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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3715 S Orlando Dr Sanford, FL 32773

    • Community centers
    • 6,589 SF
    • 0.82 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3781657
    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.

    Current Use by Public Records

    • Tropical Smoothie Cafe / Cafe & Coffee Shop
    • GameStop / Arcade & Gaming Center / Electronics & Wireless Store
    • AT&T Store / Mobile Phone Store / Electronics & Wireless Store
    • Chipotle Mexican Grill / Restaurant / Take-out & Catering
    • AT&T - Internet Service Provider / Telecommunications Service / Data Center

    Property Details for 3715 S Orlando Dr

    Year built
    2003
    Construction
    CONCRETE BLOCKS
    Lot size
    0.82 lot acres
    Property size
    6,589 SF
    Property type
    Community centers
    APN
    11-20-30-5QU-0000-0040
    APU
    1120305QU00000040

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,850,000
      Market price range: $985k - $2.43M
      AI Estimate
      $1,850,000
      Market price range: $985k - $2.43M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,465,000
      Current use
      AUTO REPAIR, GARAGE
      $3,045,000
      Change: +108% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Seminole
    State
    Florida
    Longitude
    -81.2844
    Latitude
    28.7612
    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
    $20,999
    $0.00
    $0.00
    $1,273,978
    -
    $419,698
    $854,280
    $1,273,978

    Comparable in this City

    • Value Estimation by Request
      29,618 SF

      2921 Orlando Dr

      Lifestyle centers • 29,618 SF
      2921 Orlando Dr, Sanford, FL 32773
      View Details
    • Value Estimation
      $26,020,000
      174,152 SF

      3657 Orlando Dr, Unit 100

      MINI-MALL • 174,152 SF
      3657 Orlando Dr, Sanford, FL 32773-5611
      View Details
    • Value Estimation
      $1,395,000
      7,751 SF

      113 Lk Mary Blvd

      MINI-MALL • 7,751 SF
      113 Lk Mary Blvd, Sanford, FL 32773-7111
      View Details
    • Value Estimation
      $7,360,000
      61,862 SF

      3820 Orlando Dr

      MINI-MALL • 61,862 SF
      3820 Orlando Dr, Sanford, FL 32773-6184
      View Details
    • Value Estimation
      $3,855,000
      25,784 SF

      2701 Orlando Dr

      MINI-MALL • 25,784 SF
      2701 Orlando Dr, Sanford, FL 32773-5311
      View Details
    • Value Estimation
      $22,440,000
      10,988 SF

      300 Lk Mary Blvd

      MINI-MALL • 10,988 SF
      300 Lk Mary Blvd, Sanford, FL 32773-7442
      View Details

    Similar Nearby for Sale

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      Sanford Mixed-Use Commercial Complex

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    • $189,900
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      Sanford Retail Space: Prime Location!

      High-traffic retail space, low condo fees.
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      Sanford Retail Space - High ROI

      High-traffic retail space, leased through 2026.
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      Sanford Retail/Warehouse Opportunity on US 17-92

      21,240 SF retail/warehouse building with flexible layout and highway frontage.
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    • $800,000

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      Business and real estate for sale in superb location.
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    • $3,499,000
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      Former furniture store with showroom, warehouse, and office space.
      650 Lake Minnie Dr, Sanford, FL 32773
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    Similar Nearby for Lease

    • $0.01 SF/Yr
      29,618 SF

      Sanford Retail Condo - 29,618 SF

      Large Sanford retail space, ideal for diverse uses.
      2921 Orlando Dr, Sanford, FL 32773
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    • Contact for pricing
      2,600 SF

      Retail Space in Seminole Centre

      Retail space available in a busy Sanford shopping center.
      3655-3707 S Orlando Dr, Sanford, FL 32773
      View Details
    • Contact for pricing

      Retail Space in Seminole Center

      Prime retail space with high visibility and traffic.
      3653 South Orlando Dr, Sanford, FL 32773
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Seminole Centre

      Retail space available in a busy Sanford shopping center.
      3605-3639 S Orlando Dr, Sanford, FL 32773
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Seminole Centre

      Retail space available in a busy Sanford shopping center.
      3715 S Orlando Dr, Sanford, FL 32773
      View Details
    • Contact for pricing
      40,000 SF

      Sanford Retail Center Opportunity

      Prime Sanford retail space available.
      2670 Orlando Dr, Sanford, FL 32773
      View Details
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    3715 S Orlando Dr
    Sanford, FL 32773
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    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
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