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    400 Grove St Eustis, FL 32726

    Sponsored
    For Sale
    $289,999

    Prime Retail Location, High Visibility, Investment Opportunity

    Property size:
    1,786 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,786 square foot retail property at 400 S Grove Street, Eustis, FL, presents a compelling investment opportunity. Boasting excellent road frontage on a 0.2-acre lot, this property benefits from a high annual average daily traffic count of 15,000 vehicles, as reported by the Department of Transportation. Currently operating as a tint shop, the property's zoning (RT) allows for diverse uses, offering significant potential for increased income generation. The building features two air-conditioned office spaces equipped with window units, two bathrooms, and a spacious high-bay storage area suitable for larger vehicles and equipment. The property also includes 220v electrical service and a security system in place. An adjacent vacant parcel offers further expansion possibilities, subject to city verification of current and future permitted uses. This property is priced at $289,999 and represents a rare chance to acquire a well-located commercial space with substantial upside potential in a thriving area. Interested parties should independently verify zoning and permitted uses with the city of Eustis.

    Property Features for 400 Grove St

    General Information

    Property type
    Retail properties
    Square Feet
    1,786 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1928
    Property Profile Location Intelligence

    Current Use by Public Records

    Delibro Customs Window Tinting Service Badcock Home Furniture ... Home Goods Store

    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
    -81.68371
    Latitude
    28.84908

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, High Visibility, Investment Opportunity
    Where is this retail property located?
    The property is located at 400 Grove St Eustis, FL.
    What is the asking price?
    The asking price for this property is $289,999.
    (407) 367-5701
    Request Owner's contact information
    400 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
    400 Grove St Eustis, FL 32726
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