841 RIDGEWOOD AVENUE, Daytona Beach, FL 32117
Commercial property with a 4,550 SF building and ample parking.
- Added:
- Jan 7, 2025
- Days on Market:
- 548
- Last Refresh:
- Jun 29 at 2:35 am
Property Features for 841 RIDGEWOOD AVENUE
General Information
- Standard status
- Active
- Size
- 4,550 SF
- Lot size
- 1.44 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1979
Listing office CENTURY 21 COASTAL ALLIANCE (727) 688-1283
Listing date Jan 7, 2025
Source Exitrealty
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 CENTURY 21 COASTAL ALLIANCE
HighLights
- Over an acre of commercial property in a high‑growth area
- Existing 4550 square foot building
- 70 parking spaces
- Currently operating as a breakfast restaurant
- City water and sewer
- Natural gas available
Overview
Local Financial Insights For Specialty Retail
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 | $99.9k | $21.96 |
| − Vacancy | −$7.8k | −$1.71 |
| EGI | $92.1k | $20.25 |
| − OpEx | −$23.0k | −$5.06 |
| NOI | $69.1k | $15.19 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- The Driftwood House — 1008 S Palmetto Ave, Daytona Beach, FL 32114
- Ms. Maggie's South Country Inn — 544 S Palmetto Ave, Daytona Beach, FL 32114
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0385634
- Latitude
- 29.2407894