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    24400 State Road 44 Eustis, FL 32736

    For Sale
    Contact for pricing

    Publix-anchored, high-visibility retail space.

    Property size:
    46,656 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail investment opportunity comprises 46,656 square feet of outparcels situated on a 0.65-acre lot at the prime corner of State Road 44 and County Road 437 in Eustis, Florida (zip code 32736). Built in 2015, the property benefits from its location in a rapidly growing area of Lake County, boasting excellent visibility and accessibility. The shopping center is currently 100% leased, providing immediate income potential. The outparcels are ideally suited for a variety of uses, including a bank, fast-food restaurant, or specialty retail establishment. This strategic location offers unparalleled convenience, being just half a mile from the prestigious Eagle Dunes Golf Club and its residential community, and only three miles from the renowned Red Tail Golf Club and its residential community. The surrounding area features a well-regarded hospital, updated parks and recreation areas, and numerous new restaurants, reflecting the ongoing positive development within Eustis and its environs. This presents a rare chance to acquire a high-performing retail property in a thriving market.

    Property Features for 24400 State Road 44

    General Information

    Property type
    Retail properties
    Square Feet
    46,656 SF
    Lot Size
    28,314 SF

    Building Details

    Year Built
    2015

    HighLights

    • 100% occupied shopping center.
    • High‑visibility outparcels with excellent access.
    • Suitable for bank, quick‑service restaurant, or specialty retail.
    • Near Eagle Dunes and Red Tail Golf Clubs and residential communities.
    • Prime corner location at SR 44 and CR 437 in rapidly growing Lake County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eustis
    County
    Lake
    State
    Florida
    Longitude
    -81.5534329
    Latitude
    28.8504409

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    FAQs

    What type of property is this?
    Retail property - Publix-anchored, high-visibility retail space.
    Where is this retail property located?
    The property is located at 24400 State Road 44 Eustis, FL.
    What are key features of this property?
    This property features: 100% occupied shopping center.; High-visibility outparcels with excellent access.; Suitable for bank, quick-service restaurant, or specialty retail.
    Request Owner's contact information
    24400 State Road 44 Eustis, FL 32736
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    Eustis, FL 32736
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24400 State Road 44 Eustis, FL 32736
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