Industrial Agriculture Warehouse with
For Sale
$2,750,000
34135 CARDINAL LANE, Eustis, FL 32736
Commercial Sale, Other - EUSTIS, FL
Property Size25,000 SF
Lot Size8.00 Acres
Price / SF$110
Days on Market85
Property Features for 34135 CARDINAL LANE
General Information
Property type
Commercial Sale
Property subtype
Warehouse
Directions
Hwy 44 - South on Cardinal Ln and Arrive at Property on Right.
Standard status
Active
APN
11-19-27-0004-000-00700
Size
25,000 SF
Lot size
8.00 Acres
Building Details
Year built
1990
Architectural style
Other
Listing Agency:
Engel & Völkers New Smyrna Beach
(386) 213-6899
Listed By:
Chris Pixley
(352) 267-4244
Added: May 8
Changed: Jul 15
Last Checked: Jul 31 at 8:06PM
MLS# O6285566
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This industrial agriculture warehouse includes approximately 25,000 square feet of total space, combining 20,000 square feet of warehouse area with 5,000 square feet of office space. The facility sits on about 8 acres and includes approximately 2 acres of paved area. Warehouse improvements feature 8 dock-high doors with 12' roll-up doors and 4 drive-in doors with 12' roll-up doors, along with 19' clear height and 50' column spacing. The building is described as block construction.
The property is zoned PD-AG, allowing agriculture uses and limited industrial uses. Access is described as quick to Hwy 429 and Hwy 44, with proximity to the upcoming Round Lake Rd Extension. Additional location context provided includes I-4 within 16 miles, the Turnpike within 25 miles, Orlando within 35 miles, and Disney within 41 miles.
The attached office space includes multiple private offices, a large open workspace, two conference rooms, a reception area, a kitchen, and four bathrooms.
The property is zoned PD-AG, allowing agriculture uses and limited industrial uses. Access is described as quick to Hwy 429 and Hwy 44, with proximity to the upcoming Round Lake Rd Extension. Additional location context provided includes I-4 within 16 miles, the Turnpike within 25 miles, Orlando within 35 miles, and Disney within 41 miles.
The attached office space includes multiple private offices, a large open workspace, two conference rooms, a reception area, a kitchen, and four bathrooms.
Key Highlights
- 25,000 SF warehouse on +/-8 acres with 2 acres of paved area.
- Zoned PD - AG allowing Agriculture Uses and LIMITED Industrial Uses.
- Benefit from 20,000 SF of warehouse space and 5,000 SF of office space.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.0k | $8.76 |
| − Vacancy | −$19.5k | −$0.78 |
| EGI | $199.5k | $7.98 |
| − OpEx | −$29.9k | −$1.20 |
| NOI | $169.6k | $6.78 |
25,000 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$5.34M
$4.67M – $6.23M
NOI $373,500 @ 7.0% cap · market cap 13.58%
Second Best
Warehouse
$2.42M
$2.12M – $2.83M
NOI $169,583 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$7.11M
$6.23M – $8.30M
NOI $498,000 @ 7.0% cap · market cap 18.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32736, FL
11,412
Population
4,445
Households
2.6
Avg Household Size
46
Median Age
22%
College-Educated
90%
High-School Grad
109.1 sq mi
ZIP Area
105
Density / Sq Mi
$83,727
Median Household Income
$46,408
Median Earnings
$1,136
Median Rent
$352,100
Median Home Value
Market
Properties on Market for Warehouses in Lake County
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse facility with multiple 12-foot roll-up doors, 19-foot clear height, and built-in office space on PD-AG zoned land.
Where is this warehouse located?
The property is located at 34135 CARDINAL LANE Eustis, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 25,000 SF warehouse on +/-8 acres with 2 acres of paved area.; Zoned PD - AG allowing Agriculture Uses and LIMITED Industrial Uses.; Benefit from **20,000 SF of warehouse space and 5,000 SF of office space.**
