Adaptable Warehouse/Office Unit in
2417 GUAVA 1, Edgewater, FL 32141
For Sale
$165,000
Versatile warehouse/office unit in Edgewater's B-2 Business District.
Property Size600 SF
Lot Size0.08 Acres
Days on Market245
Property Features for 2417 GUAVA 1
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Ocean Properties and Mgmt., Inc.
Listed By:
Kelley DeSoto · License #3012908
(386) 527-2412
Source:
Elliman
Added: Mar 10
Changed: Nov 6
Last Checked: Nov 8 at 6:12AM
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 Ocean Properties and Mgmt., Inc.
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Investment Insights
Based on property information with market context.
This adaptable warehouse, storage, and office unit is situated in Edgewater’s B-2 Business District. The unit features a 20’ x 30’ open area with a 9-foot ceiling. It is equipped with an in-wall air conditioning and heating unit. The unit includes a private restroom. Access is facilitated by both a roll-up garage door and a standard walkthrough door. The unit has recently painted walls and resilient epoxy flooring. It has 100-amp power service with separate power and water meters. The property is situated on a paved street with a smooth driveway. As an end unit, it offers additional access and expanded use of the rear property. The metal roof was installed in 2018. It is suitable for entrepreneurs, business owners, or anyone in need of secure, versatile space.
Key Highlights
- Adaptable warehouse/storage/office unit in Edgewater’s B‑2 Business District.
- Spacious 20’ x 30’ open area with a 9‑foot ceiling.
- Easy access with both a roll‑up garage door and a standard walkthrough door.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,766
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,320
$135.3K
Cap Rate 7%
$96,657
$96.7K
Cap Rate 9%
$75,178
$75.2K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$11.4K $18.96/SF
− Vacancy
−$967 −$1.61/SF
EGI
$10.4K $17.35/SF
− OpEx
−$3.6K −$6.07/SF
NOI
$6.8K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,320
Cap Rate 7%
$96,657
Cap Rate 9%
$75,178
Alternative Uses
Best Use
Flex RnD
$96.7K
$84.6K – $112.8K
NOI $6,766 @ 7.0% cap · market cap 4.10%
Second Best
Industrial
$51.0K
$44.7K – $59.5K
NOI $3,572 @ 7.0% cap · market cap 2.16%
Theoretical Best
Office A
$176.9K
$154.8K – $206.4K
NOI $12,384 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32141, FL
17,955
Population
9,400
Households
1.9
Avg Household Size
54
Median Age
23%
College-Educated
93%
High-School Grad
23.6 sq mi
ZIP Area
761
Density / Sq Mi
$61,110
Median Household Income
$37,874
Median Earnings
$1,481
Median Rent
$244,000
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Edgewater, FL
Properties on Market for Flex space in Edgewater
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Laubster's Catering — 2102 S Ridgewood Ave #21, Edgewater, FL 32141
Frequently Asked Questions
What type of property is this?
Flex space - Versatile warehouse/office unit in Edgewater's B-2 Business District.
Where is this flex space located?
The property is located at 2417 GUAVA 1 Edgewater, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Adaptable warehouse/storage/office unit in Edgewater’s B‑2 Business District.; Spacious 20’ x 30’ open area with a 9‑foot ceiling.; Easy access with both a roll‑up garage door and a standard walkthrough door.
