Freestanding Building on Signalized
1630 Ridgewood Ave Holly Hill, FL
For Sale
Contact for pricing
4,513 SF building on 1.17 acres with six drive-thru lanes.
Property Size4,513 SF
Lot Size1.16 Acres
Price / SF$243.74
Days on Market466
Property Features for 1630 Ridgewood Ave
General Information
- Standard status
- Active
- Size
- 4,513 SF
- Lot size
- 1.16 Acres
- Property subtype
- RETAIL
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
(386) 295-5723
Listed By:
John W. Trost, CCIM · License ##BK-0160420
(386) 295-5723
Source:
Moodyscre
Added: Apr 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:07AM
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 SVN | Alliance Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 4,513 square foot freestanding building, formerly a bank, is available for sale. Situated on 1.17 acres, the property benefits from a signalized corner location and frontage on three streets: Ridgewood Avenue, Flomich Street, and Espanola Avenue. It features six drive-thru lanes and 27 parking spaces. The building has been well-maintained, with the roof replaced in 2011, two 4-ton HVAC units replaced in 2020, and flooring replaced in 2023. The property is ready for occupancy. Please note that there is a restriction against its use as a financial institution for 2 years. All communication should be conducted exclusively through the listing broker, and the tenant is not to be contacted or disturbed.
Key Highlights
- Six drive‑thru lanes provide exceptional service potential.
- Freestanding 4,513 SF building on 1.17+\/- Acres.
- Located on a signalized corner with frontage on three streets.
Financial Insights For Office B
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 | $97.5k | $21.60 |
| − Vacancy | −$7.3k | −$1.62 |
| EGI | $90.2k | $19.98 |
| − OpEx | −$22.5k | −$5.00 |
| NOI | $67.6k | $14.99 |
4,513 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$966.1K
$845.3K – $1.13M
NOI $67,627 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,148 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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?
Office building - 4,513 SF building on 1.17 acres with six drive-thru lanes.
Where is this office building located?
The property is located at 1630 Ridgewood Ave Holly Hill, 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 provide exceptional service potential.; Freestanding 4,513 SF building on 1.17+\/- Acres.; Located on a signalized corner with frontage on three streets.
