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    The Largest CRE Database in the US with Over 1 Million Listings

    4610 S Ridgewood Ave Port Orange, FL 32127

    Sponsored
    For Lease
    $1,700 /Mo ($15 SF/Yr)

    COMMERCIAL - Port Orange, FL

    Property size:
    1,350 SF
    Lot size:
    0.41 Acres
    Days on Market:
    56
    Last Refresh:
    Feb 1 at 10:06 pm

    Property Features for 4610 S Ridgewood Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    6303-13-03-0010
    Parking features
    Driveway, Parking Lot
    Accessibility
    Accessible Approach with Ramp
    Size
    1,350 SF
    Lot size
    0.41 Acres

    Utilities

    Cooling system
    Exhaust Fan (Cooling)

    Building Details

    Year built
    1998
    Flooring type
    Concrete
    Building materials
    Block, Concrete, Stucco

    We can help!

    Listing Contact
    Maxwell Van Noppen

    EXP Realty LLC (888) 883-8509

    Listing agent Maxwell Van Noppen (386) 222-2890

    Listing date Dec 8, 2025

    MLS# 1220580

    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.

    Learn more

    Property Insight Report

    Overview

    Port Orange Commercial Space Available

    This commercial space is available for rent in Port Orange, Florida. The property is suitable for various businesses, including manufacturing, sports training, physical therapy, gyms, crossfit training, yoga, health markets, health foods, plant stores, or outdoor enthusiast-themed operations. The newly purchased building is also home to "AFTER BODY MEALS", a prepared food business. The location offers an opportunity to create synergy with this established business and benefit from foot traffic. The property is in eyesight of the IntraCoastal Waterway. The building features two roll-up doors, two standard entry doors, and one set of French doors to the back. Dimensions are approximately 45 feet wide by 30 feet deep, based on the second listing image. One roll-up door is 10 feet wide by 10 feet tall and faces the front. A second roll-up door, located on the side in a covered breezeway, is 9 feet wide by 7 feet tall. The breezeway measures 30 feet by 5 feet wide and has a super gutter on the back. The building has 12-foot ceilings throughout. There are no bathrooms in this building, but bathroom access can be discussed. The lot size is 0.41 acres, and the property size is 1350 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.984899
    Latitude
    29.137001

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    FAQs

    What type of property is this?
    Manufacturing property - Open commercial space with potential synergy with neighboring business.
    Where is this manufacturing property located?
    The property is located at 4610 S Ridgewood Ave Port Orange, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Approved zoning for a wide range of businesses, including manufacturing (see QR code for details).; - Opportunity for synergy with established neighbor, 'AFTER BODY MEALS', a popular prepared food business.; - Potential access to the IntraCoastal Waterway (city property on the shoreline).
    (386) 222-2890
    Request Owner's contact information
    4610 S Ridgewood Ave Port Orange, FL 32127
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    Port Orange, FL 32127
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4610 S Ridgewood Ave Port Orange, FL 32127
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    We can help!
    Listing Contact
    Maxwell Van Noppen
    (386) 222-2890
    Learn more
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