Presented By: COLLADO REAL ESTATE with 386-427-0002. - 386-427-0002
MLS# NS1082868
10/28/2024
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SQFT • 4,000
Home Details
Exceptional Investment Opportunity: Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity!
INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.45%
Presented By: COLLADO REAL ESTATE with 386-427-0002. - 386-427-0002
Interior Features for 708 W PARK AVENUE
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
General for 708 W PARK AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Building Featuresoverhead doors
Cityedgewater
Construction Materialsmetal frame, metal siding
Coolinga/c - office only
Countyvolusia
Directionsfrom new smyrna beach, go south on us1, right on park ave., cross the railroad tracks and the property will be on the left.
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptione 75 ft of w 2546.5 ft of n 380 ft of lot 37 alvarez grant mb 3 pg 137 exc n 7.79 ft on w/l for r/w per or 4292 pg 0439 per or 7205 pg 4049 per or 7930 pg 0677
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