Property profile

0 Highway 441 Eustis, FL 32726

OFF-MARKET
Land
1.85 ac lot
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Property summary

AI-generated overview

This exceptional 1.85-acre commercial land portfolio in Eustis, Florida, presents a remarkable development opportunity. Priced at $2,400,000, this property boasts 780 feet of high-visibility frontage on heavily trafficked US Highway 441 South, a signalized intersection, and convenient access to Dora Avenue and State Route 19. The site, zoned CG, comprises two parcels totaling 80,585 square feet and is ideally suited for a variety of uses, including retail, office, distribution, and mixed-use developments. Currently featuring a 1,508 square-foot medical office and a 2,270 square-foot restaurant, the property offers the potential for new construction, redevelopment, or expansion of existing structures. Located in a designated HUBZone, this location offers significant tax incentives for qualifying businesses. The area enjoys strong demographics, with over 65,643 residents within a five-mile radius and an average household income of $54,400. The property's level, high-and-dry topography ensures ease of development, and all utilities are readily available. Its strategic location near major retailers like Enterprise Rent-A-Car, Boost Mobile, and several restaurants further enhances its appeal. This prime location offers unparalleled visibility and accessibility, making it an exceptional investment for developers and owner-users alike. The property's potential for significant return on investment is undeniable, given its size, location, and zoning.

Property profile

Verified
Property type Land
Lot 1.85 ac (80,586 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 441 Eustis, FL 32726
Eustis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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