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Commercial Building For Sale, Lease or Build to Suit

$995,000

2905 W Indian River Blvd, Edgewater, FL

Active
Last Updated: 11/12/2024

67,800

NOI

2,275 sqft

Building Size

Details:
NOI:    $67,800
Building Size:    2,275 sqft
Lot Area:    0.43 acres
Year Built:    1993
Parking Spots:    10
Description:

Property Overview. This 0.43-acre commercial property at 2905 W Indian River Blvd, Edgewater, FL, currently serves as an office space leased to an insurance company. The site offers 18,731 SF of level, fully usable land with a rectangular shape and on-site drainage. Positioned at a corner with frontage on W Indian River Blvd (130 ft) and Air Park Rd (168 ft), it benefits from signalized intersections nearby, improving accessibility with a traffic count exceeding 18,900 cars daily. All utilities are available, with surrounding improvements like sidewalks, lighting, and paved roadways. Zoned B-3 for highway commercial use, this property suits hightraffic retail or office developments with no minimum parcel size required. Situated outside the flood hazard area in Zone X, there are no environmental or physical constraints on development. Neighboring residential and vacant lands provide a stable setting for future commercial use.

Location Overview. Located in southeast Volusia County, just south of New Smyrna Beach and 60 miles from Orlando, the area around 2905 W Indian River Blvd in Edgewater is a thriving suburban community along the scenic Indian River. Known for its boat manufacturing industry with brands like Boston Whaler and Everglades Boats, Edgewater combines industrial strength with natural beauty, offering over 150 acres of parks and a popular Riverwalk for outdoor recreation along the Intracoastal Waterway.

The city is home to key business hubs, including the expansive Parktowne Industrial Center, Volusia County’s largest industrial park, and the historic Massey Ranch Airpark, which features a lighted runway and accommodates both residential and commercial developments. Edgewater’s blend of business, recreation, and a vibrant community lifestyle make it a premier location for diverse investment opportunities.

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Offering Memorandum
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