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Property profile & analytics
OFF-MARKET Estimated value $735,000
Retail properties & Spaces

601 27th St Sanford, FL 32773-5100

1,488 SF 2.11 ac lot Built 1999
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US18-4032567
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1999
Construction CONCRETE BLOCKS
Total area 1,488 SF
Lot 2.11 ac (91,999 SF)
APN 01-20-30-512-0000-0010
UPID US18-4032567
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
  • Kens Starters & Alternators Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$737k
Blend (final) Blend
$735k
Owner & transaction history
Angelo Reali
Angelo Reali
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $685,000 +41.8%
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