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1850 Ridgewood Ave Daytona Beach, FL 32117

OFF-MARKET Lifestyle centers Google Maps
57,870 SF 7.65 ac lot Built 2002
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

The Gates of Holly Hill, located at 1850 Ridgewood Ave, Holly Hill, FL 32117, presents a compelling investment opportunity in a thriving retail environment. This single-story, 57,870 square foot shopping center, built in 2002, boasts a prime location directly off Ormond Beach and the Halifax River. The property features nine suites, with five currently available, ranging from 1,200 to 2,600 square feet. A significant anchor tenant, Publix grocery store, ensures consistent high traffic and strong visibility. Ample parking is provided with 332 spaces, easily accommodating customer needs, even during peak hours. The property is zoned B-4 and sits on 7.65 acres (APN: 4242-0R-00-0020). The diverse tenant mix currently includes a variety of specialty shops, cafes, and service businesses, creating a vibrant and attractive shopping destination. This well-maintained property offers a strong foundation for future growth and profitability in a high-demand retail market. The property's convenient location and established tenant base make it an ideal investment for both experienced and emerging investors seeking a stable and high-performing retail asset.

Property profile

Verified
Property type Lifestyle centers
Year built 2002
Total area 57,870 SF
Lot 7.65 ac (333,234 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cinema (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Pharmacy
  • Specialty Food Shop Supermarket
  • Atm Bank

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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