Property profile

1309 Orange Ave Eustis, FL 32726

OFF-MARKET
Outlet malls
Property ID
US18-7582090
8,505 SF 1.21 ac lot Built 2013
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3.3-acre parcel in Eustis, Florida, presents a unique investment opportunity. Located at 1309 E Orange Ave, 32726, this high and dry, mostly cleared and leveled property boasts 150 feet of frontage on East Orange Avenue, the main thoroughfare into historic downtown Eustis, experiencing 10,500 average annual daily traffic. The property also offers 330 feet of frontage on East McDonald Avenue with an additional access point from Magnolia Avenue. Zoned MCR, this versatile site allows for a variety of uses, including commercial, residential (townhomes, multi-family), and mixed-use developments. Residential density is 12 dwelling units per acre, and commercial density is 0.35 FAR. Existing infrastructure includes utilities on-site, a curb cut, and a crosswalk on East Orange Avenue. The property's strategic location is further enhanced by its proximity to existing apartments, offices, and retail establishments, including a Family Dollar. Seller financing is available. This prime location and flexible zoning make this an ideal opportunity for developers and investors seeking a high-impact project in a thriving community near Orlando.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2013
Construction CONCRETE BLOCKS
Total area 8,505 SF
Lot 1.21 ac (52,490 SF)
APN 12-19-26-0002-000-16500
UPID US18-7582090

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store
  • Big Box & Wholesale Store

Location

1309 Orange Ave Eustis, FL 32726-4346
Eustis metro Census 30206 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$1.74M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $2.5M +24.5%

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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