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    Daytona Beach Retail/Warehouse Investment Title is generated by Realmo AI

    719 N Ridgewood Ave, Daytona Beach, FL 32114

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    Versatile retail/warehouse with showroom, warehouse, and storage yard.

    Type:Retail
    Property size:
    6,300 SF
    Price / SF:
    $150/SF
    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

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    Listing Contact
    Beau Warren

    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

    This 6,300 sqft retail/warehouse building in Daytona Beach, FL, presents an investment opportunity. The property includes a retail showroom, warehouse space, and a storage yard. Recent upgrades include new impact doors and windows, lap siding, and a renovated showroom featuring private offices and a conference room. The warehouse has high ceilings, two roll-up doors, and an employee bathroom. Located on a high-traffic street, the property offers visibility and is situated near Downtown Daytona Beach, colleges, shopping, and restaurants. It is suitable for various uses, including retail sales, boat or marine parts sales, micro-brewery, and business services offices.

    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
    6,300 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $847.7K
    $741.7K – $989.0K (±1% cap)
    NOI $59,337 @ 7.0% cap · market cap 6.25%
    Second Best
    Warehouse
    $723.8K
    $633.4K – $844.5K (±1% cap)
    NOI $50,669 @ 7.0% cap · market cap 5.33%
    Theoretical Best
    Office A
    $1.86M
    $1.63M – $2.17M (±1% cap)
    NOI $130,032 @ 7.0% cap · market cap 13.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0373033
    Latitude
    29.2385448

    FAQs

    What type of property is this?
    Retail space - Versatile retail/warehouse with showroom, warehouse, and storage yard.
    Where is this retail space located?
    The property is located at 719 N Ridgewood Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 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.**
    More about this property
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