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    Indian River Blvd Edgewater, FL 32132

    Sponsored
    For Sale
    $1,450,000

    Prime 23.75-acre commercial land in Edgewater, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23.75-acre commercial property, located at 0 Indian River Boulevard in Edgewater, Florida (zip code 32132), presents a unique investment opportunity. Boasting over 1,034,550 square feet of land, this L-shaped parcel offers over 600 feet of frontage along Indian River Boulevard (SR 442) and over 400 feet of frontage on Hideaway Lane. The property includes 6.98 acres of upland and 2.75 acres of upland buffer, with a recent survey completed on February 1st, 2024. Its central location provides easy access to the beach (15 minutes away), and is minutes from shopping, dining, and grocery stores. The property's strategic position along a four-lane paved divided highway, just off I-95, is further enhanced by the city of Edgewater's relocation of its offices to this area, with many surrounding parcels already sold. This prime location is in close proximity to Miami Corps' three proposed development sites, which plan to add nearly 33,000 homes and over 9 million square feet of commercial space, presenting significant future growth potential. The property's size and location make it ideal for various commercial ventures, including a storage facility or boat/RV storage. Parcel IDs: 843801000700, 843801000710, 843801000720. Asking price: $1,450,000.

    Property Features for 0 Indian River Blvd

    General Information

    Property type
    Mixed-use properties

    HighLights

    • 23.75‑acre commercial land in Edgewater, FL (32132), located at 0 Indian River Boulevard.
    • Over 1,034,550 square feet, L‑shaped parcel with 600+ ft frontage on Indian River Boulevard (SR 442) and 400+ ft on Hideaway Lane.
    • Includes 6.98 acres upland and 2.75 acres upland buffer; recently surveyed (February 1, 2024).
    • Prime location: 15 minutes from the beach, near shopping, dining, and I‑95; City of Edgewater offices recently relocated nearby.
    • High growth potential due to proximity to Miami Corps' proposed developments (33,000 homes, 9M+ sq ft commercial space).
    • Ideal for various commercial uses, including storage facilities. Parcel IDs: 843801000700, 843801000710, 843801000720. Asking price: $1,450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.9760556
    Latitude
    28.963612

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    FAQs

    What type of property is this?
    Mixed-use property - Prime 23.75-acre commercial land in Edgewater, FL.
    Where is this mixed-use property located?
    The property is located at Indian River Blvd Edgewater, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 23.75-acre commercial land in Edgewater, FL (32132), located at 0 Indian River Boulevard.; Over 1,034,550 square feet, L-shaped parcel with 600+ ft frontage on Indian River Boulevard (SR 442) and 400+ ft on Hideaway Lane.; Includes 6.98 acres upland and 2.75 acres upland buffer; recently surveyed (February 1, 2024).
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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
    Indian River Blvd Edgewater, FL 32132
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