New Construction Flex
For Sale
Contact for pricing
2360 S Ridgewood Avenue, Edgewater, FL 32141
Flexible commercial bays offer overhead-door access and may be combined for larger footprints.
Property Size32,640 SF
Days on Market155
Property Features for 2360 S Ridgewood Avenue
General Information
Standard status
Active
Size
32,640 SF
Property subtype
Retail/Office/Flex
Lease Term
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
32,640 SF
Year Built
2026
Properties For Sale
at 2360 S Ridgewood Avenue Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| Building 1, Unit 1 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 10 | 2,400 SF | Retail/Office | — | — | Contact us |
| Building 1, Unit 2 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 3 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 4 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 5 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 6 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 7 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 8 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 1, Unit 9 | 2,400 SF | Retail/Office | — | — | Contact us |
| Building 2, Unit 1 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 10 | 2,400 SF | Retail/Office | — | — | Contact us |
| Building 2, Unit 2 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 3 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 4 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 5 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 6 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 7 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 8 | 1,440 SF | Flex Space | — | — | Contact us |
| Building 2, Unit 9 | 2,400 SF | Retail/Office | — | — | Contact us |
Show all 20 spaces
Listing Agency:
SVN | Alliance Commercial Real Estate Advisors
Listed By:
John W. Trost, CCIM · License #FL #BK-0160420
(386) 295-5723
Source:
Svn
Added: May 14
Changed: Sep 1
Last Checked: Oct 14 at 8:33PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
New construction flex space is planned at 2360 S. Ridgewood Avenue, with units ranging from 1,440 to 2,400 square feet. Bays are combinable and include 14-foot by 14-foot overhead doors, supporting a range of commercial configurations. Delivery is scheduled for Q4 2026.
The project fronts US-1 in Edgewater, Florida, providing a visible corridor setting. The property is located minutes from I-95 and Indian River Boulevard, connecting the site with regional transportation routes. The offering includes both retail and flex unit configurations within the new development.
The project fronts US-1 in Edgewater, Florida, providing a visible corridor setting. The property is located minutes from I-95 and Indian River Boulevard, connecting the site with regional transportation routes. The offering includes both retail and flex unit configurations within the new development.
Key Highlights
- New construction flex and retail units scheduled for delivery in Q4 2026
- Flexible 1,440–2,400 SF units
- Combinable bays for larger configurations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,322
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,886,440
$3.9M
Cap Rate 7%
$2,776,029
$2.8M
Cap Rate 9%
$2,159,133
$2.2M
Market Conditions
NOI Build-Up for 32,640 SF
Gross rent
$293.8K $9.00/SF
− Vacancy
−$16.2K −$0.50/SF
EGI
$277.6K $8.50/SF
− OpEx
−$83.3K −$2.55/SF
NOI
$194.3K $5.95/SF
Area
Volusia County, FL
Vacancy
5.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,886,440
Cap Rate 7%
$2,776,029
Cap Rate 9%
$2,159,133
Alternative Uses
Best Use
Flex RnD
$5.26M
$4.60M – $6.13M
NOI $368,064 @ 7.0% cap · market cap 2,300,400.00%
Second Best
Retail
$4.39M
$3.84M – $5.12M
NOI $307,420 @ 7.0% cap · market cap 1,921,375.00%
Theoretical Best
Office A
$9.62M
$8.42M – $11.23M
NOI $673,690 @ 7.0% cap · market cap 4,210,562.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32141, FL
17,955
Population
9,400
Households
1.9
Avg Household Size
54
Median Age
23%
College-Educated
93%
High-School Grad
23.6 sq mi
ZIP Area
761
Density / Sq Mi
$61,110
Median Household Income
$37,874
Median Earnings
$1,481
Median Rent
$244,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Laubster's Catering — 2102 S Ridgewood Ave #21, Edgewater, FL 32141
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial bays offer overhead-door access and may be combined for larger footprints.
Where is this flex space located?
The property is located at 2360 S Ridgewood Avenue Edgewater, FL.
What are key features of this property?
This property features: New construction flex and retail units scheduled for delivery in Q4 2026; Flexible 1,440–2,400 SF units; Combinable bays for larger configurations
