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    4770 Ridgewood Ave Port Orange, FL 32127

    Sponsored
    For Lease
    $8 SF/Yr

    Prime Office Space, Riverwalk Corridor

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5,000 square foot office building, situated on a 0.59-acre lot (APN 63031030090), presents a unique investment opportunity. Originally constructed in the early 1980s, the building boasts a solid block construction and ample parking, a significant advantage in this desirable location. Its prime position along Ridgewood Avenue in Port Orange's Riverwalk corridor offers excellent visibility and accessibility. The building's convenient location is directly across from the Port Orange Adult Community Center, ensuring high foot traffic and a strong presence within the community. The property features a single tenant occupancy, currently configured as a 2,200 square foot former medical office. This space includes a welcoming lobby, a dedicated reception area, a functional kitchen, six exam rooms, and three private bathrooms, providing a versatile layout adaptable to various professional uses. The remaining 2,800 square feet offers significant potential for expansion or customization to suit specific business needs. The building's solid construction and desirable location make it an attractive investment for both owner-occupiers and investors seeking a stable, high-demand property in a thriving area. This is a rare opportunity to acquire a well-established building in a highly sought-after location. The property's size and layout offer flexibility for a variety of businesses, making it an ideal investment for long-term growth and profitability.

    Property Features for 4770 Ridgewood Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    1
    Size
    5,000 SF
    Rate per SF
    $8

    HighLights

    • Office building totaling 5,000 square feet on a 0.59‑acre lot.
    • Single‑tenant occupancy.
    • Located at 4770 S Ridgewood Avenue, Port Orange, FL, APN 63031030090.
    • Features a 2,200 square foot suite previously used as a medical office with a lobby, reception area, kitchen, six exam rooms, and three bathrooms.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9843058
    Latitude
    29.1355782

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Riverwalk Corridor
    Where is this office property / space located?
    The property is located at 4770 Ridgewood Ave Port Orange, FL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Office building totaling 5,000 square feet on a 0.59-acre lot.; Single-tenant occupancy.; Located at 4770 S Ridgewood Avenue, Port Orange, FL, APN 63031030090.
    Request Owner's contact information
    4770 Ridgewood Ave Port Orange, FL 32127
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    Port Orange, FL 32127
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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
    4770 Ridgewood Ave Port Orange, FL 32127
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