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25699005
25699006

490 W Lake Mary Blvd, Sanford, FL 32773 For Sale

HD
FL FL3219400
Coldwell Banker Orlando
Listed by Coldwell Banker Orlando
$2,000,000
July 20th, 2026 7:00 pm
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490 W Lake Mary Blvd

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Net Rentable (SqFt) 968
Pumps 4
Cap Rate 5.37%
NOI $107,364
Occupancy 100%
Brand/Tenant Exxon Mobile
Lease Options None at this time
Broker Co-Op Yes
Class A
Year Built 1985
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.990
Zoning General Commercial
Parking Spaces 21 spaces
Investment Type Owner/User
Ground Lease No
Ownership LLC

Retail | 5.37% CAP

Marketing description

Corner Lot, Fully Functional / Operational Gas Station with C-Store.

Business is included

Residential Neighborhood with Regular Clientele.

Heavy Traffic area, with Food Trucks On-Site. Business is for Lease as well.

11% Growith is predicited for Lake Mary.

Gas Sales in-excess of 45K Gallons per Month, and Increasing.

250-Unit Residential Building Due to Start Construction

Seminole State College and Lake Mary High School nearby.

Investment highlights

Fuel Sales in-excess of $155,000 Annually

Total inside and outside Gross Income; in-excess of $225,000

Gas Sales in-excess of 45K Gallons per Month, and Increasing.

250-Unit Residential Building Due to Start Construction 2 Blocks away.

Seminole State College nearby; with Residential Homes and Townhomes behind Store.

The area is Booming; the expected increase of population is about 11% per Year.

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Listing Contacts

HD
FL FL3219400
Coldwell Banker Orlando
Listed by Coldwell Banker Orlando

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,364.00
$8,947.00/mo

Valuation Metrics

0
DSCR
5.37%
Cap Rate
5.37%
ROI

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Additional Information

Name
Hank Dajani
License
FL3219400
Brokerage
CBC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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