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    Ridgewood Ave Daytona Beach, FL 32114

    Sponsored
    For Sale
    $1,500,000

    Prime Commercial Lot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 48,641 square foot vacant commercial lot is ideally situated in the heart of Daytona Beach, Florida, on S Ridgewood Ave, zip code 32114. Boasting prime visibility to both pedestrians and motorists, this property offers unparalleled exposure for any commercial venture. Its location within the bustling downtown area ensures high foot traffic, maximizing your business's potential. The commercial zoning allows for a wide range of uses, from retail stores and restaurants to offices and other commercial establishments. Existing infrastructure and utilities are already in place, streamlining the development process and saving valuable time and resources. Daytona Beach's vibrant community, renowned attractions, and proximity to the beach create a thriving environment for businesses. This property presents not only a fantastic opportunity to establish a successful business but also a sound investment for the future. The asking price is $1,500,000. Broker co-op is available.

    Property Features for 0 Ridgewood Ave

    General Information

    Property type
    Land

    HighLights

    • 48,641 SF vacant commercial lot in Daytona Beach, FL (32114), on S Ridgewood Ave. High visibility for pedestrian and vehicular traffic.
    • Utilities and infrastructure already in place.
    • Excellent location near Daytona Beach attractions and beaches.
    • Prime investment opportunity in a thriving community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0103528
    Latitude
    29.1875302

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, High Traffic Area
    Where is this land located?
    The property is located at Ridgewood Ave Daytona Beach, 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: 48,641 SF vacant commercial lot in Daytona Beach, FL (32114), on S Ridgewood Ave. High visibility for pedestrian and vehicular traffic.; Utilities and infrastructure already in place.; Excellent location near Daytona Beach attractions and beaches.
    (386) 237-4444
    Request Owner's contact information
    Ridgewood Ave Daytona Beach, FL 32114
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    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
    Ridgewood Ave Daytona Beach, FL 32114
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