908 Lake Ave Edgewater, FL 32132
This exceptional 11,761.2 square foot commercial lot, located at 908 Lake Avenue in Edgewater, Florida (zip code 32132), presents a unique investment opportunity. Situated on a lake and directly across from a park, this cleared vacant lot offers immediate development potential. The property's convenient location within an established neighborhood provides easy access to schools, parks, shopping centers, and restaurants, making it an attractive site for various commercial ventures. A significant advantage is that impact fees have already been paid, as a house previously stood on this land, streamlining the development process and potentially saving considerable costs for the buyer. The asking price for this prime commercial property is $85,000. Owner financing may be available, offering flexible payment options for qualified buyers. This lot's desirable location and the absence of prior impact fee obligations make it an exceptional value in the thriving Edgewater market. Coordinates: Latitude 28.9820991, Longitude -80.9110838. Volusia County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.