Storefront with Dual-Side
811 S BAY Street, Eustis, FL 32726
For Sale
$299,900
Under Contract
Commercial Sale, EUSTIS, FL
Property Size800 SF
Lot Size0.16 Acres
Price / SF$374.88
Days on Market137
Property Features for 811 S BAY Street
General Information
Property type
Property subtype
Zoning
Window features
Basement
Accessibility
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
underground cellar
signage structure
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
NARROW ROAD REALTY
(352) 589-8100
Listed By:
Brad Verkaik · License FL #3246043
(352) 516-4688
Added: Jun 29
Changed: Nov 11
Last Checked: Nov 12 at 6:06AM
MLS# G5114299
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 800-square-foot storefront, built in 1969, occupies a 0.16-acre site in Eustis. Interior features include storage, an underground cellar, and two bathrooms. The building has a metal roof installed in 2020, windows replaced in 2015, and updated electrical, air-conditioning, and plumbing systems. Five dedicated parking spaces serve the property, and an existing 4-foot-by-8-foot sign structure is in place. GC zoning and an accessible approach with a ramp are also noted.
The property fronts State Road 19 at a roadway split, with access from both Bay Street on the southbound side and Grove Street on the northbound side. FDOT data cited in the property information indicates nearly 50,000 vehicles pass the location daily. US 441 is also accessible from the site. Public water and sewer are available.
The property fronts State Road 19 at a roadway split, with access from both Bay Street on the southbound side and Grove Street on the northbound side. FDOT data cited in the property information indicates nearly 50,000 vehicles pass the location daily. US 441 is also accessible from the site. Public water and sewer are available.
Key Highlights
- 800‑square‑foot storefront on a 0.16‑acre site
- State Road 19 frontage with access from Bay Street and Grove Street
- Nearly 50,000 vehicles pass daily, according to FDOT data
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,465
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,300
$189.3K
Cap Rate 7%
$135,214
$135.2K
Cap Rate 9%
$105,167
$105.2K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$878 −$1.10/SF
EGI
$13.5K $16.90/SF
− OpEx
−$4.1K −$5.07/SF
NOI
$9.5K $11.83/SF
Area
Lake County, FL
Vacancy
6.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,300
Cap Rate 7%
$135,214
Cap Rate 9%
$105,167
Alternative Uses
Best Use
Retail
$135.2K
$118.3K – $157.8K
NOI $9,465 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.0K
$225.7K – $301.0K
NOI $18,058 @ 7.0% cap · market cap 6.02%
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
50,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 27%
Home Improvements & Furnishings 17%
Dollar General
Shops & Services
6,791 visits/mo
0.1 miles
Scooter's Coffee
Dining
6,637 visits/mo
0.0 miles
Carter's Ace Hardware of Eustis
Home Improvements & Furnishings
4,278 visits/mo
0.5 miles
AutoZone
Shops & Services
4,171 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
2,843 visits/mo
0.4 miles
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 Storefront properties in Lake County, FL
Properties on Market for Storefront properties in Lake County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- BAUGhaus — 230 Palm Ave, Eustis, FL 32726
Frequently Asked Questions
What type of property is this?
Storefront property - A compact Eustis commercial property offers customer parking and direct exposure along State Road 19.
Where is this storefront property located?
The property is located at 811 S BAY Street Eustis, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 800‑square‑foot storefront on a 0.16‑acre site; State Road 19 frontage with access from Bay Street and Grove Street; Nearly 50,000 vehicles pass daily, according to FDOT data
