Restaurant and Auto Shop
745 Ridgewood Avenue, Holly Hill, FL 32117
For Sale
Contact for pricing
A mixed-use commercial property combines restaurant space with an on-site automotive service area.
Property Size7,417 SF
Lot Size1.28 Acres
Price / SF$139.54
Days on Market47
Property Features for 745 Ridgewood Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Road Access
Utilities to Site
Additional Details
Opportunity Zone
Automotive Uses
Real Estate Included
Building Details
Buildings
Listing Agency:
ACRE Expert LLC
Listed By:
Drew Attias
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:29PM
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 ACRE Expert LLC
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 7,417-square-foot mixed-use property includes a 5,941-square-foot restaurant and a 1,476-square-foot auto shop. The site encompasses 1.28 acres, with connected sewer, city water, and electricity. Road access is available. The property is outside a flood zone, and no wetlands are present.
Key Highlights
- 7,417‑square‑foot building on 1.28 acres
- Restaurant area spans 5,941 square feet
- 1,476‑square‑foot auto shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,618
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,832,360
$1.8M
Cap Rate 7%
$1,308,829
$1.3M
Cap Rate 9%
$1,017,978
$1.0M
Market Conditions
NOI Build-Up for 7,417 SF
Gross rent
$160.2K $21.60/SF
− Vacancy
−$13.6K −$1.84/SF
EGI
$146.6K $19.76/SF
− OpEx
−$55.0K −$7.41/SF
NOI
$91.6K $12.35/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,832,360
Cap Rate 7%
$1,308,829
Cap Rate 9%
$1,017,978
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,630 @ 7.0% cap · market cap 10.88%
Second Best
Mixed Use
$1.31M
$1.15M – $1.53M
NOI $91,618 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $153,087 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 29%
Dining 12%
Apparel 10%
Winn-Dixie
Groceries
24,205 visits/mo
0.3 miles
Goodwill
Apparel
8,759 visits/mo
0.4 miles
Mobil
Shops & Services
7,586 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,462 visits/mo
0.5 miles
7-Eleven
Shops & Services
6,524 visits/mo
0.4 miles
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Volusia County, FL
Properties on Market for Mixed-use properties in Volusia County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A mixed-use commercial property combines restaurant space with an on-site automotive service area.
Where is this mixed-use property located?
The property is located at 745 Ridgewood Avenue Holly Hill, FL.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: 7,417‑square‑foot building on 1.28 acres; Restaurant area spans 5,941 square feet; 1,476‑square‑foot auto shop
