645 Hickman Cir - industrial in Sanford, FL
Industrial

645 Hickman Cir

sanford, fl, 32771, sanford, FL 32771

Price

Price on request

Square Feet

20,000

Description

645 Hickman Circle is ideally located in the Seminole County industrial submarket three minutes from Interstate 4 and State Road 46 (W 1st St) and six minutes from State Road 417 (Central Florida Greeneway). The Sanford Sunrail station, historic downtown Sanford, and the Orlando-Sanford International Airport are all less than a 20 minute drive. Area amenities include the Central Florida Zoo and Botanical Gardens, Seminole Towne Center, and numerous big box retailers and fast casual restaurants.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

sanford, fl, 32771, sanford, FL 32771

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size20,000 SF

Market Context

This industrial in Sanford, FL is listed for sale across 20,000 SF. It has been on the market for 118 days.

As of Q1 2026, the Orlando industrial market showed a 8.1% vacancy rate, average asking rents near $11.00/SF/yr, and cap rates around 5.0%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence
Projected asking rent
$11.00/SF/yr
Estimated sale value
$146–$178/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.0%, asking rent held flat).

View the full Orlando Industrial market report →

Compare it against other industrial listings for sale in Sanford, FL to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Orlando?
About 5.0% as of Q1 2026, per multiple brokerages.
Is the Orlando industrial market tightening or softening?
Vacancy is around 8.1% (Q1 2026).

Unified Estimate

Medium Confidence
$153.60/SF-$207.81/SF
Mid: $180.70/SF
Total estimate for 20,000 SF
$3,614,000

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
  • Vacancy %
Q2 '25Q3 '25Q4 '25Q1 '26$0$3$6$9$120%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,474

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population481,470
Median Income$86k↑ 15%
College Educated38.8%↑ 5.4pp
Median Age39.8 yrs
Median Home Value$387k
Unemployment4.2%↑ 0.6pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q4 2025
Median $/SF$221
Avg $/SF$228
25th–75th Percentile$182 – $267
Sample Size36 transactions
CountyOrange

Source: florida_dor · County FIPS: 12095

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: industrial in sanford, FL

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