Eustis Professional/Medical Office For
For Sale
$500,000
1318 S EUSTIS St, Eustis, FL 32726
2,200 SF office building in a convenient Eustis location.
Property Size2,200 SF
Price / SF$227.27
Days on Market105
Property Features for 1318 S EUSTIS St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Commercial
Building Details
Year Built
1995
Listing Agency:
eXp Realty LLC
(352) 217-4724
Listed By:
Meredith Findley · License #3638884
(352) 217-4724
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 5 at 11:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
Investment Insights
Based on property information with market context.
Located in Eustis, Florida, and near AdventHealth Waterman, the property at 1318 S Eustis Street presents an opportunity for a professional or medical office. Constructed in 1995, this 2,200 square foot building features solid block and stucco construction and a metal roof. City utilities are available. The interior includes a reception and waiting area with updated flooring and large windows. Multiple offices are arranged to facilitate workflow. On-site parking is available. Situated within city limits on a paved street among established businesses, the location offers accessibility to the community. The location has a walk score of 75, indicating it is very walkable, and a bike score of 55, indicating it is bikeable.
Key Highlights
- Prime location in the heart of Eustis, offering high visibility and accessibility.
- Ideal for professional or medical office use, situated minutes from AdventHealth Waterman.
- 2,200 sq ft building with solid block and stucco construction and a durable metal roof.**
Financial Insights For Office B
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 | $52.8k | $24.00 |
| − Vacancy | −$9.0k | −$4.08 |
| EGI | $43.8k | $19.92 |
| − OpEx | −$11.0k | −$4.98 |
| NOI | $32.9k | $14.94 |
2,200 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$469.5K
$410.9K – $547.8K
NOI $32,868 @ 7.0% cap · market cap 6.57%
Second Best
Healthcare Medical
$448.0K
$392.0K – $522.7K
NOI $31,363 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$626.1K
$547.8K – $730.4K
NOI $43,824 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32726, FL
23,012
Population
11,168
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
88%
High-School Grad
11.5 sq mi
ZIP Area
2,001
Density / Sq Mi
$60,750
Median Household Income
$37,197
Median Earnings
$1,027
Median Rent
$230,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Medical Center — 400 W Woodward Ave, Eustis, FL 32726
Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,200 SF office building in a convenient Eustis location.
Where is this medical office space located?
The property is located at 1318 S EUSTIS St Eustis, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime location in the heart of Eustis, offering high visibility and accessibility.; Ideal for professional or medical office use, situated minutes from AdventHealth Waterman.; 2,200 sq ft building with solid block and stucco construction and a durable metal roof.**
