2751 S Ridgewood Ave S Edgewater, FL 32141
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Edgewater, FLEdgewater. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.