0 Indian River Blvd Edgewater, FL 32141
This exceptional 287,060.4 square foot commercial land parcel is situated at 0 W Indian River Boulevard in Edgewater, Florida, zip code 32141. Currently zoned A-3, Transitional Agriculture, with a future land use designation of Low Density Transition, this property presents a unique opportunity for investors and developers. The expansive lot offers significant potential for various uses, catering to those seeking a tranquil yet conveniently located setting. Its proximity to major transportation arteries, including I-95, ensures easy access to both the vibrant city of Orlando (approximately 45 minutes away) and the stunning beaches of the Space Coast (also about 45 minutes away). The area surrounding SR 442 is experiencing considerable growth, further enhancing the investment appeal of this property. The expansive size of the lot allows for the possibility of developing one or two dwellings, making it particularly attractive to those seeking a private and peaceful homestead. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of Florida. The asking price for this remarkable property is $380,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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