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    000 Ridgewood Ave Daytona Beach, FL 32117

    Sponsored
    For Sale
    $199,000

    Prime Commercial Lot, 27,007 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land parcel, priced at $199,000, offers 27,007.2 square feet of development potential in the thriving Holly Hill, Florida market. Located at 000 Ridgewood Avenue, this high-traffic corner lot sits at the intersection of US1 and 8th Street, providing unparalleled visibility and accessibility. Its strategic location places it in close proximity to key community amenities, including Holly Hill City Hall, Police Department, Fire Department, and the YMCA. The property also benefits from its adjacency to Pictona, a state-of-the-art pickleball facility that has already hosted international tournaments, ensuring a constant flow of activity and potential clientele. Further enhancing its appeal is its proximity to LPGA and Mason Avenues, as well as a variety of banking options, shopping centers, and restaurants. Nestled conveniently between Daytona Beach and Ormond Beach, this location offers easy access to both the river and the beach, broadening its market reach and appeal. The possibilities for development are truly endless, making this a rare opportunity for investors and developers seeking a prime location in a rapidly growing area. The property is zoned for commercial use (verification required) and is ready for your vision. This is a remarkable opportunity to acquire a significant commercial land parcel in a highly desirable location. Don't miss out on this chance to capitalize on the growth and potential of Holly Hill.

    Property Features for 000 Ridgewood Ave

    General Information

    Property type
    Land

    HighLights

    • $199,000 asking price.
    • 27,007.2 sq ft commercial land parcel.
    • High‑traffic corner lot at US1 & 8th St in Holly Hill, FL.
    • Excellent location near city hall, police & fire departments, YMCA, and Pictona pickleball complex.
    • Close proximity to LPGA and Mason Avenues, banking, shopping, and restaurants.
    • Convenient access to Daytona Beach and Ormond Beach.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.031279
    Latitude
    29.2265637

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 27,007 sq ft
    Where is this land located?
    The property is located at 000 Ridgewood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price.; 27,007.2 sq ft commercial land parcel.; High-traffic corner lot at US1 & 8th St in Holly Hill, FL.
    Request Owner's contact information
    000 Ridgewood Ave Daytona Beach, FL 32117
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    Daytona Beach, FL 32117
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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
    000 Ridgewood Ave Daytona Beach, FL 32117
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