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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%
| DAYS ON MARKET | 29 | LAST UPDATED | 10/28/2024 |
|---|---|---|---|
| TRACT | ASSESSORS ALVAREZ GRANT | YEAR BUILT | 1979 |
| COMMUNITY | 32132 - Edgewater | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 32132 - Edgewater |
|---|---|
| CONSTRUCTION | Metal Siding |
| LOT | 0.64 acre(s) |
| SUBDIVISION | ASSESSORS ALVAREZ GRANT |
| TAXES | 4480 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ignacio Barsottelli, COLLADO REAL ESTATE, 386-427-0002
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/24/24 10:19 AM PST.
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