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Investment Highlights
- Includes approximately 160 feet of frontage on US-1, ensuring strong exposure to steady commuter and local traffic.
- Secondary ingress from Hart Avenue facilitates convenient traffic circulation and site planning flexibility.
- Zoned B3 and R3/R4, enabling configurations for commercial enterprises, mixed-use concepts, or residential development.
- Located within an Opportunity Zone, offering potential preferential tax advantages for qualifying investors.
Executive Summary
This 2.34-acre parcel offers a unique development opportunity along the highly traversed US-1 corridor in Edgewater. Featuring 160 feet of frontage and additional access via Hart Avenue, the property provides dual ingress/egress options that enhance functionality for multiple site layouts. Zoned B3 at the front and R3/R4 towards the rear, it supports a mix of commercial and residential uses, making it suitable for retail development combined with residential or service-oriented facilities.
The parcel is strategically positioned in the center of Edgewater, offering exceptional visibility to consistent year-round traffic. With utilities in place and its designation within an Opportunity Zone, the property also presents potential tax benefits to qualifying investors. Beyond its development flexibility, the site is surrounded by established local businesses and growing neighborhoods, contributing to long-term demand for both retail and housing uses in this market.
The parcel is strategically positioned in the center of Edgewater, offering exceptional visibility to consistent year-round traffic. With utilities in place and its designation within an Opportunity Zone, the property also presents potential tax benefits to qualifying investors. Beyond its development flexibility, the site is surrounded by established local businesses and growing neighborhoods, contributing to long-term demand for both retail and housing uses in this market.
Property Facts
1 Lot Available
Lot
| Price | $380,000 | Lot Size | 2.34 AC |
| Price Per AC | $162,157.55 |
| Price | $380,000 |
| Price Per AC | $162,157.55 |
| Lot Size | 2.34 AC |
Centrally located business parcel with frontage on US 1 and additional ingress / egress on Hart Ave. Utilities in place.
Description
The property consists of 2.34 acres of primarily level land featuring frontage along US Highway 1 and access from Hart Avenue. It is zoned for both commercial and residential uses under B3 and R3/R4 designations. The site is situated within the Edgewater area of Volusia County and benefits from existing utility connectivity and roadway systems. It lies within an Opportunity Zone and is located close to major local thoroughfares within the regional roadway network.
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7452-01-00-0310 | Improvements Assessment | $0 |
| Land Assessment | $298,561 | Total Assessment | $298,561 |
Property Taxes
Parcel Number
7452-01-00-0310
Land Assessment
$298,561
Improvements Assessment
$0
Total Assessment
$298,561
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