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Office Property with Secure Parking
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240-244 Ridgewood, Daytona Beach, FL 32114

Two buildings on one parcel combine vacant space with existing office tenants.

Property Size12,058 SF
Price / SF$111.96
Days on Market4

Property Features for 240-244 Ridgewood

General Information

Standard status Active
Size 12,058 SF
Total Parking Spaces 33
Elevators Yes
Property subtype OFFICE
Zoning RDD3

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Buildings 2
Construction concrete
Tenancy Multi
Listing Agency: SVN | Alliance Commercial Real Estate Advisors
Listed By: Carl W. Lentz IV · License #3068067
Source: Moodyscre
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 3:51PM

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

Rey
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.

This Daytona Beach office property brings together two concrete buildings on a single parcel, totaling 12,058 square feet. The 240 Ridgewood building contains 7,466 square feet, was built in 1956, and is vacant. It has two stories, an elevator, a recently installed HVAC system, and hurricane windows. The 244 Ridgewood building has 4,592 square feet, dates to 1980, and is occupied by two small tenants.

The property is north of ISB and across from the Justice Center. RDD3 zoning in the City of Daytona Beach is identified for office, retail, and medical uses. Secure parking provides more than 33 spaces.

Key Highlights

  • Two office buildings on one parcel total 12,058 SF
  • 240 Ridgewood: 7,466 SF, built in 1956; currently vacant
  • 244 Ridgewood: 4,592 SF, built in 1980; two small tenants

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby

Demographics for 32114, FL

34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two buildings on one parcel combine vacant space with existing office tenants.
Where is this office building located?
The property is located at 240-244 Ridgewood Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two office buildings on one parcel total 12,058 SF; 240 Ridgewood: 7,466 SF, built in 1956; currently vacant; 244 Ridgewood: 4,592 SF, built in 1980; two small tenants
(386) 566-3726 Call to check price and availability
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