EUSTIS Agricultural Opportunity with
40945 BEACH ROAD Eustis, FL 32736
40945 BEACH ROAD, Eustis, FL, 32736
$1,399,000
For Sale
$1,399,000
Warehouse - EUSTIS, FL
Property Size3,572 SF
Lot Size40.74 Acres
Price / SF$391.66
Days on Market105
Property Features for 40945 BEACH ROAD
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Residence
- Zoning
- A
- Parking features
- RV
- Security features
- Security Gate
- Fencing
- Gate
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 05-18-29-000300002100
- Size
- 3,572 SF
- Lot size
- 40.74 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11237
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Flooring type
- Tile
- Building materials
- Frame, Stone
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
HOMEVEST REALTY
(407) 897-5400
1300 E Michigan St, Orlando, FL
Listed by
Erica Diaz · License #3301261
(407) 897-5400
Added: Apr 4 Checked: Jul 17 at 7:06 am
MLS# O6396218
Listing URL
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.
Investment Insights
Based on property information with market context.
This approximately 40-acre property in Lake County, currently operating as a licensed hemp production facility, presents an agricultural opportunity. The property features infrastructure suitable for various uses. It includes multiple wells and diesel-powered irrigation systems with 4", 8", and 10" lines. Extensive greenhouse and shade structures are present, which can be used for cultivation or removed. An updated warehouse is centrally located on the property, equipped with new A/C, two walk-in coolers, and ongoing build-out of a commercial-grade kitchen, storage areas, and large submerged tanks. Additional improvements include barns, equipment storage, office space, and multiple outbuildings. The property also features open pasture, scattered oak trees, a small pond, and abundant wildlife. Residential features include a home of approximately 2,300 square feet with an inground pool, and a secondary mobile home with a newer roof. Infrastructure upgrades include a new well pump, updated interior lighting, flooring, and paint in the main home, along with recently serviced and certified septic systems. The property is located off a county road on a quiet dead-end street and has a gated entrance. The property is zoned A. The property is located in EUSTIS, FL.
Key Highlights
- 40± acre agricultural property, ideal for diverse agricultural uses or a sprawling private estate.
- Turnkey hemp operation, equipped with existing infrastructure for licensed hemp production.
- Extensive infrastructure: Multiple wells, high‑capacity irrigation, greenhouse/shade structures, and a warehouse with A/C and walk‑in coolers.
Local Financial Insights For Apartment 5plus
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 | $85.3k | $23.88 |
| − Vacancy | −$5.5k | −$1.55 |
| EGI | $79.8k | $22.33 |
| − OpEx | −$35.9k | −$10.05 |
| NOI | $43.9k | $12.28 |
3,572 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$626.6K
$548.3K – $731.1K
NOI $43,865 @ 7.0% cap · market cap 3.14%
Second Best
Warehouse
$346.1K
$302.9K – $403.8K
NOI $24,230 @ 7.0% cap · market cap 1.73%
Theoretical Best
Office A
$1.02M
$889.4K – $1.19M
NOI $71,154 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Malibu Quality Greens, ...
Garden Center
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural property - 40-acre agricultural property with warehouse, home, and infrastructure.
Where is this agricultural property located?
The property is located at 40945 BEACH ROAD Eustis, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 40± acre agricultural property, ideal for diverse agricultural uses or a sprawling private estate.; Turnkey hemp operation, equipped with existing infrastructure for licensed hemp production.; **Extensive infrastructure:** Multiple wells, high‑capacity irrigation, greenhouse/shade structures, and a warehouse with A/C and walk‑in coolers.
