference room offer significant upside for a new owner. These spaces present opportunities to generate additional revenue streams through restaurant operations, event hosting, or leasing. The expansive lakefront property and dock provide further potential for revenue generation and enhanced guest experiences. The current owner has meticulously maintained the property for over 30 years, creating a well-established and successful business. The property's proximity to the airport and the I-4 corridor positions it ideally for future expansion and increased occupancy. There is also the potential to partner with a major franchise for additional incentives and brand recognition. This is a rare chance to acquire a significant hospitality asset on the cusp of substantial growth in a thriving area.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 2011
Construction CONCRETE
Total area 12,661 SF
Lot 3.66 ac (159,255 SF)
APN 11-20-30-300-0060-0000
UPID US18-4712048
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
  • Budget Inn Sanford Intl Airport Hotel & Motel
  • Pictobooth Entertainment Party Supply Store Rental Equipment Company
  • Budget INN SANFORD Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Milan Properties INC · 6 yrs held
Milan Properties INC
since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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