Leased Flex Space with
3101 KURT Street, Eustis, FL 32726
For Sale
$1,298,000
Commercial Sale, EUSTIS, FL
Property Size8,000 SF
Lot Size0.88 Acres
Price / SF$162.25
Days on Market552
Property Features for 3101 KURT Street
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
DAVE LOWE REALTY, INC.
(352) 383-7104
Listed By:
Ronald Musselman · License FL #3102851
(352) 978-1921
Added: May 10, 2025
Changed: Nov 6
Last Checked: Nov 12 at 6:06AM
MLS# G5096895
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8,000-square-foot flex property comprises two buildings on 0.88 acres. The front building contains eight 1,000-square-foot office/warehouse units, while the rear building provides 13 storage units and two offices. Block and metal-frame construction, varied flooring, public water and sewer, and available electric service support the existing configuration. The improvements date to 1979 and include both shingle and metal roofing.
Located at 3101 Kurt Street in Eustis, the property sits near Kurt Street and Hwy 441. The asset is fully leased to nine tenants and professionally managed, providing an established operating setup for an investor seeking occupied commercial space.
Located at 3101 Kurt Street in Eustis, the property sits near Kurt Street and Hwy 441. The asset is fully leased to nine tenants and professionally managed, providing an established operating setup for an investor seeking occupied commercial space.
Key Highlights
- 8,000 SF flex property on 0.88 acres
- Eight 1,000‑square‑foot office/warehouse units in the front building
- Rear building includes 13 storage units and 2 offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,780
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,155,600
$2.2M
Cap Rate 7%
$1,539,714
$1.5M
Cap Rate 9%
$1,197,556
$1.2M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$175.7K $21.96/SF
− Vacancy
−$32.0K −$4.00/SF
EGI
$143.7K $17.96/SF
− OpEx
−$35.9K −$4.49/SF
NOI
$107.8K $13.47/SF
Area
Lake County, FL
Vacancy
18.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,155,600
Cap Rate 7%
$1,539,714
Cap Rate 9%
$1,197,556
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $107,780 @ 7.0% cap · market cap 8.30%
Second Best
Self Storage
$1.22M
$1.07M – $1.43M
NOI $85,730 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,576 @ 7.0% cap · market cap 13.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
10
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Balanced
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
$230,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Lake County, FL
Properties on Market for Flex space in Lake County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial property combines office/warehouse suites with storage and additional office space.
Where is this flex space located?
The property is located at 3101 KURT Street Eustis, FL.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: 8,000 SF flex property on 0.88 acres; Eight 1,000‑square‑foot office/warehouse units in the front building; Rear building includes 13 storage units and 2 offices
