Established Strip Mall For
2335 S Ridgewood Avenue South Daytona, FL 32119
2335 S Ridgewood Avenue, South Daytona, FL, 32119
$699,000
For Sale
$699,000
COMMERCIAL - South Daytona, FL
Property Size4,110 SF
Lot Size0.33 Acres
Price / SF$170.07
Days on Market596
Property Features for 2335 S Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 2
- Parking features
- Parking Lot, Driveway
- Standard status
- Active
- APN
- 5344-12-00-0340
- Size
- 4,110 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- LOT 34 EXC PART IN ST RD 5 WEST SHORE PARK SEC 3 PER OR 5204 PG 2595 PER OR 7300 PG 0762
- Tax Annual Amount
- 4895
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Brick Veneer
- Roof type
- Shingle
Listing agency
Beachside Realty of Vol Cty
(386) 427-1212
Listed by
Colleen Pearson
(407) 255-5862
Added: Dec 4, 2024 Updated: Jun 26 at 9:08AM Checked: Jul 23 at 7:06AM
MLS# 1206508
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 well-established strip mall is available for purchase, featuring long-term tenants and full occupancy. The property offers convenient access to services and benefits from significant road frontage. It comprises four units, providing 4300 square feet of rentable space. Currently, one tenant occupies three units, with three additional units available. There are five bathrooms, with one additional bathroom currently blocked off, totaling six. A retention pond is located at the rear of the building. The property is located in South Daytona, Florida, in Volusia County.
Key Highlights
- Fully rented with long‑term tenants, ensuring immediate income.
- 4300 sq ft of rentable space across four units.
- Great road frontage, providing high visibility.
Local Financial Insights For 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 | $61.7k | $15.00 |
| − Vacancy | −$6.3k | −$1.55 |
| EGI | $55.3k | $13.46 |
| − OpEx | −$16.6k | −$4.04 |
| NOI | $38.7k | $9.42 |
4,110 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$553.0K
$483.9K – $645.2K
NOI $38,710 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,830 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Fully rented strip mall with long-term tenants and easy access.
Where is this strip mall located?
The property is located at 2335 S Ridgewood Avenue South Daytona, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully rented with long‑term tenants, ensuring immediate income.; 4300 sq ft of rentable space across four units.; Great road frontage, providing high visibility.
