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Property profile & analytics
OFF-MARKET
Commercial real estate

908 Lake Ave Edgewater, FL 32132

Property ID
US18-9079470
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-9079470
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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