$1,900,000
$2,289,000
17.0%For more information regarding the value of a property, please contact us for a free consultation.
1400 W 1ST ST #1482 Sanford, FL 32771
19,156 SqFt
Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 19,156 sqft
Price per Sqft $99
MLS Listing ID O5716128
Sold Date 08/16/19
Construction Status Inspections
HOA Y/N No
Year Built 2009
Annual Tax Amount $43,833
Lot Size 2.050 Acres
Acres 2.05
Property Description
GREAT INVESTMENT OPPORTUNITY!!! LEXINGTON PLAZA is conveniently situated next to the CENTRAL FLORIDA REGIONAL HOSPITAL, the NEUROHEALTH SCIENCE CENTER and many more Medical facilities. Located in the heart of Sanford and only minutes from the Orlando/Sanford International Airport. This well-maintained shopping center is currently 82% lease and soon to be 100% starting August 1, current CAP rate at 9.2% and soon to be 9.83%, with 10% vacancy rate, without vacancy rate cap at 10.92% with ample parking, good exposure, outstanding visibility, pylon signage and strong demographics that includes traffic count exceeding 30K daily. Take advantage of this ever-increasing real estate growth in Central Florida, with an incredible value found in this investment.
Location
State FL
County Seminole
Zoning GC2
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Lot Description City Limits, Shopping Center, Paved
Lot Size Range Two + to Five Acres
Structure Type Block,Metal Frame
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with DILSON CAPUTO INTNL R. E. CORP