New-to-Market Retail Development Opportunity
Land
Marketing description
The ±10.11 acres of vacant retail land is located the corner of US Hwy 17-92 and Senator Lane in Sanford, FL. The site is well located just south of a dense and mature retail trade area. This area offers a mix of dense permanent residential and daytime employee populations with a permanent population of 166,007 people and 81,638 employees within 5 miles. Being situated at a signalized intersection, the site offers excellent access and exposure to heavily trafficked US Hwy 17-92 directly across from Seminole State College’s Sanford Campus and Seminole County’s Courthouse. The property is ideal for a multitude of retail uses which include quick service restaurant, gas station/c-store, fast food restaurants, medical office, automotive service and repair and financial institutions.
Investment highlights
Rectangular, fully developable land parcel offering flexibility for a range of potential development uses which include quick service restaurant, gas station/c-store, fast food restaurants, medical office, automotive service and repair and financial institutions
Approximately 880 multifamily residential units are currently in the planning phase, supported by infrastructure improvements including a proposed connector road linking US Highway 17-92 with Ronald Reagan Blvd
Strategically positioned within the greater Orlando Metropolitan Area - immediately south of an established and high-performing retail corridor, offering strong market visibility and accessibility
Prominently located at a signalized intersection along US Highway 17-92, with direct frontage exposure to approximately 30,799 vehicles per day
Situated within a densely populated trade area, with 166,007 residents and a median household income of $79,634 within a five-mile radius
Area experiencing consistent residential expansion, supported by multiple ongoing and planned multifamily and single-family housing developments
Benefits from a strong daytime population due to proximity to major institutional and employment centers, including Seminole State College, the Seminole County Courthouse, and a nearby industrial park
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