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Property profile

421 Timaquan Trl Edgewater, FL 32132

Investment properties
Property ID
US18-4308905
View Sample
875 SF 5.07 ac lot Built 2005
Entity Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 6.25-acre flex space property in Edgewater, Florida presents a remarkable opportunity for businesses seeking ample outdoor storage. Strategically located just east of Interstate 95, with convenient access to Interstate 44, this site offers unparalleled connectivity. The property is fully improved, featuring paved surfaces and secure fencing, ensuring a safe and efficient operational environment. Zoned IPUD, this versatile space is ideal for a variety of outdoor storage uses. The multiple tenancy option allows for flexibility in lease arrangements. The substantial acreage provides ample room for expansion and future growth. This prime location, combined with the property's superior infrastructure and convenient access to major transportation arteries, makes it an attractive investment for businesses requiring extensive outdoor storage capabilities. The property's existing improvements significantly reduce upfront capital expenditures, allowing for immediate occupancy and operational efficiency. Don't miss this chance to secure a highly desirable industrial property in a thriving location. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 875 SF
Lot 5.07 ac (220,849 SF)
APN 7452-22-0A-0040
UPID US18-4308905

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Storage Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.46M

Owner & transaction history

since 2022
Last sale
$2.7M
4 recorded transactions
2022
$2.7M
2018
$1.6M
2016
$694,000
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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