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1780 Rinehart Rd - Rinehart Towers 1.34 Acres of Commercial Land Offered at $1,845,000 in Sanford, FL 32771
Investment Highlights
- Across the street from the new Walmart Supercenter.
- Three blocks north of the Super Target Marketplace.
- High household incomes and rising regional consumer spending highlight the area’s strong appeal for investors and owner/users.
- Situated at the eastern entrance to the new Super Costco coming soon.
- Traffic signal at Rinehart Road and St. Johns Parkway enhances visibility and access to the lot.
- Median cut on Rinehart Road allows full direct access to Rinehart Towers.
Executive Summary
1780 Rinehart Road in Sanford, Florida, is a 1.34-acre commercial lot presenting an exceptional opportunity to expand the adjacent Rinehart Towers Shopping Center. National tenants such as Sherwin-Williams, Plato’s Closet, and Hertz Car Rental anchor the neighboring center, which is reporting its strongest sales performance in more than a decade. Approximately 264 feet of unobstructed frontage along Rinehart Road delivers excellent visibility for future development, totaling 700 feet across the entire center. Daily traffic counts exceed 20,000 vehicles (VPD), creating consistent drive-by impressions and strong signage opportunities.
Access and exposure are standout features of the site, supported by the signalized intersection at Rinehart Road and St. John’s Parkway. Directly in front of the center along Rinehart Road, a median cut provides full access from both directions to the center.
Surrounding retail and residential growth off Interstate 95 further enhances long-term value and connectivity. Nearby centers include the Walmart Supercenter, Marketplace at Seminole Towne Center, anchored by Target, and Gateway Plaza, anchored by Floor & Decor. Seminole Towne Center is undergoing a major mixed-use redevelopment featuring Costco, new retail, dining, entertainment, and luxury apartments, marking one of the most significant retail revitalization efforts in Seminole County history.
Average household incomes in the area exceed $100,000, generating nearly $400 million in consumer spending within a 2-mile radius, positioning the site as a compelling opportunity for investors, developers, and owner/users in a thriving Orlando suburb.
Parties seeking a high-visibility Sanford commercial development site in an established yet continuously growing area are invited to reach out today.
Access and exposure are standout features of the site, supported by the signalized intersection at Rinehart Road and St. John’s Parkway. Directly in front of the center along Rinehart Road, a median cut provides full access from both directions to the center.
Surrounding retail and residential growth off Interstate 95 further enhances long-term value and connectivity. Nearby centers include the Walmart Supercenter, Marketplace at Seminole Towne Center, anchored by Target, and Gateway Plaza, anchored by Floor & Decor. Seminole Towne Center is undergoing a major mixed-use redevelopment featuring Costco, new retail, dining, entertainment, and luxury apartments, marking one of the most significant retail revitalization efforts in Seminole County history.
Average household incomes in the area exceed $100,000, generating nearly $400 million in consumer spending within a 2-mile radius, positioning the site as a compelling opportunity for investors, developers, and owner/users in a thriving Orlando suburb.
Parties seeking a high-visibility Sanford commercial development site in an established yet continuously growing area are invited to reach out today.
Property Facts
| Price | $1,845,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.34 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Price | $1,845,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.34 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot 4
| Price | $1,845,000 | Lot Size | 1.34 AC |
| Price Per AC | $1,376,865.67 |
| Price | $1,845,000 |
| Price Per AC | $1,376,865.67 |
| Lot Size | 1.34 AC |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-19-30-509-0000-0040 | Improvements Assessment | $0 |
| Land Assessment | $965,921 | Total Assessment | $965,921 |
Property Taxes
Parcel Number
29-19-30-509-0000-0040
Land Assessment
$965,921
Improvements Assessment
$0
Total Assessment
$965,921
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1780 Rinehart Rd - Rinehart Towers