Flex Warehouse with Office
1524 &1522 Ridgewood Avenue Holly Hill, FL 32117
For Sale
$1,795,000
COMMERCIAL - Holly Hill, FL
Property Size7,175 SF
Price / SF$250.17
Days on Market14
Property Features for 1524 &1522 Ridgewood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Standard status
Active
APN
424220020290
Size
7,175 SF
Taxes and HOA fees
Tax Description
LOTS 29 TO 32 INC FLORIDAS RIVIERA IN BLKS 2 & 3 RIO VISTA SEC C MB 19 PG 73 PER OR 3747 PG 1455 PER OR 8544 PG 1424 & LOTS 33 & 34 FLORIDAS RIVIERA IN BLKS 2 & 3 RIO VISTA SEC C MB 10 PG 173 MB 19 PG 73 PER OR 3850 PG 1949 PER OR 8544 PG 1424
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Concrete
Listing Agency:
Coldwell Banker Commercial Benchmark
(386) 672-8530
Listed By:
David Galt · License #3243843
(386) 882-3230
Added: Jul 17
Changed: Jul 29
Last Checked: Jul 30 at 2:06AM
MLS# 1228826
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.
Investment Insights
Based on property information with market context.
This for-sale flex property includes two parcels totaling over one acre with approximately 300 feet of frontage. Building A offers 7,100+ square feet and includes over 5,000 square feet of renovated office/retail/showroom area plus a warehouse/shop area of more than 1,900 square feet with 16-foot height and (4) roll-up doors.
Building B is a former office building built in 1955 with just over 1,000 square feet. The site is described as having great visibility and easy access, with potential for laydown yard and outside storage.
Zoned CC-1, the combined offering provides a straightforward mix of improved office/showroom space and functional warehouse/shop space for the right user in Holly Hill, Florida.
Building B is a former office building built in 1955 with just over 1,000 square feet. The site is described as having great visibility and easy access, with potential for laydown yard and outside storage.
Zoned CC-1, the combined offering provides a straightforward mix of improved office/showroom space and functional warehouse/shop space for the right user in Holly Hill, Florida.
Key Highlights
- US‑1 location with 2 parcels over 1 acre and approximately 300' of frontage; reported traffic over 25,000 cars passing daily
- Building A offers 7,100+ SF with 5,000+ SF renovated office/retail/showroom area plus warehouse/shop space including 16 ft height and (4) roll‑up doors
- Warehouse/shop area includes over 1,900 SF with (4) roll‑up doors for loading and flexible use
Financial Insights For Office B
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 | $155.0k | $21.60 |
| − Vacancy | −$11.6k | −$1.62 |
| EGI | $143.4k | $19.98 |
| − OpEx | −$35.8k | −$5.00 |
| NOI | $107.5k | $14.99 |
7,175 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,517 @ 7.0% cap · market cap 5.99%
Second Best
Flex RnD
$1.16M
$1.01M – $1.35M
NOI $80,909 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,092 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Moore Fine Foods — 1299 State Ave, Holly Hill, FL 32117
Frequently Asked Questions
What type of property is this?
Flex space - Two-parcel flex property with renovated office/showroom space, warehouse/shop area, and roll-up doors on CC-1 zoned land.
Where is this flex space located?
The property is located at 1524 &1522 Ridgewood Avenue Holly Hill, FL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: US‑1 location with 2 parcels over 1 acre and approximately 300' of frontage; reported traffic over 25,000 cars passing daily; Building A offers 7,100+ SF with 5,000+ SF renovated office/retail/showroom area plus warehouse/shop space including 16 ft height and (4) roll‑up doors; Warehouse/shop area includes over 1,900 SF with (4) roll‑up doors for loading and flexible use
