Bought with
For more information regarding the value of a property, please contact us for a free consultation.
1400 W 1ST ST #1482 Sanford, FL 32771
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Year Built 2009
Annual Tax Amount $43,833
Lot Size 2.050 Acres
Property Sub-Type Retail
New Construction false
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
Area 32771 - Sanford/Lake Forest
Zoning GC2
Interior
Cooling Central Air
Building
Lot Description City Limits, Shopping Center, Paved
Structure Type Block,Metal Frame
New Construction false
Others
Special Listing Condition None
Read Less
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
GET MORE INFORMATION