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    New Warehouse in Edgewater, Florida Title is generated by Realmo AI

    2224 HIBISCUS Dr, Edgewater, FL 32141

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    For Sale
    $689,900

    Pre-construction 4380 sq ft warehouse in thriving business district.

    Type:Industrial
    Property size:
    4,380 SF
    Price / SF:
    $157/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 5:50 pm

    Property Features for 2224 HIBISCUS Dr

    General Information

    Standard status
    Active
    Size
    4,380 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2026

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    Listing Contact
    Bryan Disbrow

    Listing agent Bryan Disbrow License #521363

    Listing office Collado Real Estate

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Collado Real Estate

    HighLights

    • New 4380 sq ft warehouse in a thriving B2‑zoned commercial district.
    • Estimated completion date of 10.15.2026.
    • Two 14 x 14 ft bay doors and multiple entry/exit doors for easy access.
    • 20+ ft interior walls with insulation membrane suitable for manufacturing and storage.
    • Constructed to withstand up to 150 mph winds.
    • EZ ingress and egress for all vehicle types.

    Overview

    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 spacious lot zoned B2, offering great potential to fulfill 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, providing multiple options for manufacturing and storage. Constructed to withstand winds up to 150 mph, the property prioritizes safety. There will be five public parking spots and ample room for employee parking. An in-ground sprinkler system will maintain the landscaping. The property offers easy ingress and egress for most vehicle types. The location has a Walk Score of 42, indicating car-dependence, and a Bike Score of 61, suggesting it is bikeable.

    Local 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 (±1% cap)
    NOI $35,227 @ 7.0% cap · market cap 5.11%
    Second Best
    Industrial
    $372.5K
    $326.0K – $434.6K (±1% cap)
    NOI $26,076 @ 7.0% cap · market cap 3.78%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,403 @ 7.0% cap · market cap 13.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.8992251
    Latitude
    28.9614426

    FAQs

    What type of property is this?
    Warehouse - Pre-construction 4380 sq ft warehouse in thriving business district.
    Where is this warehouse located?
    The property is located at 2224 HIBISCUS Dr Edgewater, FL.
    What is the asking price?
    The asking price for this property is $689,900.
    What are key features of this property?
    This property features: New 4380 sq ft warehouse in a thriving B2‑zoned commercial district.; Estimated completion date of 10.15.2026.; Two 14 x 14 ft bay doors and multiple entry/exit doors for easy access.
    More about this property
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