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Property profile & analytics
FOR LEASE
Industrial land
302 Parktowne Blvd Edgewater, FL 32132
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8520276
For Lease
1 / 4
$1,155,000
302 Parktowne Blvd, Edgewater, FL 32132
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
83.35 ac (3,630,726 SF)
APN
7452-22-0A-0020
UPID
US18-8520276
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Aries Space Coast Parcel 3 LLC · 1 yrs held
Aries Space Coast Parcel 3 LLC
since 2024
Last sale
$1.2M
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
$1,155,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±10% · vs last sale $1.16M (Oct 23 2024)
Last sale anchor
$1.16M
Oct 23 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
—
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
$74,145
Tax year 2023
Assessed value
$3,485,497
Assessed 2023
Previous assessed
$3,485,497
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$3,485,497
Land market value
$3,485,497
Total market value
$3,485,497
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Lease
Heating
NONE
Lot
83.35 ac (3,630,726 SF)
APN
7452-22-0A-0020
UPID
US18-8520276
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
Heating
NONE
Lot
83.35 ac
Current owner
From public records · entity-resolved
Aries Space Coast Parcel 3 LLC
Entity
Mailing address
401 W ONTARIO ST STE #220, CHICAGO, IL 60654-6964
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
Aries Space Coast Parcel 1 LLC
—
Deed
related
$3,000,000 · Metropolitan Capital Bank & Trust
Dec 24, 2024
$682,500
Aries Space Coast Parcel 3 LLC
Parktowne Industrial LLC
Special Warranty Deed
—
Oct 23, 2024
$1,155,000
Aries Space Coast Parcel 2 LLC
Parktowne Industrial LLC
Special Warranty Deed
—
Oct 22, 2024
—
Edgewater Parktowne Ind I LLC
Parktowne Industrial LLC
Special Warranty Deed
—
Mar 20, 2024
$1,232,574
Aries Space Coast Parcel 1 LLC
Parktowne Industrial LLC
Special Warranty Deed
—
Jul 18, 2022
$4,150,000
Parktowne Industrial LLC
Edgewater Industrial Park LLC
Warranty Deed
$2,100,000 · Ref Capital LLC
Jul 30, 2009
—
Edgewater Industrial Park LLC
City Of Edgewater Florida
Quit Claim Deed
—
Aug 13, 2007
$4,750,950
Edgewater Industrial Park LLC
City Of Edgewater Florida
Warranty Deed
$2,375,475 · City Of Edgewater Florida
—
—
Edgewater Industrial Park LLC
—
Deed Of Trust
related
$1,600,000 · Floridian Bank
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.
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