Discover an exceptional investment opportunity in the heart of Sanford, Florida. This well-positioned retail center offers a compelling blend of steady income and significant upside potential, making it an ideal addition to any savvy investor’s portfolio. This retail center represents a rare find in today’s market – a stabilized asset with clear pathways to value appreciation. The current below-market rents provide an immediate opportunity to boost returns as leases roll over within the next year. Savvy investors will recognize the potential to not only secure a reliable income stream but also to significantly increase the property’s value through proactive management and strategic upgrades. The strong Sanford location ensures continued demand for retail space.
Property Details
Price:
$1,250,000
MLS #:
O6236279
Status:
Active
Beds:
0
Baths:
0
Address:
2563 PARK DRIVE
Type:
Commercial
Subtype:
Retail
Subdivision:
504
Neighborhood:
32773 – Sanford
City:
SANFORD
Listed Date:
Aug 27, 2024
State:
FL
Finished Sq Ft:
10,623
Total Sq Ft:
10,623
ZIP:
32773
Lot Size:
31,363 sqft / 0.72 acres (approx)
Year Built:
1957
Schools
Interior
Cooling
Wall/ Window Unit(s)
Exterior
Construction Materials
Concrete, Wood Siding
Roof
Built- Up
Financial
Tax Year
2023
Taxes
$8,845
Map
Community
- Address2563 PARK DRIVE SANFORD FL
- Subdivision504
- CitySANFORD
- CountySeminole
- Zip Code32773
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2563 PARK DRIVE
SANFORD, FL
LIGHTBOX-IMAGES