Pre-Construction Industrial
For Sale
$1,700,000
415-415 Timaquan Trl, Edgewater, FL 32132
Pre-engineered metal building planned for construction at Parktowne Industrial Center, with a shared truck well.
Property Size14,080 SF
Price / SF$120.74
Days on Market630
Property Features for 415-415 Timaquan Trl
General Information
Standard status
Active
Size
14,080 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$27,997
Listing Agency:
MASSEY PROPERTIES
(386) 427-3100
Listed By:
E Bliss Jamison · License #681179
(386) 566-4966
Source:
Exprealty
Added: Jan 30, 2025
Changed: Oct 14
Last Checked: Oct 21 at 1:43AM
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 MASSEY PROPERTIES
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Pre-construction offering in Parktowne Industrial Center featuring a planned 14,080 square-foot pre-engineered metal building. The site plan includes this unit as one of four buildings, and the design includes a shared truck well for truck access. The building is listed to be completed in approximately 6 months, and the buyer will be able to customize the building for individual needs, including options such as adding cranes and office space.
The property is located between I-95 and US-1 and is described as 3.5 miles from an I-95 interchange.
Two other buildings are also available within the same four-building site plan, with sizes of 14,080 square feet and 16,000 square feet, both also offering shared truck wells.
The property is located between I-95 and US-1 and is described as 3.5 miles from an I-95 interchange.
Two other buildings are also available within the same four-building site plan, with sizes of 14,080 square feet and 16,000 square feet, both also offering shared truck wells.
Key Highlights
- Pre‑construction pre‑engineered metal building planned for Parktowne Industrial Center
- Building size: 14,080 sq. ft. (one of 4 buildings in the site plan)
- Shared truck well included; two other buildings on the plan also available (14,080 sq. ft. and 16,000 sq. ft.)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,241
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,264,820
$2.3M
Cap Rate 7%
$1,617,729
$1.6M
Cap Rate 9%
$1,258,233
$1.3M
Market Conditions
NOI Build-Up for 14,080 SF
Gross rent
$140.2K $9.96/SF
− Vacancy
−$7.0K −$0.50/SF
EGI
$133.2K $9.46/SF
− OpEx
−$20.0K −$1.42/SF
NOI
$113.2K $8.04/SF
Area
Volusia County, FL
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,264,820
Cap Rate 7%
$1,617,729
Cap Rate 9%
$1,258,233
Alternative Uses
Best Use
Flex RnD
$2.27M
$1.98M – $2.65M
NOI $158,773 @ 7.0% cap · market cap 9.34%
Second Best
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,241 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$4.15M
$3.63M – $4.84M
NOI $290,611 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32132, FL
8,189
Population
4,266
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$53,860
Median Household Income
$34,816
Median Earnings
$1,316
Median Rent
$234,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Pre-engineered metal building planned for construction at Parktowne Industrial Center, with a shared truck well.
Where is this flex space located?
The property is located at 415-415 Timaquan Trl Edgewater, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Pre‑construction pre‑engineered metal building planned for Parktowne Industrial Center; Building size: 14,080 sq. ft. (one of 4 buildings in the site plan); Shared truck well included; two other buildings on the plan also available (14,080 sq. ft. and 16,000 sq. ft.)
