Daytona Beach Commercial Property For
For Sale
Contact for pricing
1501 Ridgewood Ave, Daytona Beach, FL 32117
Commercial property near Daytona International Speedway and the beach.
Property Size14,492 SF
Price / SF$96.61
Days on Market1063
Property Features for 1501 Ridgewood Ave
General Information
Standard status
Active
Size
14,492 SF
Class
B
Property subtype
Retail
Zoning
B4
Building Details
Year Built
1987
Year Renovated
1993
Buildings
1
Stories
2
Units
25
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors Ormond Beach
(386) 999-1762
Listed By:
Michael Baxter · License #SL3451680
Source:
Crexi
Added: Sep 27, 2023
Changed: Aug 14
Last Checked: Aug 14 at 5:59AM
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 Ormond Beach
Investment Insights
Based on property information with market context.
This commercial property, located minutes from Daytona International Speedway and the "World's Most Famous Beach," offers concrete block construction. The property presents an opportunity to add value through rent increases and renovations. The first floor comprises eight separate units, while the second floor features small offices with common restrooms and a shared conference room. A large parking lot is situated at the rear of the property. The property may suit an investor or a user seeking to occupy office space and collect income. Small office/retail spaces are in high demand in this market. The property has a total size of 14492 square feet.
Key Highlights
- Low price per square foot at $97 represents a significant value opportunity.
- High demand for small office/retail spaces in the area.
- Potential to increase value by raising rents and renovating.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Dining 6%
Dollar Tree
Shops & Services
12,942 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,641 visits/mo
0.3 miles
Hungry Howie's Pizza
Dining
1,654 visits/mo
0.3 miles
U-Haul
Shops & Services
595 visits/mo
0.2 miles
Citgo
Shops & Services
330 visits/mo
0.2 miles
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial property near Daytona International Speedway and the beach.
Where is this retail space located?
The property is located at 1501 Ridgewood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Low price per square foot at $97 represents a significant value opportunity.; High demand for small office/retail spaces in the area.; Potential to increase value by raising rents and renovating.
