708 W Park Ave - Warehouse FOR SALE


Edgewater, FL 32132
$639,000 USD
386-401-8008
708 W Park Ave, Edgewater, FL for Sale
$639,000 USD
Warehouse - FOR SALE
1/4
null | 7.45% Cap Rate

708 W Park Ave
Edgewater, FL 32132


OVERVIEW

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%

FOR SALE DETAILS

PRICE

$639,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

7.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.64

LAND SF

27,978

ZONING

07I1

APN/PARCEL ID

7452-01-00-037A

ASK ABOUT THIS PROPERTY

Ignacio BarsottelliCollado Real EstateMore Info
386-401-8008

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Ignacio BarsottelliCollado Real EstateMore Info
386-401-8008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.