301/191 Mango Tree Drive Edgewater, FL 32132
Light industrial property with warehouse, offices, and expansion potential.
- Added:
- Mar 13, 2020
- Days on Market:
- 2312
- Last Refresh:
- May 12 at 8:56 pm
Property Features for 301/191 Mango Tree Drive
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Lot size
- 3.00 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1980
Listing office WHITE WHALE REAL ESTATE (386) 689-5171
Listing date Mar 13, 2020
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of WHITE WHALE REAL ESTATE
Investment Insights
Based on property information with market context.
Key Highlights
- Light Industrial Zoning on ~3 Acres with Potential for Expansion (20,000+ SF or outside storage).
- ~15,000 SF of Warehouse Space with 11 Overhead Doors and 2 Loading Docks.
- Features 7 Updated Offices, Conference Room, and Showroom.
Local Financial Insights For Retail
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 | $225.0k | $15.00 |
| − Vacancy | −$23.2k | −$1.55 |
| EGI | $201.8k | $13.46 |
| − OpEx | −$60.5k | −$4.04 |
| NOI | $141.3k | $9.42 |
Alternative Uses
Property Analytics
Current Use by Public Records
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