Last updated on November 19th, 2024
Cash Flowing Property on Hard Corner
$995,000
2905 Indian River Boulevard, Edgewater, Florida 32132
| Building Size | 2,275 Square Feet |
| Land Size | 0.43 Acres |
| Zoning | B3 |
| Parking | 10 |
| Year Built | 1993 |
| Construction | Masonry |
| NOI | $67,800 |
| Traffic Count | 19,000 VPD |
| Frontage | 130 FT |
| Lease Expires | April 2025 |
- Prime Location: 0.43-acre corner lot at 2905 W Indian River Blvd, Edgewater, FL, with 130 ft frontage on W Indian River Blvd and 168 ft on Air Park Rd.
- High Visibility: Positioned near signalized intersections, with over 18,900 vehicles passing daily.
- Tenant in place: Until April, 2025, under a NNN lease structure with a Net Operating Income (NOI) of $67,800.
- Zoned for Highway Commercial (B-3): Suitable for high-traffic retail or office development, no minimum parcel size required.
- Fully Usable Land: 18,731 SF of level land with on-site drainage, free from flood risks (Zone X).
- Building Details: 2,275 SF single-story office built in 1993, masonry construction, excellent condition.
- Parking and Accessibility: 10 surface parking spaces with a parking ratio of 4.4 per 1,000 SF, sidewalks, and lighting on-site.
- Growing Area: Located in a thriving suburban community near New Smyrna Beach, with nearby business hubs like Parktowne Industrial Center and recreational amenities like the Riverwalk.
Agent
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.