450 Monroe Rd Sanford, FL 32771
This exceptional 0.75-acre commercial land parcel presents a unique investment opportunity in the thriving city of Sanford, Florida. Located at 450 Monroe Road, this property boasts a highly desirable A-1 zoning designation, making it ideally suited for a wide range of commercial developments. Its strategic location offers excellent visibility from Monroe Road, a major thoroughfare with high traffic volume. The lot is situated directly across from a FedEx facility, ensuring high daily traffic and excellent brand exposure. Seminole County utilities are readily available, simplifying the development process. Sanford's robust growth trajectory, with a current population of 65,212 and an annual growth rate of 1.6%, further enhances the investment potential. Convenient access to major roadways, including I-4, SR-417, Rinehart Road, and Town Center Boulevard's retail corridors, provides unparalleled connectivity. Nearby established businesses include Aldi, BJ's Wholesale Club, 7-Eleven, and Pep Boys, indicating a strong and diverse commercial landscape. This fee-simple property, identified by APN 16-19-30-5AC-0000-00B3, is offered at $350,000 and represents a rare chance to acquire a prime piece of commercial real estate in a rapidly expanding market. Don't miss this opportunity to capitalize on Sanford's growth and build your future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.