2119 Ridgewood Ave Edgewater, FL 32141
This exceptional Edgewater, Florida property, Riverside Village & Riverside Plaza, offers a diverse range of flexible commercial spaces ideal for retail, office, or medical uses. Comprising four single-story buildings totaling 40,000 square feet on a 5-acre lot, this Class B property boasts 8 suites, with 10,000 square feet currently vacant. Units range from a minimum of 650 square feet to a maximum contiguous space of 10,000 square feet, providing flexibility for various business needs. Built in 1998 and renovated in 2008, the property features 8-foot ceilings and ample parking with 180 spaces. Located at 2119 S Ridgewood Ave, Edgewater, FL 32141, this property benefits from a 382-foot frontage on US-1 and convenient access to major highways, including I-95 and I-4. The property's zoning is Flex, allowing for a variety of uses. Taxes are $1.50 per square foot. The property enjoys a prime location, five miles south of New Smyrna Beach, in a rapidly growing market, close to major transportation hubs and attractions including the Kennedy Space Center, Port Canaveral, and Daytona Beach International Airport. Power is supplied at 150 amps per unit (52 units total). The property's APN is 840200000135.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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