301 Mango Tree DrEdgewater, FL 32132

Property Details for 301 Mango Tree Dr

Year built

1979

Construction

WOOD

Lot size

0.88 AC

Property size (Sq ft)

19,352 SF

Zone code

I-1

Property type

Investment properties

Property subtype

Retail residential properties

APN

7452-01-00-0440

APU

745201000440

Description

This exceptional 19,352-square-foot warehouse, located at 301 Mango Tree Drive in Edgewater, Florida, presents a significant opportunity for businesses seeking a strategic location in a rapidly expanding area. The single-tenant property sits on a 0.85-acre lot and is zoned I1 Light Industrial, offering flexibility for various industrial uses. The warehouse boasts 11 dock-high doors and 2 loading docks, ensuring efficient loading and unloading operations. Ample parking is provided with 18 spaces. The building's layout includes approximately 15,850 square feet of warehouse space and approximately 3,500 square feet of office space, catering to diverse operational needs. Its strategic location offers convenient access to major transportation arteries, including I-95 (4.2 miles), I-4 (21 miles), and is within reasonable driving distance of Orlando (58 miles), Jacksonville (112 miles), Tampa (142 miles), and Miami (244 miles). This property is ready for immediate occupancy, providing a turnkey solution for businesses seeking to establish or expand their operations in a thriving industrial sector of Volusia County. The entire 19,352 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $5,701,530

  6.5%

  $5,262,952

  7%

  $4,887,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,151,132

  Geo Method

  $3,348,409

• Alternative Use

  Use

  Valuation

  Residential

  $5,262,952

  Hospitality

  $4,820,835

  Educational

  $4,010,878

  Medical

  $4,148,818

  Retail

  $6,239,144

Location Insight

City

Edgewater

County

Volusia

State

Florida

Latitude

28.9869

Longitude

-80.915

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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