Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    361 White Cedar Rd Sanford, FL 32771-6650
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    361 White Cedar Rd Sanford, FL 32771-6650

    View on Map
    • Manufacturing properties
    • 19,896 SF
    • 4.53 lot acres
    Off-Market
    Property ID
    US18-8829480
    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
    $3,915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CLX Engineering / Automation Company / Industrial Engineer

    Property Details for 361 White Cedar Rd

    Year built
    2019
    Construction
    TILT-UP CONCRETE
    Lot size
    4.53 lot acres
    Property size
    19,896 SF
    Property type
    Manufacturing properties
    APN
    26-19-30-5AE-0400-0000
    APU
    2619305AE04000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,916,000
      Market price range: $1.49M - $4.86M
      AI Estimate
      $3,916,000
      Market price range: $1.49M - $4.86M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,505,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,420,000
      Change: +77% Conversion: Difficult
      OFFICE BUILDING
      $3,230,000
      Change: +29% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,160,000
      Change: +26% Conversion: Easy
      RETAIL STORES
      $2,755,000
      Change: +10% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.3132
    Latitude
    28.8061
    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
    $50,914
    $0.00
    $0.00
    $3,074,616
    -
    $960,982
    $2,113,634
    $3,074,616

    Comparable in this City

    • Value Estimation by Request
      215,177 SF

      3205 St Johns Pkwy

      Distribution properties • 215,177 SF
      3205 St Johns Pkwy, Sanford, FL 32771
      View Details
    • Value Estimation by Request
      1,696 SF

      303 Brown Ave

      MANUFACTURING (LIGHT) • 1,696 SF
      303 Brown Ave, Sanford, FL 32771
      View Details
    • Value Estimation
      $4,465,000
      59,472 SF

      301 Brown Ave

      MANUFACTURING (LIGHT) • 59,472 SF
      301 Brown Ave, Sanford, FL 32771-1608
      View Details
    • Value Estimation
      $1,330,000
      5,448 SF

      701 Central Park Dr

      MANUFACTURING (LIGHT) • 5,448 SF
      701 Central Park Dr, Sanford, FL 32771-6694
      View Details
    • Value Estimation
      $1,770,000
      7,239 SF

      2100 Country Clb Rd

      MANUFACTURING (LIGHT) • 7,239 SF
      2100 Country Clb Rd, Sanford, FL 32771-4051
      View Details
    • Value Estimation
      $10,245,000
      98,750 SF

      699 Aero Ln

      MANUFACTURING (LIGHT) • 98,750 SF
      699 Aero Ln, Sanford, FL 32771-6699
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,535 SF

      Sanford Food Production Facility

      Equipped food production facility with cold storage in Sanford, Florida.
      401 W 13Th St, Sanford, FL 32771
      View Details
    • $1,200,000

      Sanford Commercial Development Opportunity

      Prime 10.95-acre commercial land in a high-traffic Sanford corridor.
      2700 W 25Th St, Sanford, FL 32771
      View Details
    • $699,900
      1,740 SF

      Sanford Industrial Property with Fenced Yard

      2,695 SF industrial property with fenced outdoor storage.
      414 W 9Th St, Sanford, FL 32771
      View Details
    • $999,900

      Sanford Industrial Land For Sale

      Buildable industrial land suitable for self-storage or warehouse development.
      2175 W 25Th St, Sanford, FL 32771
      View Details
    • Contact for pricing
      116,500 SF

      Sanford Warehouse and Office Buildings

      Five warehouse/office buildings with highway frontage and easy I-4 access.
      Church St And Monroe Rd, Sanford, FL 32771
      View Details
    • $699,900
      1,740 SF

      Sanford Industrial Property with Fenced Yard

      2,695 SF Sanford industrial property on 0.43 acres.
      414 W 9Th St, Sanford, FL 32771
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      56,123 SF

      Sanford Warehouse/Distribution Sublease Opportunity

      56,123 SF sublease suitable for manufacturing, warehouse, and distribution.
      2152 Martin Luther King Junior Blvd, Sanford, FL 32771
      View Details
    • Contact for pricing

      Premier Class A Industrial Development

      Class A industrial park in Sanford with modern logistics features.
      3503 St. Pkwy John's, Sanford, FL 32771
      View Details
    • Contact for pricing

      Industrial Flex Unit For Lease

      Multi-tenant industrial/flex unit near FL-417 and Sanford Airport.
      2499 Old Lake Mary Rd, Sanford, FL 32771
      View Details
    • $11 SF/Yr
      5,000 SF

      Sanford Warehouse Space Available

      5,000 SF flex warehouse space for lease in Sanford.
      230 Power Ct, Sanford, FL 32771
      View Details
    • Contact for pricing

      Flex/Warehouse Space in Sanford, FL

      Flex/warehouse space available for lease in Sanford, Florida.
      329 Monroe Rd, Sanford, FL 32771
      View Details
    • Contact for pricing

      Sanford Warehouse with Modernized Facade

      40,000 SF warehouse space with upgraded features available for lease.
      501 Codisco Way, 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.
    361 White Cedar Rd
    Sanford, FL 32771-6650
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!