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.

  • MLS# 1054470
  • Sub-Type Resale
  • Status Active
  • Year 1990
  • Days On Site 172
SQ Feet 11,400
Story(s) 1
Zoning Industrial
Listing Provided By:
Robert Rand  of  Coldwell Banker Commercial Benchmark
 
 
 
this listing $1,100,000
249.26%
$314,950 in 32132
this listing 172 on site
65.81%
503 on site in 32132

Location

State FL
County Volusia
City Edgewater
Zip Code 32132
Area 80 - Edgewater

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