Technical
Financial
Distress signals
Property profile

509 7th St Sanford, FL 32771

OFF-MARKET
Retail space
Property ID
US18-0975580
2,208 SF 0.19 ac lot Built 1939
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property at 509 E 7th Street, Sanford, FL, offers a unique investment opportunity. Spanning 3,586 square feet on a 0.19-acre lot, this established business boasts a prime downtown location within a thriving community. Operating for over 50 years, the property features a well-equipped layout including a walk-in cooler, ample storage, and flexible space suitable for office or expanded food preparation. Recent upgrades include a new AC system, updated electric breakers, an ANSUL fire suppression system, and a new gas line, ensuring both safety and efficiency. All essential appliances are included in the sale, encompassing multiple refrigerators, display units, a stove, and three natural gas fryers with a galvanized hood. The current business model offers a diverse range of products and services, including pantry staples, household goods, prepared chilled foods, and made-to-order takeout meals. A significant advantage is the inclusion of a lottery license and a beer and wine (to-go) license, presenting substantial potential for future growth and expansion. This is a chance to acquire a piece of Sanford's history while contributing to its vibrant future. The asking price is $599,950.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1939
Construction WOOD FRAME
Total area 2,208 SF
Lot 0.19 ac (8,184 SF)
APN 25-19-30-5AG-090B-0010
UPID US18-0975580

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
  • Grocery & Convenience Store Food Market
  • Grocery & Convenience Store
  • Restaurant

Location

509 7th St Sanford, FL 32771-2637
Sanford metro Census 20102 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
$215k

Owner & transaction history

since 2021
Last sale
$220,000
3 recorded transactions
2021
$220,000
2001
$90,000
1997
$80,000

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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