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Property profile & analytics
FOR LEASE
Community centers

5600 W State Road 46 Sanford, FL 32771

9,384 SF 0.93 ac lot Built 2010
Entity Owned 19-yr Hold Free & Clear
Property ID
US18-6641027
Property summary
AI-generated overview

This exceptional retail opportunity presents 1,800 square feet of vacant space within the established Sanford Retail Plaza, located at 5600 W State Rd 46, Sanford, FL 32771. The plaza boasts a total of 9,384 square feet across four suites, situated on a 0.93-acre lot (40,511 square feet). The single-story building is zoned C-1, offering flexibility for a variety of retail uses. The property benefits from a high-income market and enjoys excellent visibility due to its location off the busy State Road 46. The plaza is conveniently located within one mile of a new Starbucks/Chipotle development, ensuring high foot traffic and customer exposure. Ample parking is available for customers and employees. The vacant space features an open ceiling design and includes one ADA-compliant restroom. The lease rate is $26 per square foot per year, NNN. This is an ideal location for businesses seeking high visibility and access to a thriving consumer base in Sanford, Florida. The property's strategic location and attractive features make it a compelling investment opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2010
Construction CONCRETE BLOCKS
Total area 9,384 SF
Lot 0.93 ac (40,511 SF)
APN 30-19-30-514-0000-0010
UPID US18-6641027
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
  • Fresh Cleaners (Bike/Boat/Book/etc) Store
  • Camp 9 Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.66M
Blend (final) Blend
$2.66M
Owner & transaction history
Orange 46 Plaza LLC · 19 yrs held
Orange 46 Plaza LLC
since 2007
4 recorded transactions
2010
Price N/A
2007
Price N/A
2005
$500,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $4.3M +107.9%
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