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Property profile & analytics
OFF-MARKET
Commercial land

2808 Hibiscus Dr Edgewater, FL 32141-5701

0.03 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US18-7663776
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.03 ac (1,250 SF)
APN 8402-61-00-0001
UPID US18-7663776
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
Current use
Occupant on record · Public records
  • Gifts With Humanity Warehouse & Storage
  • New Shutters and Blinds (Bike/Boat/Book/etc) Store Home Decor Store
  • ScopePlus+ Labs Production Facility
  • Global Crafts (Bike/Boat/Book/etc) Store
  • Arborist Planet Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
HIBISCUS CENTER OWNERS ASSOC
HIBISCUS CENTER OWNERS ASSOC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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