601 27th St Sanford, FL 32773-5100
- Retail properties
- 1,488 SF
- 2.11 lot acres
Current Use by Public Records
- Kens Starters & Alternators / Auto Parts Store
Property Details for 601 27th St
- Year built
- 1999
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.11 lot acres
- Property size
- 1,488 SF
- Property type
- Retail properties
- APN
- 01-20-30-512-0000-0010
- APU
- 1203051200000010
Description
This exceptional investment opportunity encompasses a 30,654 square foot multi-tenant, multi-building retail property situated on a generous 2.26-acre lot in the thriving downtown Sanford, Florida area. The property boasts a desirable mix of long-term tenants, including retail businesses, warehouses, and mini-storage units, maximizing the utilization of the land. The strategic location, just one block from the heavily trafficked 17-92 highway, provides excellent visibility and accessibility. Furthermore, its proximity to the Greeneway (417), Sanford International Airport, and the historic downtown Sanford district ensures high traffic volume and strong potential for future growth. The property is zoned CG-2 by the City of Sanford, offering a wide array of permitted commercial uses, providing flexibility for future development or tenant diversification. The asking price is $4,880,000, and seller financing may be available, making this an attractive proposition for investors seeking a strong return on investment in a rapidly developing market. This portfolio presents a rare chance to acquire a well-established, income-producing property with significant upside potential in a prime location. The existing tenant base provides immediate cash flow, while the flexible zoning and strategic location offer considerable long-term growth opportunities. Detailed financial information and tenant occupancy details are available upon request.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $736,000
- AI Estimate
- $736,000
Market price range: $215k - $737kMarket price range: $215k - $737k -
Alternative Use
- Use
- Estimation
- SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
- $485,000 Current use
- AUTO REPAIR, GARAGE
- $685,000 Change: +42% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2734
- Latitude
- 28.7778
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA