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    Property profile & analytics

    1955 Guava Dr Edgewater, FL 32141

    • Investment properties
    • 4,956 SF
    • 0.45 lot acres
    For Sale
    View listing
    $1,100,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0637926
    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

    • Investment properties

    Property Details for 1955 Guava Dr

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.45 lot acres
    Property size
    4,956 SF
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    8402-01-00-4590
    APU
    840201004590

    Description

    This exceptional commercial property at 1955 Guava Drive, Edgewater, Florida, presents a unique investment opportunity. Spanning 4956 square feet on a 0.45-acre lot, this versatile space is ideally suited for a variety of business ventures. The property's design allows for the potential of three separate rental units, creating multiple income streams and maximizing return on investment. This flexibility makes it an attractive option for both established businesses seeking expansion and savvy investors looking to diversify their portfolio. Located in Edgewater, FL, the property benefits from a prime location with excellent access to local amenities and transportation networks. The substantial square footage offers ample room for customization and adaptation to suit specific business needs. This is a rare chance to acquire a high-potential commercial property in a desirable location. The property's layout and potential for multiple rental units provide a strong foundation for long-term financial growth. Don't miss this chance to secure a valuable asset with significant income-generating potential. The asking price is $1,100,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $609,000
      Market price range: $414k - $1.50M
      AI Estimate
      $473,000
      Market price range: $375k - $1.10M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $910,000
      Current use
      MEDICAL BUILDING
      $920,000
      Change: +1% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $885,000
      Change: -2% Conversion: Difficult
      RETAIL STORES
      $875,000
      Change: -4% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.8996
    Latitude
    28.9659
    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
    $5,485
    $52,650
    $245,596
    $298,246
    -
    $52,650
    $245,596
    $298,246

    Comparable in this City

    • Value Estimation by Request
      1,944 SF

      2016 Hibiscus Dr

      STORE/OFFICE (MIXED USE) • 1,944 SF
      2016 Hibiscus Dr, Edgewater, FL 32141-4006
      View Details
    • Value Estimation
      $6,595,000
      44,800 SF

      202 Relocation Rd

      STORE/OFFICE (MIXED USE) • 44,800 SF
      202 Relocation Rd, Edgewater, FL 32141-7931
      View Details
    • Value Estimation
      $540,000
      4,240 SF

      2576 Ridgewood Ave

      STORE/OFFICE (MIXED USE) • 4,240 SF
      2576 Ridgewood Ave, Edgewater, FL 32141-5912
      View Details
    • Value Estimation
      $3,135,000
      33,635 SF

      3042 Ridgewood Ave

      STORE/OFFICE (MIXED USE) • 33,635 SF
      3042 Ridgewood Ave, Edgewater, FL 32141-5903
      View Details
    • Value Estimation
      $910,000
      4,088 SF

      2526 Hibiscus Dr

      STORE/OFFICE (MIXED USE) • 4,088 SF
      2526 Hibiscus Dr, Edgewater, FL 32141-5004
      View Details
    • Value Estimation by Request
      2,170 SF

      2024 Hibiscus Dr

      STORE/OFFICE (MIXED USE) • 2,170 SF
      2024 Hibiscus Dr, Edgewater, FL 32141-4006
      View Details

    Similar Nearby for Sale

    • $794,000
      2,400 SF

      2012 Guava Dr, Edgewater, FL 32141

      Investment properties • 2,400 SF
      2012 Guava Dr, Edgewater, FL 32141
      View Details
    • $799,000
      4,900 SF

      Edgewater Commercial Building - Huge Potential

      Versatile 4,900 sq ft building, great location.
      2532 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • $699,900
      4,000 SF

      Edgewater Warehouse: Prime Location

      New 4,000 sq ft warehouse, ideal business opportunity.
      2218 Guava St, Edgewater, FL 32141
      View Details
    • $295,000
      937 SF

      Edgewater Mixed-Use Investment Opportunity

      High-potential commercial property, Hwy 1 frontage.
      2794 Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $799,000
      2,400 SF

      Edgewater Industrial Property - $799,000

      10,000 sq ft lot, 2,400 sq ft building
      2012 Guava Dr, Edgewater, FL 32141
      View Details
    • $295,000
      1,042 SF

      Edgewater Retail Investment Opportunity

      Prime US-1 location, high potential
      2794 Ridgewood Ave, Edgewater, FL 32141
      View Details

    Similar Nearby for Lease

    • $18,000 /Mo

      Office Space For Rent

      Office space available for rent. Contact for specific needs.
      2111 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $5,400 /Mo

      Warehouse Units with Utilities Included

      Warehouse units featuring walk-through, garage door, sink, and toilet.
      2504 Hibiscus Dr, Edgewater, FL 32141
      View Details
    • Contact for pricing
      13,500 SF

      Retail Space in Edgewater Commons

      Retail space available in busy Edgewater shopping center.
      2962-2986 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $12 SF/Yr
      34,695 SF

      Edgewater Retail/Warehouse Flex Space

      9,200 SF retail/warehouse space in a rapidly growing corridor.
      3042 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $5,000 /Mo
      29,260 SF

      Retail Space in Growing Edgewater

      Retail space available in a vibrant neighborhood center.
      2311 S Ridgewood Ave, Edgewater, FL 32141
      View Details
    • $12,000 /Mo
      8,391 SF

      Turnkey Restaurant Opportunity in Edgewater

      Turnkey restaurant for lease on US Highway 1 in Edgewater.
      4170 Us Highway 1, Edgewater, FL 32141
      View Details
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    1955 Guava Dr
    Edgewater, FL 32141
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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