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    1600 Ridgewood Ave Daytona Beach, FL 32117

    For Sale
    $1,100,000

    4,513 SF building on 1.17+/- acres with six drive-thru lanes.

    Property size:
    4,513 SF

    Property Features for 1600 Ridgewood Ave

    General Information

    Size
    4,513 SF

    Building Details

    Year built
    1963

    Source: John W. Trost, CCIM Agent John W. Trost, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Building on Signalized Corner

    The property is a 4,513 square foot freestanding building situated on approximately 1.17 acres. It is located on a signalized corner with frontage on Ridgewood Avenue, Flomich Street, and Espanola Avenue. The building features six drive-thru lanes and 27 parking spaces. The roof was replaced in 2011, two 4-ton HVAC units were replaced in 2020, and the flooring was replaced in 2023. The well-maintained building is ready for occupancy. The property is located at the northwest corner of Ridgewood Avenue and Flomich Street, approximately 1 mile from LPGA Boulevard and 2.2 miles from Granada Boulevard. There is a restriction against its use as a financial institution for 2 years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Atm Wells Fargo ATM Atm Cash4harleyparts.com Motorcycle Parts Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0473183
    Latitude
    29.2555761

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    FAQs

    What type of property is this?
    Bank - 4,513 SF building on 1.17+/- acres with six drive-thru lanes.
    Where is this bank located?
    The property is located at 1600 Ridgewood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Six drive-thru lanes offer significant business potential.; - Located on a signalized corner with frontage on three streets.; - 4,513 SF freestanding building on 1.17+/- Acres.
    (386) 295-5723
    Request Owner's contact information
    1600 Ridgewood Ave Daytona Beach, FL 32117
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    Daytona Beach, FL 32117
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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
    1600 Ridgewood Ave Daytona Beach, FL 32117
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