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    5901 Ridgewood Ave Port Orange, FL 32127

    • Turn key restaurants
    • 2,180 SF
    • 0.12 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-3658005
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 5901 Ridgewood Ave

    Year built
    1946
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    2,180 SF
    Zone code
    B4
    Property type
    Turn key restaurants
    APN
    6314-03-14-0160
    APU
    631403140160

    Description

    This exceptional investment property, located at 5901 S Ridgewood Avenue in Port Orange, Florida (zip code 32127), presents a rare opportunity. Built in 1946, this special purpose property boasts a highly productive income stream from a restaurant lease (with a minimum of three years remaining) and a residential building. The property sits on a busy corner lot at a four-way traffic light intersection on US Highway 1 (Ridgewood Avenue), ensuring high visibility and accessibility. Ample parking is available on-site and on the adjacent Palm Avenue. The restaurant building has undergone significant renovations, including a new roof, HVAC system, plumbing, and electrical panels. The residential building, currently configured as a single-family residence, also features a new roof, HVAC system, plumbing, and electrical upgrades and could easily be converted back into a duplex. This property offers excellent income potential and is ideal for a 1031 exchange. The asking price is $850,000. Don't miss this chance to acquire a well-maintained, high-return investment in a prime Port Orange location. The property's location offers exceptional visibility and accessibility, making it an attractive investment for both short-term and long-term growth.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $195,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $200,000
      Retail
      $210,000
      Mixed-Use
      $200,000
      Hospitality
      $210,000
      Educational
      $215,000
      Residential Income
      $205,000
      Energy
      $205,000
      Income-Based Land
      $160,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9728
    Latitude
    29.1079
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,022
    $19,418
    $144,655
    $164,073
    -
    $19,418
    $144,655
    $164,073

    Comparable in this City

    • Value Estimation
      $2,565,000
      5,557 SF

      1390 Dunlawton Ave

      RESTAURANT • 5,557 SF
      1390 Dunlawton Ave, Port Orange, FL 32127-4748
      View Details
    • Value Estimation
      $85,000
      792 SF

      5999 Ridgewood Ave

      RESTAURANT • 792 SF
      5999 Ridgewood Ave, Port Orange, FL 32127-6807
      View Details
    • Value Estimation by Request
      10,488 SF

      1765 Dunlawton Ave

      RESTAURANT • 10,488 SF
      1765 Dunlawton Ave, Port Orange, FL 32127-4717
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    • Value Estimation by Request
      5,641 SF

      4009 Halifax Dr

      RESTAURANT • 5,641 SF
      4009 Halifax Dr, Port Orange, FL 32127-4541
      View Details
    • Value Estimation
      $335,000
      2,966 SF

      1665 Dunlawton Ave Ste, Unit 101

      RESTAURANT • 2,966 SF
      1665 Dunlawton Ave Ste, Port Orange, FL 32127-2920
      View Details
    • Value Estimation by Request
      2,414 SF

      910 Vlg Trl

      RESTAURANT • 2,414 SF
      910 Vlg Trl, Port Orange, FL 32127-7757
      View Details

    Similar Nearby for Sale

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      Prime waterfront property with buildings, docks, and existing businesses.
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    Similar Nearby for Lease

    • $45 SF/Yr
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      View Details
    • Contact for pricing
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      Retail Spaces in Port Orange

      Retail spaces available in neighborhood center with high visibility.
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    • Contact for pricing
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      Open commercial space with potential synergy with neighboring business.
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    • Contact for pricing

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    5901 Ridgewood Ave
    Port Orange, FL 32127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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