Updated Nov 18, 2025
Gregory Bond Acquires Industrial Property In Sanford Florida From Nouridjan Kiswani For $2M
1501 West 1st Street
$2,000,000
$129/SF
Building Size
15,425 SF
Asset Type
Industrial
Closing
Nov 6, 2025
About this deal
AI
The property asset involved in the transaction is located at 1501 West 1st Street, Sanford, FL, within the Orlando metropolitan statistical area. This industrial asset encompasses a total of 15,425 square feet and was sold for $2,000,000, which equates to a price per square foot of $129.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,000,000
- Buyer: Gregory Bond
- Seller: Nouridjan Kiswani
- Broker: Taylor Dintzner & John Stroud - Matthews
- Market: Sanford
Key individuals involved in the transaction include the buyer, Gregory Bond, who acquired the property from seller Nouridjan Kiswani. The deal was facilitated by brokers Taylor Dintzner and John Stroud, representing Matthews in this transaction.
On the Map
$2,000,000
$129/SF
Industrial
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Players
Sanford Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93