Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2900 Kurt St Eustis, FL 32726-6520

    • Warehouses
    • 1,935 SF
    • 2.00 lot acres
    OFF-MARKET
    Last Sale
    May 20, 2021
    $66,200
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6404411
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Clearcut Tree Service Inc / Landscaping / General Contractor
    • Nichols RV & Truck Center / Auto Repair Shop

    Property Details for 2900 Kurt St

    Year built
    1995
    Construction
    METAL FRAME
    Lot size
    2.00 lot acres
    Property size
    1,935 SF
    Property type
    Warehouses
    APN
    22-19-26-0001-000-00804
    APU
    221926000100000804

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Eustis
    County
    Lake
    State
    Florida
    Longitude
    -81.6935
    Latitude
    28.8251
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,939
    $0.00
    $0.00
    $197,717
    -
    $151,798
    $45,919
    $197,717

    Comparable in this City

    • Value Estimation
      $570,000
      6,720 SF

      2817 Grv St

      WAREHOUSE, STORAGE • 6,720 SF
      2817 Grv St, Eustis, FL 32726-7309
      View Details
    • Value Estimation
      $750,000
      9,347 SF

      300 Norton Ave

      WAREHOUSE, STORAGE • 9,347 SF
      300 Norton Ave, Eustis, FL 32726-4763
      View Details
    • Value Estimation by Request
      1,680 SF

      600 Atwater Ave

      WAREHOUSE, STORAGE • 1,680 SF
      600 Atwater Ave, Eustis, FL 32726-5326
      View Details
    • Value Estimation by Request
      2,196 SF

      1045 Bay St

      STORAGE YARD (JUNK, SALVAGE) • 2,196 SF
      1045 Bay St, Eustis, FL 32726
      View Details
    • Value Estimation
      $1,300,000
      16,168 SF

      1290 Mt Homer Rd

      WAREHOUSE, STORAGE • 16,168 SF
      1290 Mt Homer Rd, Eustis, FL 32726-6258
      View Details
    • Value Estimation by Request
      1,500 SF

      1220 Huffstetler Dr

      WAREHOUSE, STORAGE • 1,500 SF
      1220 Huffstetler Dr, Eustis, FL 32726-8240
      View Details

    Similar Nearby for Sale

    • New
      $1,375,000
      8,000 SF

      EUSTIS Mixed-Use Income Property

      Fully leased mixed-use property in Eustis, Florida, generating income.
      3101 Kurt St, Eustis, FL 32726
      View Details
    • $490,000
      Pending

      EUSTIS Quadplex with Storage Units

      Turnkey investment opportunity: quadplex plus four storage rental units.
      426 E Citrus Ave, Eustis, FL 32726
      View Details
    • $3,500,000
      13.82 Acres

      Lakefront Mixed-Use Development

      13.82 Acres, Lake Willie, Eustis, FL
      2303 Orange Ave, Eustis, FL 32726
      View Details
    • $749,000
      4,066 SF

      Rehabbed 7-Unit Multifamily Property

      Stabilized 7-unit multifamily property with strong rental history.
      205 S Grove St, Eustis, FL 32726
      View Details
    • $70,000
      0.29 Acres

      Residential Land Near Downtown Eustis

      Residential land for sale near downtown Eustis, Florida.
      Grant Ave, Eustis, FL 32726
      View Details
    • $525,000
      4.21 Acres

      Lakefront Land Parcel in Eustis

      4.21 acre lakefront parcel ready for your dream home.
      State Road 44, Eustis, FL 32726
      View Details

    Similar Nearby for Lease

    • $2,250 /Mo
      1,650 SF

      EUSTIS Warehouse with Office Space

      1,650 SF commercial warehouse unit with office, available September 1st.
      2750 Dillard Rd, Eustis, FL 32726
      View Details
    • $2,132 /Mo
      1,650 SF

      EUSTIS Warehouse Unit For Lease

      1,650 SF commercial warehouse unit with office, available October 1st.
      2750 Dillard Rd, Eustis, FL 32726
      View Details
    • $42,000

      Eustis Commercial Space For Rent

      Flexible commercial space with showroom, offices, and fenced lot.
      2044 Orange Ave, Eustis, FL 32726
      View Details
    • Contact for pricing
      6,000 SF

      Eustis Retail Space For Lease

      Retail space available in high-traffic Eustis shopping center.
      2830-2840 S Bay St, Eustis, FL 32726
      View Details
    • $48,000

      Eustis Office Space For Rent

      Office space available for lease in Eustis, Florida.
      24 E Magnolia Ave, Eustis, FL 32726
      View Details
    • Contact for pricing

      Former Restaurant Space For Lease

      2,572 SF former restaurant space available for lease.
      Eustis, FL 32726
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2900 Kurt St
    Eustis, FL 32726-6520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!