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    1401 Ridgewood Us 1 Ave Edgewater, FL 32132

    Sponsored
    For Sale
    $249,000

    Prime Retail Space, High Visibility, US-1

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,200 square foot retail condo is situated within the Halls Holiday Square Shopping Center in Edgewater, Florida. Benefiting from a highly visible location on US Highway 1/South Ridgewood Avenue, the property enjoys excellent exposure to a substantial daily traffic count of approximately 28,500 vehicles. The westerly facing storefront ensures optimal natural light and visibility. Ample parking is available for customers and employees. The property is ideal for a variety of local retail and service-based businesses. The space is part of a well-maintained shopping center community. Ownership includes membership in the Holiday Square Homeowners Association, with a current monthly fee of $35. This fee covers common area maintenance and upkeep of the shopping center. This turnkey opportunity presents a strong investment potential in a thriving location with high traffic volume and excellent visibility. The property is a commercial condo, not a freestanding building. The listed price is $249,000. The property is located at 1401 S Ridgewood (US 1) Avenue, Unit 4, Edgewater, FL.

    Property Features for 1401 Ridgewood Us 1 Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,200 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.89896
    Latitude
    28.97859

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility, US-1
    Where is this retail property located?
    The property is located at 1401 Ridgewood Us 1 Ave Edgewater, FL.
    What is the asking price?
    The asking price for this property is $249,000.
    (386) 295-9299
    Request Owner's contact information
    1401 Ridgewood Us 1 Ave Edgewater, FL 32132
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    Edgewater, FL 32132
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    Realmo Value Estimation

    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.

    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.

    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
    1401 Ridgewood Us 1 Ave Edgewater, FL 32132
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