137 W Marion Ave

$1,100,000, 2.46 Acres

About This Property

The Boyce Industrial Complex is a 2.5 acre industrial park in Edgewater, Florida with 13,000 SF leasable space. The property performs consistently with very low vacancy rates and long-term tenants. Property was engineered for and has all infrastructure in place for 2 additional buildings totaling 14,000 SF (drawings available). Vacant areas currently leased for trailer, RV, and boat storage. Owner occupies 2,000 SF and will vacate when sold. All leases are 1 year leases. Upside opportunity on lease rates. Boyce Industrial complex is offered at an 8.2% CAP rate. Park is located in the industrial district of Edgewater. Edgewateris experiencing substantial economic growth. Meets all criteria for Opportunity Zone investment.

Essential Information

MLS® #1054470
Price$1,100,000
Acres2.46
Year Built1990
TypeCommercial/Industrial
Sub-TypeComm-Land & Bldg Incl
StyleIndustrial
StatusActive

Community Information

Address137 W Marion Ave
Area80 - Edgewater
CityEdgewater
CountyVolusia
StateFL
Zip Code32132

Exterior

Lot Description2.46
ConstructionConcrete Block, Metal

Listing Details

Office

Coldwell Banker Commercial Benchmark

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Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

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