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32687997
32687994

3221 S ORLANDO DR, SANFORD, FL 32773-5603

Starr Real Estate LLC
Starr Real Estate LLC
Listed by Starr Real Estate LLC
$1,500,000
22 days on market
Updated 21 days ago

3221 S ORLANDO DR SANFORD FL 32773-5603

Details
APN 112030300006B0000
Property Type Retail, Business for Sale
Sub Type Restaurant, Business and Building
Square Footage 2,418
Units 25
Cap Rate 5.34%
NOI $80,036
Price per SqFt $620
Year Built 1964
Stories 1
Lot Size (SqFt) 24,828
Parking Spaces 25 spaces
Parking Per SqFt 10.34
Investment Type Owner/User
Ground Lease No

High-visibility Restaraunt on High Traffic Road of South Orlando Drive in Sanford

Marketing description

Established neighborhood diner with strong local brand recognition and loyal repeat customer base

Prime frontage along heavily traveled US-17/92 (S Orlando Dr) with outstanding visibility and signage exposure

Classic hometown diner atmosphere serving breakfast and lunch favorites in a growing Central Florida market

Located within minutes of Downtown Sanford, Lake Monroe waterfront, Orlando Sanford International Airport, and Interstate-4

Strong surrounding daytime population driven by nearby retail, industrial, service, and residential growth

Positioned in one of Seminole County’s most active commercial corridors connecting Sanford to Lake Mary and Orlando

High traffic counts and easy accessibility with ample on-site parking

Popular destination for both local residents and travelers throughout the greater Orlando metro area

Well-established operational footprint with approximately 93 seats and longstanding community presence

Opportunity for owner-user, restaurant operator, or investor seeking an iconic local dining location in a rapidly expanding market

Investment highlights

Mel's Diner is a long-standing local favorite known for classic American breakfast and lunch fare, generous portions, and a true old-school diner atmosphere. The restaurant has built a loyal following over the years with comfort-food staples, southern-style breakfasts, burgers, sandwiches, and daily specials that cater to both locals and travelers passing through the Sanford corridor. The diner seats approximately 93 guests and has become a recognizable neighborhood staple along busy South Orlando Drive.

The property benefits from excellent visibility along US-17/92 (South Orlando Drive), one of Sanford’s primary commercial corridors connecting Sanford, Lake Mary, Longwood, and the greater Orlando market. The area sees strong daily traffic counts and a healthy mix of retail, service businesses, automotive users, restaurants, and workforce housing, making it a highly active commercial trade area. This well-recognized restaurant benefits from outstanding visibility, strong surrounding demographics, and close proximity to Downtown Sanford, Orlando Sanford International Airport, and the greater Central Florida growth market.”

Listing Contacts

Starr Real Estate LLC
Starr Real Estate LLC
Listed by Starr Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$80,036.00
$6,669.67/mo

Valuation Metrics

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DSCR
5.34%
Cap Rate
5.34%
ROI

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