708 W Park Ave , EDGEWATER, FL 32132
EDGEWATER, FL 32132
Description
Exceptional Investment Opportunity: Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity! INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.45%
Details
| Mls | NS1082868 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Subtype | For-sale |
| Status | Active |
| Year | 1979 |
| Days On Site | 45 |
| Listing Provided By | COLLADO REAL ESTATE | Ignacio Barsottelli |
Features
| Sq Feet | 4,000 |
|---|---|
| Zoning | 07I1 |
| Acreage | 0.64 |
Market Activity 32132
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Learn More About This Property
| State | FL |
|---|---|
| County | Volusia |
| City | EDGEWATER |
| Zip Code | 32132 |
| Area | 32132 Edgewater |
| Community Name | ASSESSORS ALVAREZ GRANT |
| Listing VS Median (in ASSESSORS ALVAREZ GRANT) | |
Price: $639,000 low | high Med: $639,000 SqFt: 4,000 low | high Med: 4,000 $ / SqFt: $160 low | high Med: $160 On Site: 45 low | high Med: 45.000000 | |