Boutique Commercial Property in Port
For Sale
Contact for pricing
5014 S Ridgewood Avenue, Port Orange, FL 32127
Turnkey commercial property with high visibility and expansion potential.
Property Size746 SF
Lot Size0.22 Acres
Price / SF$462.47
Days on Market146
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Property Features for 5014 S Ridgewood Avenue
General Information
Standard status
Active
Size
746 SF
Lot size
0.22 Acres
Property subtype
Office, Retail, Business for Sale
Building Details
Year Built
1941
Listing Agency:
Realty Pros Assured
Listed By:
Matthew Reilly · License #3381045
(845) 656-9911
Source:
Crexi
Added: May 23
Changed: Oct 12
Last Checked: Oct 14 at 11:26PM
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 Realty Pros Assured
Investment Insights
Based on property information with market context.
This commercial property is located in Port Orange on Ridgewood Avenue/US-1. The property is positioned across from the Port Orange Flea Market and is surrounded by shops, restaurants, and local businesses. The property is suitable for retail, office, wellness, or specialty boutique concepts, with room for expansion. It features frontage and signage potential. The lot size is 50'x192'. The property has a parking lot and is ADA compliant. The property size is 746 square feet.
Key Highlights
- Prime location on Ridgewood Avenue/US‑1 with high visibility and traffic.
- Turnkey business opportunity suitable for retail, office, wellness, or boutique concepts.
- Large lot size (50'x192') with room for expansion.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,179
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,580
$223.6K
Cap Rate 7%
$159,700
$159.7K
Cap Rate 9%
$124,211
$124.2K
Market Conditions
NOI Build-Up for 746 SF
Gross rent
$16.1K $21.60/SF
− Vacancy
−$1.2K −$1.62/SF
EGI
$14.9K $19.98/SF
− OpEx
−$3.7K −$5.00/SF
NOI
$11.2K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,580
Cap Rate 7%
$159,700
Cap Rate 9%
$124,211
Alternative Uses
Best Use
Office B
$159.7K
$139.7K – $186.3K
NOI $11,179 @ 7.0% cap · market cap 3.24%
Second Best
Retail
$100.4K
$87.8K – $117.1K
NOI $7,026 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$220.0K
$192.5K – $256.6K
NOI $15,397 @ 7.0% cap · market cap 4.46%
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
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Turnkey commercial property with high visibility and expansion potential.
Where is this storefront property located?
The property is located at 5014 S Ridgewood Avenue Port Orange, FL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Prime location on Ridgewood Avenue/US‑1 with high visibility and traffic.; Turnkey business opportunity suitable for retail, office, wellness, or boutique concepts.; Large lot size (50'x192') with room for expansion.
