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318 Base Leg Dr Edgewater, FL 32132

Warehouses Google Maps
6,000 SF 1 ac lot Built 2021
Entity Owned 1-yr Hold Absentee Owner Free & Clear
No photos on file
For Sale
$998,000 6,000 SF
318 Base Leg Dr, Edgewater, FL 32132
View Listing →
Estimated value (blended)
$910k
Range $819k – $1.00M (±10%)
Property ID US18-6136576

Property summary

AI-generated overview

This exceptional 6,000-square-foot warehouse, situated on a one-acre parcel within the highly sought-after Parktowne Industrial Park in Edgewater, Florida, presents a remarkable investment opportunity. Constructed in 2021, the building boasts ample open space, allowing for a customized build-out to perfectly suit your operational requirements. Two existing restrooms are already in place. Three large 16' x 16' overhead doors provide generous clearance, complemented by impressive 20' ceilings. The property's exterior is beautifully landscaped, offering excellent curb appeal and ample parking for employees and clients. The warehouse benefits from a robust 200-amp service, including 3-phase power, ensuring sufficient electrical capacity for various industrial needs. Its strategic location provides convenient access to I-95, placing it ideally between Central Florida's SR 528 and I-4 corridors. Furthermore, its proximity to the Kennedy Space Center and the thriving aerospace industry offers significant advantages. The entire Parktowne Industrial Park is meticulously maintained, featuring a diverse range of compatible businesses. This property represents a rare chance to acquire a modern, well-equipped warehouse in a thriving industrial area.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2021
Construction WOOD
Total area 6,000 SF
Lot 1 ac (43,560 SF)
APN 7452-22-0M-0012
UPID US18-6136576

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
$740k
Comparable Approach Comparable
$722k
Blend (final) Blend
$910k

Owner & transaction history

since 2024
Last sale
$910,000
1 recorded transaction
2024
$910,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.5M +135.3%
Medical building $1.1M +76.2%
Neighborhood: shopping center $1.1M +69.6%

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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