601 27th St Sanford, FL 32773-5100
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.
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Kens Starters & Alternators Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.