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1501 West 1st Street

Gregory Bond Acquires Industrial Property In Sanford Florida From Nouridjan Kiswani For $2M
SOLDIndustrial

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

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:

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.

Players

John Stroud

Matthews

Broker

$18.2M

vol

4 deals

Broker
Matthews
Matthews Brokerage

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