Versatile Commercial Building in Holly
529 Ridgewood Avenue Holly Hill, FL 32117
For Sale
Under Contract
$650,000
COMMERCIAL - Holly Hill, FL
Property Size7,172 SF
Lot Size0.33 Acres
Price / SF$90.63
Days on Market247
Property Features for 529 Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2
- Parking features
- Parking Lot
- Standard status
- Active Under Contract
- APN
- 4244-01-23-0042
- Size
- 7,172 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 37-15-33 W 180 FT OF S 90 FT OF LOT 4 EXC W 3 FT IN ST BLK 23 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 5106 PG 4878 PER OR 7754 PG 0444
- Tax Annual Amount
- 4833
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Number of units
- 1
- Flooring type
- Laminate, Concrete
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency:
Calnan Real Estate
(386) 675-1137
Listed By:
Colleen Calnan · License #3173311
(386) 675-1136
Added: Nov 19, 2025
Changed: Jul 1
Last Checked: Jul 24 at 4:06AM
MLS# 1220169
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 7,172 sq ft concrete block building is situated on a 0.33-acre corner lot along Ridgewood Avenue (U.S.-1) in a high-traffic corridor. Zoned for retail or mixed commercial use, the property offers a combination of retail, office, and warehouse space. The front retail area, approximately 4,500 sq ft, features a large bar top island and a soundproof viewing window. The warehouse/workshop space, approximately 2,600 sq ft, includes a 12'x12' automatic garage door and an open floor area suitable for production, storage, or distribution. The property also features an executive office with a private restroom, three additional restrooms (four total), and a kitchenette. A separate music studio space with a private entrance is ideal for creative or specialty use. Recent upgrades include a new roof, new plumbing, new HVAC, new electric, and new vinyl flooring throughout. Additional features include an insulated attic, ADA-compliant restrooms, and a large, highly visible monument sign. Located within an Opportunity Zone, this property offers potential tax advantages for investors. All improvements are permitted and up to code. The property is located in Holly Hill, FL.
Key Highlights
- 7,172 SF concrete block building on a 0.33‑acre corner lot on Ridgewood Avenue (U.S.-1), zoned for retail or mixed commercial use
- Space mix includes approx. 4,500 SF front retail area and approx. 2,600 SF warehouse/workshop area
- Warehouse/workshop includes a 12' x 12' automatic garage door installed in 2020
Financial Insights For Warehouse
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 | $71.4k | $9.96 |
| − Vacancy | −$3.6k | −$0.50 |
| EGI | $67.9k | $9.46 |
| − OpEx | −$10.2k | −$1.42 |
| NOI | $57.7k | $8.04 |
7,172 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,472 @ 7.0% cap · market cap 16.53%
Second Best
Mixed Use
$1.27M
$1.11M – $1.48M
NOI $88,592 @ 7.0% cap · market cap 13.63%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $148,030 @ 7.0% cap · market cap 22.77%
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
FAQs
What type of property is this?
Mixed-use property - Redevelopment zone property with retail, office, and warehouse space.
Where is this mixed-use property located?
The property is located at 529 Ridgewood Avenue Holly Hill, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 7,172 SF concrete block building on a 0.33‑acre corner lot on Ridgewood Avenue (U.S.-1), zoned for retail or mixed commercial use; Space mix includes approx. 4,500 SF front retail area and approx. 2,600 SF warehouse/workshop area; Warehouse/workshop includes a 12' x 12' automatic garage door installed in 2020
