2808 Hibiscus Dr Edgewater, FL 32141-5701
This exceptional Edgewater, FL commercial property offers 6,250 square feet of versatile space, perfectly blending office and warehouse functionality. The property boasts 5,000 square feet of warehouse space, featuring 20-foot ceilings and large (12'W x 14'H) roll-up doors, ideal for easy access for large vehicles and delivery trucks. The warehouse is climate-controlled for optimal storage conditions. An additional 1,250 square feet of office space includes five spacious offices and a welcoming reception area with large storefront windows providing ample natural light. A significant bonus is a large storage mezzanine and climate-controlled space above the offices, adaptable for a breakroom, conference room, or additional offices. The property also includes a convenient dumpster corral, two separate 200-amp power services with conduit for a third, and plenty of parking. The storefront area is protected by accordion hurricane shutters. The property is attractively landscaped and well-maintained, presenting a professional image. A producing lease is currently in place through August 31, 2024, offering immediate income potential. The property is available for purchase with a closing date as early as September 1, 2023. The convenient access road and driveway ensure easy access for delivery trucks. This property represents a strong investment opportunity in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.