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    1854 Ridgewood Ave South Daytona, FL 32119

    Sponsored
    For Lease
    $20 SF/Yr

    11,641 SF Newly Renovated Retail Building

    Lot size:
    11,641 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,641-square-foot retail property, situated on a generous 3.58-acre lot (APN 534416000642), presents a compelling investment opportunity. The single-tenant building boasts a recent, comprehensive renovation, including a brand-new 16-ton HVAC system and a roof less than a year old. Constructed of concrete block, the building is ideally suited for high-end retail showrooms, featuring approximately 7,500 square feet of finished showroom space and an additional 3,900 square feet of warehouse area. High ceilings (14 feet) add to the spacious feel. The property also benefits from a recently sealed and restriped parking lot, complemented by new landscaping. The existing building offers significant expansion potential, or the site could accommodate the addition of a new structure. This property's combination of modern amenities, ample space, and prime location makes it an attractive proposition for discerning buyers seeking a versatile and well-maintained retail space. The property is currently configured as a single-user building.

    Property Features for 1854 Ridgewood Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,641 SF

    Unit(s) available at that property

    Space
    Size
    11,641 SF
    Rate per SF
    $19

    HighLights

    • Retail property totaling 11,641 square feet on a 3.58‑acre lot.
    • Single‑tenant occupancy.
    • Newly renovated with new HVAC (16 tons) and roof.
    • Features approximately 7,500 square feet of showroom space and 3,900 square feet of warehouse space.
    • 14‑foot ceilings.
    • Recently sealed and striped parking lot with new landscaping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boca Bargoons Daytona Fabric Store

    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
    South Daytona
    County
    Volusia
    State
    Florida
    Longitude
    -81.0053555
    Latitude
    29.1766336

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    FAQs

    What type of property is this?
    Retail property - 11,641 SF Newly Renovated Retail Building
    Where is this retail property located?
    The property is located at 1854 Ridgewood Ave South Daytona, FL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 11,641 square feet on a 3.58-acre lot.; Single-tenant occupancy.; Newly renovated with new HVAC (16 tons) and roof.
    Request Owner's contact information
    1854 Ridgewood Ave South Daytona, FL 32119
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    South Daytona, 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
    1854 Ridgewood Ave South Daytona, FL 32119
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