NNN Commercial Building on Hard Corner Edgewater FL

2905 Indian River Blvd Indian River Boulevard Edgewater, FL 32132

2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132
2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132
FOR SALE NNN Property
Property Type:
Single Tenant Office
Amount:
$995,000
Cap Rate:
7.00%
Last Verified:
Nov 06, 2024

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Daily Blasts Dates

Nov 06, 2024 16:01:19



Located at 2905 W Indian River Blvd in Edgewater, FL, this fully leased 0.43-acre commercial property provides a stable investment opportunity. Currently occupied by an insurance company, the site offers 18,731 SF of flat, usable land with a 2,275 SF single-story office building built in 1993. Positioned on a corner with 130 ft frontage on W Indian River Blvd and 168 ft on Air Park Rd, the property enjoys high visibility and accessibility with over 18,900 daily vehicle views, supported by nearby signalized intersections. Zoned for Highway Commercial (B-3), it is well-suited for high-traffic office or retail uses, with surrounding enhancements like sidewalks, lighting, and paved roads. This property is located in flood Zone X, free from flood risks, and features 10 surface parking spaces with a ratio of 4.4 per 1,000 SF. Edgewater is a vibrant area near New Smyrna Beach and Orlando, known for its industrial base and recreational appeal, including the Parktowne Industrial Center and scenic Riverwalk along the Indian River.

Additional URLs

Map of 2905 Indian River Blvd Indian River Boulevard , Edgewater, FL, 32132

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.