Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    2690 S Ridgewood Avenue, South Daytona, FL 32119

    View on Map
    Claim this Listing
    For Sale
    $425,000

    LAND - South Daytona, FL

    Lot size:
    1.20 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    38
    Last Refresh:
    May 31 at 4:06 am

    Property Features for 2690 S Ridgewood Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    5333-08-00-0102
    Lot size
    1.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    33 15 33 N 250 FT OF E 225 FT OF S 500 FT ON DIXIE HWY OF LOTS 10 & 13 SUB LOTS 1 & 2 EXC PART IN R/W PER OR 2153 PG 750 PER OR 5781 PG 1586 PER OR 6259 PG 4361 PER OR 7430 PG 1010
    Tax Annual Amount
    3871

    Utilities

    Utilities
    Cable Available
    Water front
    1

    We can help!

    Listing Contact
    Geoffrey Wall II

    Listing agent Geoffrey Wall II

    Listing office O'Brien Real Estate LLC 100 Cessna Blvd H, Daytona Beach, FL

    Listing date Apr 24, 2026

    MLS# 1225665 Listing URL

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.2 acre vacant lot zoned for business commercial use.
    • Located on high‑traffic Ridgewood Avenue.
    • Strategic location in South Daytona.
    • Enjoy scenic river views.
    • Owner open to build to suit with land lease.
    • Cable available.
    Property Profile 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

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    South Daytona
    County
    Volusia
    State
    Florida
    Longitude
    -80.996729
    Latitude
    29.160664

    Nearby Similar for Sale

    • $649,000
      2,800 SF

      South Daytona Office Building

      Multi-tenant office building with flexible suite configuration for sale.
      2763 S Ridgewood Avenue, South Daytona, FL 32119
      View Details
    • $500,000
      3,472 SF

      Former Saloon Ready for Revival

      3,700+ SF building on 1 acre in South Daytona.
      1903 S Ridgewood Avenue, South Daytona, FL 32119
      View Details
    • $1,300,000
      10,000 SF

      Versatile Flex Property in South Daytona

      10,000 SF flex property ideal for investors or owner-users.
      1725 S Nova Road, South Daytona, FL 32119
      View Details
    • $789,000
      2,671 SF

      South Daytona Commercial Opportunity

      Two-acre property with building suited for medical or professional use.
      905 Beville Road, South Daytona, FL 32119
      View Details
    • $240,000
      17,312 SF

      Established Diner For Sale

      Turnkey restaurant with a strong local reputation and steady traffic.
      964 Reed Canal Road, South Daytona, FL 32119
      View Details
    • $960,000
      8,016 SF

      South Daytona Multifamily Investment Property

      Six townhouse-style units, fully rented, near beach, schools, and amenities.
      644 Northern Road, South Daytona, FL 32119
      View Details
    • $960,000
      8,016 SF

      South Daytona Multi-Family Investment Property

      Six townhouse-style units, fully rented, near the beach.
      644 NORTHERN ROAD, SOUTH DAYTONA, FL 32119
      View Details
    • $648,000
      3,900 SF

      Clock Tower Plaza For Sale

      Fully rented Clock Tower Plaza in South Daytona, Florida.
      2355 S Ridgewood Avenue, South Daytona, FL 32119
      View Details
    • $699,000
      4,110 SF

      Established Strip Mall For Sale

      Fully rented strip mall with long-term tenants and easy access.
      2335 S Ridgewood Avenue, South Daytona, FL 32119
      View Details
    • $230,000
      1,150 SF

      Retail Storefront in South Daytona

      Retail storefront in high-traffic area with dispensary option.
      1780 S Nova Road, South Daytona, FL 32119
      View Details
    • $1,715,000
      10,500 SF

      South Daytona Commercial Building For Sale

      Two-story commercial building with open layout and ample parking.
      3090 S Ridgewood Avenue, South Daytona, FL 32119
      View Details
    • $495,000

      South Daytona Mixed-Use Land

      1.79 acre mixed-use land with CRA zone benefits.
      S Ridgewood Avenue, South Daytona, FL 32119
      View Details

    FAQs

    Where is this commercial land located?
    The property is located at 2690 S Ridgewood Avenue South Daytona, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 1.2 acre vacant lot zoned for business commercial use.; Located on high‑traffic Ridgewood Avenue.; Strategic location in South Daytona.
    (386) 682-8353
    We can help!
    Listing Contact
    Geoffrey Wall II
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2690 S Ridgewood Avenue, South Daytona, FL 32119
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!