901 Grove St Eustis, FL 32726
- Commercial real estate
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 901 Grove St
- Lot size
- 0.07 lot acres
- Property type
- Commercial real estate
- APN
- 02-19-26-0300-009-00101
- APU
- 21926030000900101
Description
This exceptional 4,665 square foot mixed-use building in Eustis, Florida presents a remarkable investment opportunity. Completely renovated in 2024, the property boasts a brand-new roof, three new air conditioning units, and fresh ceramic tile throughout. The interior has undergone a comprehensive cosmetic update, creating a modern and inviting space. Ideal for a variety of medical or professional uses, the building features ten exam rooms, private offices, treatment rooms, a break room, a spacious waiting and administrative area, and ample parking with over 30 spaces. A significant advantage is the installation of solar panels, resulting in minimal to zero electricity costs. The property enjoys excellent visibility and accessibility, with over 200 feet of highway frontage on N Grove Street/SR 19, a major thoroughfare experiencing an average of 12,500 daily vehicle trips according to FDOT data. Its convenient location offers easy access to Orlando and The Villages, both within an hour's drive. This assemblage comprises two parcels (Lake County, FL Alt Key # 1197970 and 2515937) totaling 0.64 acres. Owner financing may be available for qualified buyers. All information is believed to be accurate but is not guaranteed and is subject to change. This central Florida location is perfect for establishing or expanding a professional practice or business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $390,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $360,000
- Mixed-Use
- $450,000
- Hospitality
- $465,000
- Educational
- $390,000
- Residential Income
- $465,000
- Energy
- $365,000
- Income-Based Land
- $475,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Eustis
- County
- Lake
- State
- Florida
- Longitude
- -81.6838
- Latitude
- 28.8618
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA