1955 Guava DrEdgewater, FL 32141

Property Details for 1955 Guava Dr

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.45 AC

Property size (Sq ft)

4,956 SF

Zone code

B2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

8402-01-00-4590

APU

840201004590

Description

This exceptional commercial property at 1955 Guava Drive, Edgewater, Florida, presents a unique investment opportunity. Spanning 4956 square feet on a 0.45-acre lot, this versatile space is ideally suited for a variety of business ventures. The property's design allows for the potential of three separate rental units, creating multiple income streams and maximizing return on investment. This flexibility makes it an attractive option for both established businesses seeking expansion and savvy investors looking to diversify their portfolio. Located in Edgewater, FL, the property benefits from a prime location with excellent access to local amenities and transportation networks. The substantial square footage offers ample room for customization and adaptation to suit specific business needs. This is a rare chance to acquire a high-potential commercial property in a desirable location. The property's layout and potential for multiple rental units provide a strong foundation for long-term financial growth. Don't miss this chance to secure a valuable asset with significant income-generating potential. The asking price is $1,100,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,460,148

  6.5%

  $1,347,829

  7%

  $1,251,556

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,319,192

  Geo Method

  $857,519

• Alternative Use

  Use

  Valuation

  Residential

  $1,347,829

  Hospitality

  $1,234,604

  Educational

  $1,027,176

  Medical

  $1,062,502

  Retail

  $1,597,830

Location Insight

City

Edgewater

County

Volusia

State

Florida

Latitude

28.9659

Longitude

-80.8996

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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