Small Bay Industrial Sale Sets New Submarket Record at $232/SF

1101 Central Park Drive | Orlando Small Bay & Flex Industrial Market Update

SANFORD, FL (Orlando MSA) — BLACKLINE Commercial Real Estate is pleased to announce the successful sale of 1101 Central Park Drive, a multi-tenant small bay industrial / flex property in Sanford, Florida, which closed on December 23, 2025 for $1,450,000.

The transaction achieved $232 per square foot, establishing a new high-water mark for comparable small bay industrial properties in the Central Park / Tech Drive submarket.

Sanford Small Bay Industrial Market Overview

The Sanford industrial market, particularly the Central Park / Tech Drive corridor, continues to see strong demand for:

• Small bay industrial space

• Flex industrial properties

• Owner-user industrial buildings

• Multi-tenant shallow bay product

With limited new supply and consistent demand from contractors, service businesses, and local operators, small bay industrial in Sanford and the greater Orlando area remains highly competitive.

Property Overview | 1101 Central Park Drive

The asset is a 100% occupied small bay industrial building with characteristics highly sought after in today’s market:

• Multi-tenant configuration

• 75% of leases on a month-to-month basis at below-market rent

• Strong in-place cash flow with operational flexibility

• First time the property has ever sold

The property was brought to market and placed under contract within six (6) days, reflecting the velocity of demand for Sanford industrial properties under 10,000 SF.

Execution | Driving Demand for Small Bay Industrial in Orlando

BLACKLINE executed a targeted marketing strategy designed to capture both local owner-user demand and investment capital, resulting in:

• 64 qualified buyer inquiries

• 55,881 total listing impressions

• Six (6) competitive purchase offers

The selected buyer, a future owner-occupant, delivered an all-cash, lender-free offer, providing certainty of execution while supporting a premium valuation.

By prioritizing strategic users over purely yield-driven investors, the process unlocked pricing above typical cap-rate-driven valuations common in the Orlando industrial market.

Why This Sanford Industrial Sale Matters

This transaction highlights a key shift in the Orlando MSA small bay industrial market:

Owner-users are increasingly competing with investors — and often outbidding them — for functional industrial space.

As a result:

• Small bay industrial pricing continues to rise

• Functional buildings command premium valuations

• Assets with lease flexibility attract stronger buyer pools

The $232/SF benchmark demonstrates how Sanford industrial properties with usability and flexibility can outperform traditional investor pricing metrics.

Result | Record Small Bay Industrial Pricing in Local Submarket

Through targeted positioning and competitive buyer engagement, BLACKLINE achieved:

• Record price per square foot for small bay industrial in the Central Park / Tech Drive submarket

• All-cash execution with no financing risk

• Maximum exit value for the seller

Advisor | Sanford & Orlando Industrial Real Estate

Thevin Campton, CCIM, exclusively represented the seller.

BLACKLINE Commercial Real Estate specializes in the sale of small bay industrial, flex, and owner-user properties across the Orlando MSA, with a focus on driving competitive outcomes through strategic positioning and targeted buyer engagement.

Looking for a Value on Your Sanford Industrial Property?

Demand for small bay industrial properties in Sanford and Orlando remains strong, particularly for:

• Buildings under 10,000 SF

• Multi-tenant industrial assets

• Owner-user opportunities

• Flex industrial properties

If you own industrial real estate in Sanford, Lake Mary, Longwood, or the greater Orlando area, now is the time to understand where your property sits in today’s market.