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    Freestanding Building on Signalized Corner Title is generated by Realmo AI

    1630 Ridgewood Ave, Holly Hill, FL

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    4,513 SF building on 1.17 acres with six drive-thru lanes.

    Type:OFFICE
    Property size:
    4,513 SF
    Lot size:
    1.16 Acres
    Price / SF:
    $243/SF
    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

    We can help!

    Listing Contact
    John W. Trost, CCIM

    Listing agent John W. Trost, CCIM License ##BK-0160420

    Listing office SVN | Alliance Commercial Real Estate Advisors

    Listing date Apr 15, 2025

    Source Moodyscre

    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

    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

    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.

    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
    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 (±1% cap)
    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 (±1% cap)
    NOI $93,148 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holly Hill
    County
    Volusia
    State
    Florida
    Longitude
    -81.0376
    Latitude
    29.2436

    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.
    (386) 295-5723 Call to check price and availability
    More about this property
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