You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

801 N Bay St Eustis, FL 32726

Office buildings Google Maps
3,054 SF 0.53 ac lot Built 1982
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$435k
Range $392k – $479k (±10%)
Property ID US18-4831201

Property summary

AI-generated overview

This exceptional 3,618 square foot medical office building is ideally situated on a 0.53-acre corner lot at the intersection of S US Hwy 19 (Bay Street) and E. Wilt Avenue, within Eustis' Central Business District. Boasting 21 parking spaces, including owner parking behind the building and a two-car metal carport, accessibility is unparalleled. The building, originally constructed in 1982, underwent a major renovation in 2022, resulting in an effective year of 2004. Recent upgrades include a new roof (2024) and updated air conditioning systems (2023). The 2022 remodel encompassed complete interior and exterior painting, and new flooring. The building's layout features a shared reception and front work area, with the rear split into two nearly identical, self-contained office suites. Each suite offers a consultation room, three exam rooms, a minor procedure room, a nurses' station, a designated scale area, dressing areas, and two individual restrooms, plus a private back entrance. Shared spaces include a staff lounge, workroom, chart room, laboratory, x-ray room, reception area, waiting area, and abundant storage. Each suite has two separate metal access doors, and a security system is in place. Convenient access to the parking lot is available from both Wilt Avenue and Bay Street. This meticulously maintained property presents a fantastic opportunity for a single medical professional or multiple occupants seeking a turnkey solution. The dual-suite design allows for owner-occupancy and leasing of the second suite, maximizing return on investment.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1982
Construction CONCRETE BLOCKS
Total area 3,054 SF
Lot 0.53 ac (22,934 SF)
APN 02-19-26-0300-00B-00100
UPID US18-4831201

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
  • Medical Clinic
  • Physician
  • Pediatrician Physician
  • Physician
  • Pediatrician Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$539k
Blend (final) Blend
$435k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $895,000 +108.2%
Retail stores $720,000 +67.3%
Auto repair, garage $715,000 +65.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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