Property profile

2532 Hibiscus Dr Edgewater, FL 32141

OFF-MARKET
Warehouses
Property ID
US18-3483009
4,900 SF 0.38 ac lot Built 1989
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,900 square foot commercial building presents a remarkable investment or business opportunity in Edgewater, Florida. Situated on a 0.38-acre corner lot, this sturdy red iron structure offers unparalleled versatility. The building is thoughtfully divided into three equal spaces, each featuring two tall roll-up doors, providing ample access for large trucks. Internal access allows for seamless connection between the three sections, offering the flexibility to operate as independent units or be easily combined into one expansive space. The existing configuration includes three bathrooms, built-out office spaces, and substantial mezzanine storage, catering to diverse operational needs. Climate control is ensured by three mini-split units and two window units. The property boasts three-phase 240/high leg power with two meters, supporting a wide range of commercial applications. Convenient access is provided from both Hibiscus Drive and 26th Street, with quick access to I-95 enhancing its strategic location. A concrete parking lot and a fire hydrant are located on the property. This property is ideally suited for investors seeking a strong return or entrepreneurs looking to establish their business in a prime location. The combination of size, layout, and location makes this a truly unique opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction WOOD
Total area 4,900 SF
Lot 0.38 ac (16,400 SF)
Zoning code B2
APN 8402-01-06-8170
UPID US18-3483009

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant

Location

2532 Hibiscus Dr Edgewater, FL 32141-5001
Edgewater metro Census 83006 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2026
3 recorded transactions
2026
$575,000
2023
Price N/A
2018
$275,000

Zoning & alternative use

B2 · Edgewater, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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