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Property profile & analytics
OFF-MARKET
Land

0 Ridgewood Ave Edgewater, FL 32141

Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 0 S Ridgewood Avenue in Edgewater, Florida (32141), offers a significant opportunity for investors and developers. Boasting a substantial 297,950.4 square feet, this partially cleared lot provides over 1148 feet of frontage on the busy US Hwy 1/Ridgewood Road, ensuring high visibility and accessibility. The property benefits from its strategic location within a rapidly expanding community, with hundreds of new homes planned for construction. Its proximity to established businesses like Dollar General and Launch Credit Union, along with nearby Walgreens, Publix, Winn-Dixie, banks, and popular restaurants such as Burger King and Chick-fil-A, further enhances its appeal. New sidewalks and a bike path improve pedestrian and cyclist access. An Aldi grocery store is currently under construction nearby. The property is zoned B-3 with future land use designated as commercial, offering a wide range of potential uses (detailed permitted uses available upon request). The seller is willing to hold a first mortgage with favorable terms, and will consider subdividing the property, or selling a large adjacent parcel. This prime location presents a rare opportunity to capitalize on the growth and development within Edgewater.

Property profile
Verified
Property type Land
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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