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    901 Grove St Eustis, FL 32726

    Sponsored
    For Sale
    $1,200,000

    Updated Medical Building, High Visibility, Great Location

    Property size:
    4,665 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,665 square foot mixed-use building in Eustis, Florida presents a remarkable investment opportunity. Completely renovated in 2024, the property boasts a brand-new roof, three new air conditioning units, and fresh ceramic tile throughout. The interior has undergone a comprehensive cosmetic update, creating a modern and inviting space. Ideal for a variety of medical or professional uses, the building features ten exam rooms, private offices, treatment rooms, a break room, a spacious waiting and administrative area, and ample parking with over 30 spaces. A significant advantage is the installation of solar panels, resulting in minimal to zero electricity costs. The property enjoys excellent visibility and accessibility, with over 200 feet of highway frontage on N Grove Street/SR 19, a major thoroughfare experiencing an average of 12,500 daily vehicle trips according to FDOT data. Its convenient location offers easy access to Orlando and The Villages, both within an hour's drive. This assemblage comprises two parcels (Lake County, FL Alt Key # 1197970 and 2515937) totaling 0.64 acres. Owner financing may be available for qualified buyers. All information is believed to be accurate but is not guaranteed and is subject to change. This central Florida location is perfect for establishing or expanding a professional practice or business.

    Property Features for 901 Grove St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,665 SF
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eustis
    County
    Lake
    State
    Florida
    Longitude
    -81.68345
    Latitude
    28.86161

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    FAQs

    What type of property is this?
    Mixed-use property - Updated Medical Building, High Visibility, Great Location
    Where is this mixed-use property located?
    The property is located at 901 Grove St Eustis, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (352) 787-6966
    Request Owner's contact information
    901 Grove St Eustis, FL 32726
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    Eustis, FL 32726
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    901 Grove St Eustis, FL 32726
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