2794 Ridgewood 2794 Ave Edgewater, FL 32141
- Mixed-use properties
- 2.78 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 2794 Ridgewood 2794 Ave
- Year built
- 1956
- Lot size
- 2.78 lot acres
- Property type
- Mixed-use properties
Description
This exceptional 2.78-acre mixed-use property boasts significant frontage on US Highway 1/Ridgewood Avenue in Edgewater, Florida. The existing home on the site is considered to have impact fee value only, presenting a blank canvas for development. Its strategic location offers unparalleled convenience, situated near a wealth of amenities including Walgreens, Publix, Dollar General, Winn-Dixie, Dunkin' Donuts, Taco Bell, and Aldi's. The property's zoning presents a unique opportunity: the front portion is zoned commercial, while the rear acreage is zoned residential. This dual zoning allows for a variety of development options, from a thriving commercial venture to the construction of residential units. The potential for a mixed-use development, such as apartments or smaller homes, is particularly attractive. Located in Volusia County, the property is eligible for annexation into the City of Edgewater. City water and sewer services are readily available. The seller is open to considering financing for qualified buyers, making this an even more compelling investment opportunity. This property presents a rare chance to capitalize on a prime location and flexible zoning in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.8864
- Latitude
- 28.9539
