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    318 Base Leg Dr Edgewater, FL 32132

    • Warehouses
    • 6,000 SF
    • 1.00 lot acres
    For Sale
    View listing
    $998,000
    Value Estimation
    Last Sale
    Aug 19, 2024
    $910,000
    Location Intelligence
    Property ID
    US18-6136576
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 318 Base Leg Dr

    Year built
    2021
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    6,000 SF
    Property type
    Warehouses
    APN
    7452-22-0M-0012
    APU
    7452220M0012

    Description

    This exceptional 6,000-square-foot warehouse, situated on a one-acre parcel within the highly sought-after Parktowne Industrial Park in Edgewater, Florida, presents a remarkable investment opportunity. Constructed in 2021, the building boasts ample open space, allowing for a customized build-out to perfectly suit your operational requirements. Two existing restrooms are already in place. Three large 16' x 16' overhead doors provide generous clearance, complemented by impressive 20' ceilings. The property's exterior is beautifully landscaped, offering excellent curb appeal and ample parking for employees and clients. The warehouse benefits from a robust 200-amp service, including 3-phase power, ensuring sufficient electrical capacity for various industrial needs. Its strategic location provides convenient access to I-95, placing it ideally between Central Florida's SR 528 and I-4 corridors. Furthermore, its proximity to the Kennedy Space Center and the thriving aerospace industry offers significant advantages. The entire Parktowne Industrial Park is meticulously maintained, featuring a diverse range of compatible businesses. This property represents a rare chance to acquire a modern, well-equipped warehouse in a thriving industrial area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $910,000

    • CAP approach

      CAP return
      Estimation
      6%
      $890,000
      6.5%
      $850,000
      7%
      $860,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $770,000
      Geo Method
      $765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $845,000
      Retail
      $1,035,000
      Mixed-Use
      $845,000
      Hospitality
      $1,030,000
      Educational
      $990,000
      Residential Income
      $785,000
      Energy
      $865,000
      Income-Based Land
      $940,000
      Food Service
      $985,000

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.9207
    Latitude
    28.9883
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,194
    $87,120
    $304,114
    $391,234
    -
    $87,120
    $304,114
    $391,234

    Comparable in this City

    • Value Estimation by Request
      6,076 SF

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    • Value Estimation by Request
      9,835 SF

      1701 Ridgewood Ave

      WAREHOUSE, STORAGE • 9,835 SF
      1701 Ridgewood Ave, Edgewater, FL 32132-3655
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    • Value Estimation
      $260,000
      1,938 SF

      210 Parktowne Blvd Ste, Unit 4

      WAREHOUSE, STORAGE • 1,938 SF
      210 Parktowne Blvd Ste, Edgewater, FL 32132-1476
      View Details
    • Value Estimation by Request
      3,122 SF

      205 Parktowne Blvd Ste, Unit 4

      WAREHOUSE, STORAGE • 3,122 SF
      205 Parktowne Blvd Ste, Edgewater, FL 32132-1480
      View Details
    • Value Estimation
      $695,000
      7,770 SF

      129 Marion Ave

      WAREHOUSE, STORAGE • 7,770 SF
      129 Marion Ave, Edgewater, FL 32132-3568
      View Details
    • Value Estimation
      $330,000
      3,600 SF

      702 Park Ave E E Ste

      WAREHOUSE, STORAGE • 3,600 SF
      702 Park Ave E E Ste, Edgewater, FL 32132-1411
      View Details

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    Similar Nearby for Lease

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    318 Base Leg Dr
    Edgewater, FL 32132
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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
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