708 Park Ave Edgewater, FL 32132
Property profile & analytics
708 Park Ave Edgewater, FL 32132
- Warehouses
- 4,000 SF
- 0.64 lot acres
Property ID
US18-2804850
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- On-Site Mobile Oil Change / Auto Repair Shop
Property Details for 708 Park Ave
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 0.64 lot acres
- Property size
- 4,000 SF
- Zone code
- I1
- Property type
- Warehouses
- APN
- 7452-01-00-037A
- APU
- 74520100037A
Description
This exceptional investment opportunity presents a 4,000 square foot industrial building situated on a 0.64-acre lot at 708 W Park Avenue in Edgewater, Florida. The property boasts a highly desirable location on a main avenue between Edgewater and New Smyrna Beach, offering excellent visibility and accessibility. The metal building is currently divided into five rentable spaces: three 800 square foot units, one 1,000 square foot unit, and one 600 square foot unit. Each space features its own overhead door for convenient access. The property also includes eight fenced areas, each currently renting for $100 per month. Six of these areas are currently occupied, with one utilized by the property's landscaper. This translates to a strong current rental income stream. The property's industrial zoning allows for potential expansion, maximizing future value and revenue generation. With a 7.45% capitalization rate, this property represents a compelling investment opportunity with significant upside potential in a high-growth area. Don't miss this chance to acquire a well-positioned, income-producing asset. The asking price is $639,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.9177
- Latitude
- 28.9873
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,480
$55,956
$189,453
$245,409
-
$55,956
$189,453
$245,409
