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Property profile & analytics
FOR SALE
Commercial land

2751 S Ridgewood Ave S Edgewater, FL 32141

4.02 ac lot
Individually Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US18-7579113
Property summary
AI-generated overview

This exceptional 126,324 square foot commercial land parcel presents a remarkable investment opportunity in Edgewater, Florida. Boasting over 508 feet of frontage on the busy US Highway 1/Ridgewood Avenue, this partially cleared property benefits from high visibility and significant traffic flow. Its strategic location is within a rapidly expanding community, adjacent to Edgewater Landing and across from established businesses like Dollar General and Launch Credit Union. The area is experiencing substantial growth, with hundreds of new homes planned for construction. Further enhancing its appeal are newly installed sidewalks and a bike path, promoting pedestrian and cyclist accessibility. The property enjoys proximity to a variety of amenities, including Walgreens, Publix, Winn-Dixie, banks, credit unions, fast-food restaurants (Burger King, Chick-fil-A), other retail outlets, and a new Aldi grocery store currently under construction. Zoned B-3 with future land use designated as commercial, this versatile property offers a wide range of potential uses (see permitted uses attachment). The seller is offering attractive financing options, including the possibility of holding a first mortgage with favorable terms. A large adjacent property is also available for purchase, and the seller will consider subdividing the land to accommodate various development scenarios. This prime location and flexible terms make this an unparalleled opportunity for commercial development in a thriving Florida market.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.02 ac (175,000 SF)
Zoning code B3
APN 8401-01-00-0002
UPID US18-7579113
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John J Robinson · 18 yrs held
John J Robinson
since 2008
1 recorded transaction
2008
$305,000
Zoning & alternative use
B3 · Edgewater, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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