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    900 Ridgewood Ave Daytona Beach, FL 32114

    For Sale
    $365,000

    Prime location, high visibility, 2400 sq ft.

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,400 square foot office building, situated on a prominent corner lot at 900 S Ridgewood Avenue in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1947, the property sits on a substantial 16,348.07 square foot lot and boasts high visibility due to its location along US1. The flexible layout is ideal for multiple tenants, with the potential for subdivision into individual office suites. Currently configured with three main entrances and four bathrooms, this adaptability caters to diverse business needs. Ample parking is available for tenants and staff, complemented by a detached two-car garage offering additional storage space. The building's prime location ensures excellent signage exposure, maximizing visibility for any business. Zoned T-2, the property allows for a variety of professional uses, making it a versatile and attractive investment. The asking price is $365,000. This rare opportunity combines a desirable location with a functional and adaptable building, making it an excellent choice for investors and businesses alike. Don't miss this chance to secure a prime commercial property in a thriving Florida market. The zip code is 32114.

    Property Features for 900 Ridgewood Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1947
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tomoka Engineering Engineer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0149364
    Latitude
    29.1951771

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high visibility, 2400 sq ft.
    Where is this mixed-use property located?
    The property is located at 900 Ridgewood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $365,000.
    Request Owner's contact information
    900 Ridgewood Ave Daytona Beach, FL 32114
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    Realmo Value Estimation

    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.

    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.

    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
    900 Ridgewood Ave Daytona Beach, FL 32114
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