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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Manufacturing properties
2808 Hibiscus Dr U8, Edgewater, FL 32141-5701
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1736985
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,251 SF
Lot
0.03 ac (1,250 SF)
APN
8402-61-00-0080
UPID
US18-1736985
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
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Powell Custom Millwork LLC · 2 yrs held
Powell Custom Millwork LLC
since 2024
Last sale
$974,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$975,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $974k (May 28 2024)
Last sale anchor
$974k
May 28 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$779 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,572
Tax year 2023
Assessed value
$135,780
Assessed 2023
Previous assessed
$135,780
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$15,625
Assessed improvement
$120,155
Land market value
$15,625
Improvement market value
$120,155
Total market value
$135,780
Applied tax rate
604.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
1,251 SF
Lot
0.03 ac (1,250 SF)
APN
8402-61-00-0080
UPID
US18-1736985
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Powell Custom Millwork LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3370 NASEEM LN, SANFORD, FL 32771
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2024
$974,000
Powell Custom Millwork LLC
Mac Commercial Investments LLC
Warranty Deed
—
Aug 6, 2021
$550,000
Mac Commercial Investments LLC
Global Fair Trade Crafts INC
Warranty Deed
—
Sep 27, 2010
$219,000
Global Fair Trade Crafts INC
Sunshine St Cmnty Bk
Grant Deed
—
Sep 27, 2010
$304,400
Sunshine St. Cmnty Bk
Kamm,craig S
Deed In Lieu Of Foreclosure
related
—
Jan 21, 2009
—
Craig S Kamm
Mccracken Properties LLC
Warranty Deed
—
Dec 26, 2006
—
Craig S Kamm
Craig S Kamm
Intrafamily Transfer
related
$101,680 · Sunshine State Community Bank
Dec 12, 2005
$212,500
Craig S Kamm
Mccracken,maurice E JR
Warranty Deed
$170,000 · Sunshine State Community Bank
—
—
Global Fair Trade Crafts INC
—
Deed Of Trust
related
$250,000 · Kahren Arbitman
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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