2532 Hibiscus DrEdgewater, FL 32141

  • Industrial properties
  • 4,900 SF
For Sale
$799,000 View listing

Property Details for 2532 Hibiscus Dr

Year built
1989
Construction
WOOD
Lot size
0.38 AC
Property size (Sq ft)
4,900 SF
Zone code
B2
Property type
Industrial properties
Property subtype
Other warehouses
APN
8402-01-06-8170
APU
840201068170

Description

This exceptional 4,900 square foot commercial building presents a remarkable investment or business opportunity in Edgewater, Florida. Situated on a 0.38-acre corner lot, this sturdy red iron structure offers unparalleled versatility. The building is thoughtfully divided into three equal spaces, each featuring two tall roll-up doors, providing ample access for large trucks. Internal access allows for seamless connection between the three sections, offering the flexibility to operate as independent units or be easily combined into one expansive space. The existing configuration includes three bathrooms, built-out office spaces, and substantial mezzanine storage, catering to diverse operational needs. Climate control is ensured by three mini-split units and two window units. The property boasts three-phase 240/high leg power with two meters, supporting a wide range of commercial applications. Convenient access is provided from both Hibiscus Drive and 26th Street, with quick access to I-95 enhancing its strategic location. A concrete parking lot and a fire hydrant are located on the property. This property is ideally suited for investors seeking a strong return or entrepreneurs looking to establish their business in a prime location. The combination of size, layout, and location makes this a truly unique opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,332,599
    Hospitality
    $1,220,654
    Educational
    $1,015,570
    Medical
    $1,050,497
    Retail
    $1,579,775
2532 Hibiscus Dr, Edgewater, Florida

Location Insight

City
Edgewater
County
Volusia
State
Florida
Latitude
28.9555
Longitude
-80.8966
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
$3,720
$44,280
$158,238
$202,518
-
$44,280
$158,238
$202,518

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