1015 S Ridgewood Avenue, Edgewater, FL 32132
- Added:
- Apr 14, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1015 S Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Pending
- APN
- 7433-06-01-0010
- Size
- 1,957 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 1 2 & 3 EXC W 34 FT IN RD & LOT 5 BLK A TURGOT TERRACE MENDALL HOMESTEAD PER OR 4413 PG 2682 PER OR 5625 PG 3080
- Tax Annual Amount
- 6557
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Block, Brick
- Roof type
- Concrete
Listing agent Tracey Barlow License #3438904 (386) 566-3715
Listing office The Barnett Group Inc. 3301 S Ridgewood Ave., Edgewater, FL (386) 426-7234
Listing date Apr 14, 2026
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick commercial building built in 1976 with concrete flooring and central HVAC (central air, electric).
- Public water and public sewer connected.
- High‑visibility corner lot on US‑1 / Ridgewood Ave with approximately 200' of frontage.
- Underground utilities and newly resurfaced parking lot; parking lot onsite.
- Includes the building and both parcels; active lease is fully transferable to a nationally recognized chain take‑out restaurant.
- Property located in the CRA District and Opportunity Zone.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $21.96 |
| − Vacancy | −$3.4k | −$1.71 |
| EGI | $39.6k | $20.25 |
| − OpEx | −$9.9k | −$5.06 |
| NOI | $29.7k | $15.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.901427
- Latitude
- 28.98216
