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    2808 Hibiscus Dr Edgewater, FL 32141

    Sponsored
    For Sale
    $998,000

    6,250 SF Office/Warehouse, Lease in Place

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional Edgewater, FL commercial property offers 6,250 square feet of versatile space, perfectly blending office and warehouse functionality. The property boasts 5,000 square feet of warehouse space, featuring 20-foot ceilings and large (12'W x 14'H) roll-up doors, ideal for easy access for large vehicles and delivery trucks. The warehouse is climate-controlled for optimal storage conditions. An additional 1,250 square feet of office space includes five spacious offices and a welcoming reception area with large storefront windows providing ample natural light. A significant bonus is a large storage mezzanine and climate-controlled space above the offices, adaptable for a breakroom, conference room, or additional offices. The property also includes a convenient dumpster corral, two separate 200-amp power services with conduit for a third, and plenty of parking. The storefront area is protected by accordion hurricane shutters. The property is attractively landscaped and well-maintained, presenting a professional image. A producing lease is currently in place through August 31, 2024, offering immediate income potential. The property is available for purchase with a closing date as early as September 1, 2023. The convenient access road and driveway ensure easy access for delivery trucks. This property represents a strong investment opportunity in a desirable location.

    Property Features for 2808 Hibiscus Dr

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Gifts With Humanity Warehouse New Shutters and Blinds Window Treatment Store ScopePlus+ Labs Medical Equipment Supplier Global Crafts Jewelry Store Arborist Planet Distribution Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.89463
    Latitude
    28.95134

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    FAQs

    What type of property is this?
    Commercial real estate - 6,250 SF Office/Warehouse, Lease in Place
    Where is this commercial real estate located?
    The property is located at 2808 Hibiscus Dr Edgewater, FL.
    What is the asking price?
    The asking price for this property is $998,000.
    (386) 426-7234
    Request Owner's contact information
    2808 Hibiscus Dr Edgewater, FL 32141
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    Edgewater, FL 32141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2808 Hibiscus Dr Edgewater, FL 32141
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