Two-Story Storefront
For Sale
$1,699,000
3090 S Ridgewood Avenue, South Daytona, FL 32119
Commercial Sale, South Daytona, FL
Property Size10,500 SF
Lot Size0.65 Acres
Price / SF$161.81
Days on Market883
Property Features for 3090 S Ridgewood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Retail
Security features
Security
Directions
From Dunlawton Ave, turn to go North on US-1 for less than a mile. The building is on the Left. Enter via Venture Dr.
Subdivision
25 - Daytona S of Beville, E of Nova
Standard status
Active
APN
5334-07-00-0031
Size
10,500 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
34 15 33 LOT 3B EXC PART IN ST RD 5 SUB LOT 1 PER OR 2779 PG 0178 PER OR 5730 PG 0726 PER OR 5882 PG 4515 PER OR 5990 PGS 0608-0609 INC PER OR 7746 PG 2372
Tax Annual Amount
21819
Legal Description
34 15 33 LOT 3B EXC PART IN ST RD 5 SUB LOT 1 PER OR 2779 PG 0178 PER OR 5730 PG 0726 PER OR 5882 PG 4515 PER OR 5990 PGS 0608-0609 INC PER OR 7746 PG 2372
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
elevator
gated deck
pool
Building Details
Year built
2007
Building materials
Block, Concrete, Stucco
Roof type
Metal
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 236-3700
Listed By:
Dayanis Purucker · License #3366027
(386) 315-4450
Added: May 7, 2024
Changed: Sep 30
Last Checked: Oct 6 at 11:06AM
MLS# 1123272
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.
Investment Insights
Based on property information with market context.
Built in 2007, this 10,500-square-foot, two-story commercial building offers an open interior arrangement with large windows suited to display and daylight. The concrete construction includes block and stucco materials, while a lofted portion of the second floor adds usable area for workspace, storage, or specialized facilities. An elevator serves the building. The property also includes a gated deck and a 4.5-foot-deep pool. Central heating and cooling, public water, and public sewer are in place.
The 0.65-acre site provides 23 concrete parking spaces at the front, with additional street parking nearby. Shops, restaurants, and entertainment venues are located in the surrounding area, and the beach is a short drive away. The offering consists of the land and building only; no existing business or occupant-owned assets are included.
The 0.65-acre site provides 23 concrete parking spaces at the front, with additional street parking nearby. Shops, restaurants, and entertainment venues are located in the surrounding area, and the beach is a short drive away. The offering consists of the land and building only; no existing business or occupant-owned assets are included.
Key Highlights
- 10,500‑square‑foot two‑story commercial building constructed in 2007
- 0.65‑acre site with 23 concrete parking spaces
- Open interior with display windows, elevator, and lofted second‑floor area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,894
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,880
$2.0M
Cap Rate 7%
$1,412,771
$1.4M
Cap Rate 9%
$1,098,822
$1.1M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$157.5K $15.00/SF
− Vacancy
−$16.2K −$1.55/SF
EGI
$141.3K $13.46/SF
− OpEx
−$42.4K −$4.04/SF
NOI
$98.9K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,977,880
Cap Rate 7%
$1,412,771
Cap Rate 9%
$1,098,822
Alternative Uses
Best Use
Retail
$1.41M
$1.24M – $1.65M
NOI $98,894 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,720 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Home Improvements & Furnishings 46%
Citgo
Shops & Services
1,035 visits/mo
0.4 miles
American Freight Furniture Mattress Appliance
Home Improvements & Furnishings
870 visits/mo
0.3 miles
Demographics for 32119, FL
22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two-story commercial building with an open layout, display windows, elevator, and flexible lofted upper-level area.
Where is this storefront property located?
The property is located at 3090 S Ridgewood Avenue South Daytona, FL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 10,500‑square‑foot two‑story commercial building constructed in 2007; 0.65‑acre site with 23 concrete parking spaces; Open interior with display windows, elevator, and lofted second‑floor area
