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%
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%
Property Details
Price:
$639,000
MLS #:
NS1082868
Status:
Active
Beds:
0
Baths:
0
Address:
708 W PARK AVENUE
Type:
Commercial
Subtype:
Industrial
Subdivision:
ASSESSORS ALVAREZ GRANT
Neighborhood:
32132 – Edgewater
City:
EDGEWATER
Listed Date:
Oct 28, 2024
State:
FL
Finished Sq Ft:
4,000
Total Sq Ft:
4,000
ZIP:
32132
Lot Size:
27,978 sqft / 0.64 acres (approx)
Year Built:
1979
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Schools
Interior
Cooling
A/ C – Office Only
Exterior
Construction Materials
Metal Frame, Metal Siding
Roof
Metal
Financial
Tax Year
2023
Taxes
$4,480
Map
Community
- Address708 W PARK AVENUE EDGEWATER FL
- SubdivisionASSESSORS ALVAREZ GRANT
- CityEDGEWATER
- CountyVolusia
- Zip Code32132
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Courtesy of COLLADO REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 708 W PARK AVENUE
EDGEWATER, FL
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