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    1600 Ridgewood Ave Daytona Beach, FL 32119

    Sponsored
    For Sale
    $575,000

    Prime Commercial Lot, 0.65 Acres, BGC Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.65-acre commercial land parcel presents a remarkable investment opportunity in Daytona Beach, Florida. Situated on a high-traffic hard corner at 1600 S Ridgewood Ave, this property boasts unparalleled visibility and accessibility. The BGC (Business General Commercial) zoning allows for a diverse range of commercial uses, making it ideal for a variety of businesses. While located within a Community Redevelopment Area (CRA), there are some restrictions on automotive-related businesses. This prime location offers significant advantages, with proximity to key attractions and amenities. Directly across from the Daytona Beach Golf Club and a Racetrac gas station, this property benefits from high daily traffic volume. Furthermore, its location just two miles from Embry-Riddle Aeronautical University, Daytona Beach International Airport, and Daytona International Speedway ensures consistent exposure to a large and diverse customer base. The asking price for this exceptional property is $575,000. This is a rare opportunity to acquire a strategically located commercial lot with significant development potential in a thriving Florida market. The property's high visibility and convenient location make it an attractive investment for both established businesses and new ventures. Don't miss this chance to secure a prime piece of Daytona Beach real estate. The address is 1600 S Ridgewood Ave, Daytona Beach, FL 32119, Volusia County.

    Property Features for 1600 Ridgewood Ave

    General Information

    Property type
    Land
    Lot Size
    28,314 SF

    HighLights

    • 0.65‑acre commercial lot in Daytona Beach, FL, at 1600 S Ridgewood Ave.
    • High‑traffic corner location with excellent visibility and accessibility.
    • BGC zoning allows diverse commercial uses (some automotive restrictions apply within CRA).
    • Prime location near Daytona Beach Golf Club, Racetrac, Embry‑Riddle Aeronautical University, Daytona Beach International Airport, and Daytona International Speedway.
    • Asking price: $575,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Atm Wells Fargo ATM Atm Cash4harleyparts.com Motorcycle Parts Store

    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
    -81.0086668
    Latitude
    29.1831789

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 0.65 Acres, BGC Zoning
    Where is this land located?
    The property is located at 1600 Ridgewood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: 0.65-acre commercial lot in Daytona Beach, FL, at 1600 S Ridgewood Ave.; High-traffic corner location with excellent visibility and accessibility.; BGC zoning allows diverse commercial uses (some automotive restrictions apply within CRA).
    (407) 415-6754
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    1600 Ridgewood Ave Daytona Beach, FL 32119
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    Daytona Beach, FL 32119
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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
    1600 Ridgewood Ave Daytona Beach, FL 32119
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