Property profile

400 Grv St Eustis, FL 32726

OFF-MARKET
Retail space
Property ID
US18-3569309
14,500 SF 0.91 ac lot Built 1975
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,786 square foot retail property at 400 S Grove Street, Eustis, FL, presents a compelling investment opportunity. Boasting excellent road frontage on a 0.2-acre lot, this property benefits from a high annual average daily traffic count of 15,000 vehicles, as reported by the Department of Transportation. Currently operating as a tint shop, the property's zoning (RT) allows for diverse uses, offering significant potential for increased income generation. The building features two air-conditioned office spaces equipped with window units, two bathrooms, and a spacious high-bay storage area suitable for larger vehicles and equipment. The property also includes 220v electrical service and a security system in place. An adjacent vacant parcel offers further expansion possibilities, subject to city verification of current and future permitted uses. This property is priced at $289,999 and represents a rare chance to acquire a well-located commercial space with substantial upside potential in a thriving area. Interested parties should independently verify zoning and permitted uses with the city of Eustis.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction METAL FRAME
Total area 14,500 SF
Lot 0.91 ac (39,600 SF)
APN 02-19-26-0100-010-00000
UPID US18-3569309

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
  • Interior Design Auto Repair Shop
  • Home Decor Store Department Store

Location

400 Grv St Eustis, FL 32726-3428
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
$2.07M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2021
Last sale
$1.0M
2 recorded transactions
2021
$1.0M
2014
$400,000

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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