Office/Warehouse Flex
3101 Kurt Street EUSTIS Eustis, FL 32726
New
3101 Kurt Street EUSTIS, Eustis, FL, 32726
$1,298,000
For Sale
$1,298,000
Two-building property offers office/warehouse units and storage units, fully leased to nine tenants and professionally managed.
Property Size8,000 SF
Price / SF$162.25
Days on Market6
Property Features for 3101 Kurt Street EUSTIS
General Information
- Standard status
- Active
- Size
- 8,000 SF
Building Details
- Year Built
- 1979
Listing Agency
(407) 890-1354
Listed by
Matthew Kester
(407) 890-1354
Source
Therealestatecollection
Added: Jul 12 Checked: Jul 17 at 2:57 am
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 Matthew Kester
Investment Insights
Based on property information with market context.
Kurt St. Plaza is a two-building property featuring office/warehouse units in the front building and storage units in the back building. The front building includes eight 1,000-square-foot office/warehouse units. The back building contains 13 storage units and two offices.
The property is located off Kurt St. and Hwy 441 in Eustis, Florida.
Kurt St. Plaza is fully leased with nine tenants and is professionally managed, providing an income-generating setup with both flexible space and dedicated storage configurations.
The property is located off Kurt St. and Hwy 441 in Eustis, Florida.
Kurt St. Plaza is fully leased with nine tenants and is professionally managed, providing an income-generating setup with both flexible space and dedicated storage configurations.
Key Highlights
- Two‑building Kurt St. Plaza in Eustis, located off Kurt St. and Hwy 441
- 11200 total building area with 2 buildings and multiple unit types
- Front building offers 8 office/warehouse units (each 1,000 SF) and the rear building has 13 storage units plus 2 offices
Local Financial Insights For Self Storage
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 | $115.2k | $14.40 |
| − Vacancy | −$8.1k | −$1.01 |
| EGI | $107.1k | $13.39 |
| − OpEx | −$32.1k | −$4.02 |
| NOI | $75.0k | $9.37 |
8,000 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.71M
$1.49M – $1.99M
NOI $119,520 @ 7.0% cap · market cap 9.21%
Second Best
Self Storage
$1.07M
$937.4K – $1.25M
NOI $74,995 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,360 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-building property offers office/warehouse units and storage units, fully leased to nine tenants and professionally managed.
Where is this flex space located?
The property is located at 3101 Kurt Street EUSTIS 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: Two‑building Kurt St. Plaza in Eustis, located off Kurt St. and Hwy 441; 11200 total building area with 2 buildings and multiple unit types; Front building offers 8 office/warehouse units (each 1,000 SF) and the rear building has 13 storage units plus 2 offices
