Commercial Assemblage on US1
For Sale
Contact for pricing
1092 S Ridgewood Ave, Edgewater, FL 32132
1.53 acres with 264 ft frontage on US1.
Property SizeContact for details
Lot Size1.53 Acres
Days on Market679
Property Features for 1092 S Ridgewood Ave
General Information
Standard status
Active
Lot size
1.53 Acres
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Barsottelli Prime Real Estate
Listed By:
Ignacio Barsottelli · License #269505057
(386) 401-8008
Source:
Crexi
Added: Nov 6, 2024
Changed: Sep 5
Last Checked: Sep 15 at 7:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barsottelli Prime Real Estate
Investment Insights
Based on property information with market context.
This commercial assemblage consists of 1.53 acres with 264 feet of frontage on US1. The property generates over $145,000 annually from various tenants. Currently operating as a mechanic shop and automotive sales, with mobile homes at the rear, the land offers redevelopment and commercial expansion potential. The site is ideal for development, with excellent potential for two drive-through establishments and ample parking space. It is also suitable for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and Chick-fil-A. Adjacent to a municipal park, the property is located 2 miles from New Smyrna Beach and 1 hour from Orlando International Airport. Adding a retention pond in the back can comply with necessary retention requirements if the property is expanded. The location offers business opportunities in a bustling area.
Key Highlights
- High Income: Generates over $145,000 annually from existing tenants.
- Prime Commercial Location: 1.53 acres with 264 ft frontage on US1.
- Development Potential: Ideal for two drive‑through establishments and ample parking.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
2,639 visits/mo
0.4 miles
Demographics for 32132, FL
8,189
Population
4,266
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$53,860
Median Household Income
$34,816
Median Earnings
$1,316
Median Rent
$234,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mechanics In Edgewater Fl — 1722 hibiscus dr, edgewater, fl 32132
- Tom Costa Auto Repair — 1730 Fern Palm Dr, Edgewater, FL 32132
- D. Day's Lawn and Garden Equipment LLC — 1731 Fern Palm Dr, Edgewater, FL 32132
- Apex Windshield Repair — 103 Virginia St, Edgewater, FL 32132
- Jiffy Lube — 91 Indian River Blvd W, Edgewater, FL 32132
Frequently Asked Questions
What type of property is this?
Auto shop - 1.53 acres with 264 ft frontage on US1.
Where is this auto shop located?
The property is located at 1092 S Ridgewood Ave Edgewater, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High Income: Generates over $145,000 annually from existing tenants.; Prime Commercial Location: 1.53 acres with 264 ft frontage on US1.; Development Potential: Ideal for two drive‑through establishments and ample parking.
