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Multi-tenant complex w Owner Financing 601 W 27th St

30,654 SF 100% Leased Retail Building Sanford, FL 32773 $4,880,000 ($159/SF) 4.60% Cap Rate

Investment Highlights

  • Multi-tenant, multi-building investment propety with potential Seller Financing.
  • Retail businesses, warehouses, and mini-storage to max out the use of this parcel.
  • Located one block off 17-92 and minutes away from the Greeneway (417), Sanford International Airport, and historic downtown Sanford.
  • Located in booming downtown Sanford with a nice mix of long-term tenants.
  • City of Sanford CG-2 zoning allows a wide range of commercial uses.

Executive Summary

Multi-tenant, multi-building investment propety with potential Seller Financing. Located in booming downtown Sanford with a nice mix of long-term tenants. Retail businesses, warehouses, and mini-storage to max out the use of this parcel. City of Sanford CG-2 zoning allows a wide range of commercial uses. Located one block off 17-92 and minutes away from the Greeneway (417), Sanford International Airport, and historic downtown Sanford.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,654 SF
Building Class
C
Year Built
1999
Price
$4,880,000
Price Per SF
$159
Cap Rate
4.60%
NOI
$224,480
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.26 AC
Zoning
GC2 - GC-2 General Commercial
Frontage
73 FT on 27th St

Amenities

  • Pylon Sign

Nearby Major Retailers

Bravo
Addition Financial
Royal Bank of Canada
Bank of America
WingHouse Bar & Grill
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-20-30-512-0000-0010
Land Assessment
$345,920
Improvements Assessment
$917,159
Total Assessment
$1,263,079
  • Listing ID: 32824313

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 601 W 27th St, Sanford, FL 32773

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