New Warehouse in Thriving
2224 Hibiscus Drive Edgewater, FL 32141
For Sale
$769,000
COMMERCIAL - Edgewater, FL
Property Size4,380 SF
Lot Size0.31 Acres
Price / SF$175.57
Days on Market174
Property Features for 2224 Hibiscus Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, Assigned
- Security features
- Security Lighting
- Standard status
- Active
- APN
- 8402-01-06-8680
- Size
- 4,380 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 6868 & 6869 BLK 225 FLORIDA SHORES NO 7 REVISED PLAT MB 23 PG 131 PER OR 5219 PG 2074 PER OR 6689 PG 1236 PER OR 7414 PGS 4668-4669 PER OR 8723 PG 2655
- Tax Annual Amount
- 767
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Metal Siding
- Roof type
- Metal
Listing Agency:
Collado Real Estate
(386) 427-0002
Listed By:
Bryan Disbrow · License #521363
(386) 690-2558
Added: Feb 3
Changed: Jun 15
Last Checked: Jul 27 at 4:06AM
MLS# 1222596
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This pre-construction warehouse, with an estimated completion date of October 15, 2026, is located in the heart of a thriving business district in Edgewater, Florida. The new 4380 sq ft warehouse is situated on a 0.31-acre lot zoned B2, offering great potential to complete various business needs. The building features two 14 x 14 ft bay doors on the east front side, along with two entry doors and two exit doors on the west side. The interior boasts soaring 20+ ft walls with insulation membrane, allowing for multiple options for manufacturing and storage. Constructed to withstand winds up to 150 mph, the property includes an in-ground sprinkler system. There will be five public parking spots and ample room for employee parking. The property provides easy ingress and egress for most vehicle types. This property is located in the commercial district.
Key Highlights
- Pre‑construction 4,360 SF warehouse in Edgewater, FL, located in a B2‑zoned commercial district
- Two 14 x 14 ft bay doors on the east front plus entry doors and two exit doors on the west side
- 20+ ft interior walls with insulation membrane for storage and manufacturing options
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $9.96 |
| − Vacancy | −$2.2k | −$0.50 |
| EGI | $41.4k | $9.46 |
| − OpEx | −$6.2k | −$1.42 |
| NOI | $35.2k | $8.04 |
4,380 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$503.2K
$440.3K – $587.1K
NOI $35,227 @ 7.0% cap · market cap 4.58%
Second Best
Industrial
$372.5K
$326.0K – $434.6K
NOI $26,076 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,403 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- A Storage 4 Less — 2424 Hibiscus Dr, Edgewater, FL 32141
- Self Storage Edgewater — 2424 hibiscus dr, edgewater, fl 32141
- Hibiscus Plaza & Storage — 2220 Hibiscus Dr #7, Edgewater, FL 32141
- Edgewater Self Storage — 2424 Hibiscus Dr, Edgewater, FL 32141
- Hibiscus Storage — 2220 hibiscus dr, edgewater, fl 32141
FAQs
What type of property is this?
Warehouse - Pre-construction 4380 sq ft warehouse in Edgewater, Florida.
Where is this warehouse located?
The property is located at 2224 Hibiscus Drive Edgewater, FL.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Pre‑construction 4,360 SF warehouse in Edgewater, FL, located in a B2‑zoned commercial district; Two 14 x 14 ft bay doors on the east front plus entry doors and two exit doors on the west side; 20+ ft interior walls with insulation membrane for storage and manufacturing options
