415 Timaquan TrlEdgewater, FL 32132

Property Details for 415 Timaquan Trl

Year built

2009

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.66 AC

Property size (Sq ft)

16,000 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

7452-22-0A-0031

APU

7452220A0031

Description

This exceptional pre-construction industrial building offers 14,080 square feet of versatile space within the Parktowne Industrial Center in Edgewater, Florida. Situated on a 3.66-acre lot, this pre-engineered metal building is part of a four-building site plan, offering significant expansion potential. Construction is estimated to be completed within six months from contract signing, allowing for customization to meet specific business needs. Buyers can incorporate features such as cranes and customized office space to optimize the layout for their operations. The building shares a convenient truck well, enhancing logistics and efficiency. Two additional buildings are also available within the development, measuring 14,080 and 16,000 square feet respectively, also featuring shared truck wells. This prime location benefits from exceptional access to major transportation arteries, positioned between Interstate 95 and US-1, and only 3.5 miles from the I-95 interchange. The property is located in Volusia County's largest contiguously industrially zoned area, providing a strategic advantage for businesses seeking a robust and expanding industrial hub. This represents a unique opportunity to secure a brand-new, customizable industrial space in a highly desirable location. The asking price for this exceptional property is $1,700,000.

• CAP approach

  CAP return

  Valuation

  6%

  $4,713,956

  6.5%

  $4,351,344

  7%

  $4,040,534

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,258,893

  Geo Method

  $2,768,424

• Alternative Use

  Use

  Valuation

  Residential

  $4,351,344

  Hospitality

  $3,985,808

  Educational

  $3,316,146

  Medical

  $3,430,193

  Retail

  $5,158,449

Location Insight

City

Edgewater

County

Volusia

State

Florida

Latitude

29.001

Longitude

-80.9179

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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