719 N Ridgewood Ave, Daytona Beach, FL 32114
Versatile retail/warehouse with showroom, warehouse, and storage yard.
- Added:
- Oct 12, 2023
- Days on Market:
- 977
- Last Refresh:
- May 12 at 11:14 pm
Property Features for 719 N Ridgewood Ave
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1948
Listing agent Beau Warren License #SL3207370
Listing office Realty Pros Commercial Division
Listing date Oct 12, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Realty Pros Commercial Division
HighLights
- Prime location in Daytona Beach, FL on a high‑traffic street with exceptional visibility.
- Versatile 6,300 sqft retail/warehouse space with showroom, warehouse, and storage yard.
- Recently upgraded with new impact doors and windows, lap siding, and a fully renovated showroom with private offices and conference room.
- Warehouse features high ceilings and two roll‑up doors.
- Located in close proximity to Downtown Daytona Beach, colleges, shopping, and restaurants.
- Suitable for a variety of uses including retail sales, boat/marine parts, micro‑brewery, and business services.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.5k | $15.00 |
| − Vacancy | −$9.7k | −$1.55 |
| EGI | $84.8k | $13.46 |
| − OpEx | −$25.4k | −$4.04 |
| NOI | $59.3k | $9.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0373033
- Latitude
- 29.2385448