Pre-Construction Industrial
415-415 Timaquan Trl Edgewater, FL 32132
415-415 Timaquan Trl, Edgewater, FL, 32132
$1,700,000
For Sale
$1,700,000
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 Market537
Property Features for 415-415 Timaquan Trl
General Information
- Standard status
- Active
- Size
- 14,080 SF
Listing agency
MASSEY PROPERTIES
(386) 566-4966
Listed by
E Bliss Jamison
(386) 566-4966
Source
Exprealty
Added: Jan 30, 2025 Updated: Jul 20 at 5:49PM Checked: Jul 20 at 5:49PM
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
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.)
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 | $140.2k | $9.96 |
| − Vacancy | −$7.0k | −$0.50 |
| EGI | $133.2k | $9.46 |
| − OpEx | −$20.0k | −$1.42 |
| NOI | $113.2k | $8.04 |
14,080 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
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.)
