1630 Ridgewood Ave, Holly Hill, FL
4,513 SF building on 1.17 acres with six drive-thru lanes.
- Added:
- Apr 15, 2025
- Days on Market:
- 420
- Last Refresh:
- May 20 at 8:43 pm
Property Features for 1630 Ridgewood Ave
General Information
- Standard status
- Active
- Size
- 4,513 SF
- Lot size
- 1.16 Acres
- Property subtype
- OFFICE
Listing agent John W. Trost, CCIM License ##BK-0160420 (386) 295-5723
Listing office SVN | Alliance Commercial Real Estate Advisors (386) 295-5723
Listing date Apr 15, 2025
Source Moodyscre
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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.
- Recent updates: Roof (2011), HVAC units (2020), and flooring (2023).
- Well‑maintained building ready for occupancy.
- Features 27 parking spaces.
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Holly Hill
- County
- Volusia
- State
- Florida
- Longitude
- -81.0376
- Latitude
- 29.2436