Boutique Commercial Property in Port
5014 S Ridgewood Avenue Port Orange, FL 32127
For Sale
Contact for pricing
Turnkey commercial property with high visibility and expansion potential.
Property Size746 SF
Lot Size0.22 Acres
Price / SF$462.47
Days on Market67
Property Features for 5014 S Ridgewood Avenue
General Information
Standard status
Active
Size
746 SF
Lot size
0.22 Acres
Property subtype
Business for Sale, Office, Retail
Building Details
Year Built
1941
Listing Agency:
Realty Pros Assured
Listed By:
Matthew Reilly
Source:
Crexi
Added: May 23
Changed: Jul 10
Last Checked: Jul 27 at 7:39AM
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.1k | $21.60 |
| − Vacancy | −$1.2k | −$1.62 |
| EGI | $14.9k | $19.98 |
| − OpEx | −$3.7k | −$5.00 |
| NOI | $11.2k | $14.99 |
746 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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.
