0 Ridgewood Ave Edgewater, FL 32141
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.