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Property profile & analytics
OFF-MARKET
Land

0 Wilkinson Ave Edgewater, FL 32132

Property ID
Property summary
AI-generated overview

This exceptional 88,862 square foot commercial and residential land parcel presents a unique opportunity in Edgewater, Florida. Located on a paved road, this 2-acre property offers a tranquil setting amidst established estate homes, nestled between US-1 and the river. Enjoy the peaceful retreat while being just one mile from New Smyrna Beach. Proximity to the river provides easy access to a public boat launch, parks, and other amenities. The property boasts mature oak and palm trees, adding to its natural beauty. This expansive lot allows for the construction of a single dream home with ample space for a pool and garage, or the possibility of subdividing the land for multiple homes. There are no homeowner association restrictions, providing flexibility in development plans. The convenient location offers quick access to New Smyrna Beach and is approximately a 45-minute drive to Orlando. Furthermore, the property is zoned for New Smyrna Beach middle and high schools, making it an attractive option for families. The asking price for this remarkable property is $490,000. This is a rare chance to acquire a substantial piece of land in a desirable location with significant potential.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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