Turn-Key Rebuilt Office
For Sale
$649,000
5114 Ridgewood Avenue, Port Orange, FL 32127
A 600 sq ft office building rebuilt in 2012 with updated systems and direct US1 frontage.
Property Size600 SF
Lot Size0.87 Acres
Price / SF$1,081
Days on Market3471
Property Features for 5114 Ridgewood Avenue
General Information
Standard status
Active
Size
600 SF
Lot size
0.87 Acres
Property subtype
General Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Cap Rate
6.67%
Amenities
Window/Wall Unit, Ceiling Fan(s)
3
Composition, Concrete, Shingle
4 Parking Spaces.
37,896
Sidewalks. Curbs Walk, US Highway.
Building Details
Year Built
1926
Year Renovated
2012
Stories
1
Listing Agency:
Buy The Sea Realty LLC
Listed By:
Breonka Carlo · License #3277307
(386) 689-6057
Source:
Xome
Added: Mar 7, 2017
Changed: Sep 1
Last Checked: Sep 6 at 3:55AM
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 Buy The Sea Realty LLC
Investment Insights
Based on property information with market context.
This turn-key office building was fully rebuilt in 2012 and updated with a new AC, newer plumbing, updated 220 and 110 power, and newer fixtures, doors, and windows. The property also includes newer landscaping and water lines, newer back-flow, and a rebuilt front porch. The metal roof is noted as 2020, and the building is described as being up to code.
The site offers 300+ feet of direct US1 frontage and is on high, dry grounds, with access to two streets via three driveway entrances on Ridgewood Ave. (US-1) and one rear entrance on Westridge Ave. It is described as suitable for many businesses under expanded/versatile zoning in Port Orange, and the property is fenced with new 8-foot wood fencing around the perimeter.
A triple net tenant is in place with a payment history noted as perfect, and the lease is stated to end March 2024, with the lease paying carrying costs while planning for a new project. The lot is described as 38,000+ square feet.
The site offers 300+ feet of direct US1 frontage and is on high, dry grounds, with access to two streets via three driveway entrances on Ridgewood Ave. (US-1) and one rear entrance on Westridge Ave. It is described as suitable for many businesses under expanded/versatile zoning in Port Orange, and the property is fenced with new 8-foot wood fencing around the perimeter.
A triple net tenant is in place with a payment history noted as perfect, and the lease is stated to end March 2024, with the lease paying carrying costs while planning for a new project. The lot is described as 38,000+ square feet.
Key Highlights
- 300+/- feet of direct US‑1 frontage on almost an acre (38,000+/- SF lot) in Port Orange.
- 600 SF office building totally rebuilt in 2012 with newer plumbing and updated 220 & 110 power.
- New AC, ceiling fan(s), window/wall unit cooling, and heating rated as 3.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A 600 sq ft office building rebuilt in 2012 with updated systems and direct US1 frontage.
Where is this office building located?
The property is located at 5114 Ridgewood Avenue Port Orange, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 300+/- feet of direct US‑1 frontage on almost an acre (38,000+/- SF lot) in Port Orange.; 600 SF office building totally rebuilt in 2012 with newer plumbing and updated 220 & 110 power.; New AC, ceiling fan(s), window/wall unit cooling, and heating rated as 3.
