Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1092 Ridgewood Ave Edgewater, FL 32132

    Sponsored
    For Sale
    $1,500,000

    High-growth area, multi-tenant retail

    Property size:
    4,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.53-acre commercial property in Edgewater, Florida, is listed at $1,500,000. Currently generating over $145,000 annually from various tenants, including a mechanic shop and automotive sales, with mobile homes situated at the rear. The property boasts 264 feet of frontage on US1 and is comprised of two parcels currently being assembled. Its 4,600-6,000 square foot building offers significant redevelopment potential, ideally suited for two drive-through establishments, ample parking, and major retail or medical uses. The location is highly advantageous, situated near a YMCA, Taco Bell, Little Caesars, Chick-fil-A, and a municipal park, ensuring high visibility and foot traffic. The property's location within a Community Redevelopment Area (CRA) provides access to potential incentives and support for redevelopment projects. A retention pond could be added to meet expansion requirements. The property is approximately one hour from Orlando International Airport and two miles from New Smyrna Beach, offering convenient access to major transportation hubs and tourist destinations. This prime location presents unparalleled business opportunities in a thriving area. The remaining lease term on the current tenants is two years.

    Property Features for 1092 Ridgewood Ave

    General Information

    Property type
    Retail properties
    Square Feet
    4,600 SF
    Lot Size
    66,647 SF

    HighLights

    • High‑traffic location at the entrance to a busy YMCA, ensuring strong customer flow.
    • 1.53‑acre commercial lot in Edgewater, FL, assembled from two parcels, offering versatile usage potential.
    • Development potential includes a new retention pond and redevelopment of a 4,600‑6,000 sq ft building for drive‑through businesses or retail/medical uses.
    • Located in a Community Redevelopment Area (CRA), providing access to redevelopment incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    tropical auto air Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewater
    County
    Volusia
    State
    Florida
    Longitude
    -80.9020385
    Latitude
    28.9818781

    Nearby Similar for Sale

    • $600,000
      3,243 SF

      Edgewater Duplex with Garage

      Duplex featuring a garage and neutral finishes in Edgewater, Florida.
      2419 India Palm Dr, Edgewater, FL 32141
      View Details
    • $379,990
      4,130 SF

      Edgewater Triplex: Investment or Live-In

      Spacious triplex in Edgewater, ideal for investors or owner-occupants.
      3304 India Palm Dr, Edgewater, FL 32141
      View Details
    • New
      $379,990
      3,758 SF

      Edgewater Triplex: Investment Opportunity

      Spacious triplex in Edgewater, Florida, ideal for investors.
      3304 India Palm Dr, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      Profitable Dual-Business Opportunity in Edgewater

      Laundromat and car wash on major corridor with high visibility.
      921 S Ridgewood Ave, Edgewater, FL 32132
      View Details
    • $650,000
      Pending

      Edgewater Commercial Office Space For Sale

      Versatile commercial property on high-traffic US-1 in Edgewater, Florida.
      240 N Ridgewood Ave, Edgewater, FL 32132
      View Details
    • $85,000
      0.18 Acres

      Waterfront Lot in 55+ Community

      Intracoastal Waterway views, active community, and extensive amenities.
      324 Schooner Ave, Edgewater, FL 32141
      View Details
    • $794,000
      0.23 Acres

      Turnkey Auto Repair Opportunity

      Established auto body business and real estate in Edgewater, Florida.
      2012 Guava Dr, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      New Warehouse in Thriving District

      New 2500 sqft warehouse in Edgewater, FL, ready March 2026.
      2421 Guava Dr, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      New Warehouse in Thriving District

      New 2600+ sqft warehouse in Edgewater, FL, ready March 2026.
      2421 Guava Dr Guava St, Edgewater, FL 32141
      View Details
    • $449,000
      Pending

      Retail Building on Highway 1

      Retail building on 0.52 acres with highway frontage.
      917 S Ridgewood Ave, Edgewater, FL 32132
      View Details
    • $1,200,000
      7,800 SF

      Edgewater Office/Warehouse Investment Opportunity

      Office/warehouse space in Edgewater, suitable for investors or owner-users.
      328 North Ridgewood Ave, Edgewater, FL 32132
      View Details
    • $4,026,893
      4,887 SF

      Retail Investment Property in Edgewater

      100% occupied retail property with long-term leases and rental increases.
      1308 S Ridgewood Ave, Edgewater, FL 32132
      View Details

    FAQs

    What type of property is this?
    Retail property - High-growth area, multi-tenant retail
    Where is this retail property located?
    The property is located at 1092 Ridgewood Ave Edgewater, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High-traffic location at the entrance to a busy YMCA, ensuring strong customer flow.; 1.53-acre commercial lot in Edgewater, FL, assembled from two parcels, offering versatile usage potential.; Development potential includes a new retention pond and redevelopment of a 4,600-6,000 sq ft building for drive-through businesses or retail/medical uses.
    (386) 401-8008
    Request Owner's contact information
    1092 Ridgewood Ave Edgewater, FL 32132
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1092 Ridgewood Ave
    Edgewater, FL 32132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1092 Ridgewood Ave Edgewater, FL 32132
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.